Find Out More

If a Business Plan is available it should be forwarded by email or post to: Pf@evgroup.uk.com; or Paul Ferguson, Enterprise Ventures Ltd, Preston Technology Management Centre, Marsh Lane, Preston, Lancashire, PR1 8UQ If no Plan currently exists then an application form can be found at: http://www.lancashire.gov.uk/corporate/lcdl/finance/rosebud/tips.asp and should be forwarded as above

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Rosebud Business Finance

A long-standing additional source of funding for businesses in Lancashire which are finding it difficult to access the finance needed for growth from banks/asset funders. Priority is given to certain industry sectors see below Companies must be in the administrative county of Lancashire

Scope/Activity

Designed to aid growing businesses and hence contribute to job creation/the enhancement of local economies. Rosebud is not grant money. Rosebud is not available to businesses in Blackburn with Darwen or Blackpool.

What it involves;

Funding is by way of either loan, equity or a combination of the two. The amount available ranges from 50,000 to 1m. It can be used in support of capital or revenue expenditure. It is strongly preferred for Rosebud to not be the sole funding element but this is not a rigid requirement.

Eligibility

Based in the administrative county of Lancashire? Not a PLC? In one of the following priority sectors?: Aerospace Advanced manufacturing Creative and Digital Energy and Environmental Finance and professional [companies inother sectors can be considered but will need to demonstrate that funding will bring very positive benefits to the local economy] If successful, will the funding be used to assist in expansion of the business and job creation particularly skilled jobs?