PKF Francis Clark is hosting a seminar which brings together providers of business funding, including both debt and equity; business support agencies including grant specialists; our own corporate finance experts and business owners themselves to provide short, sharp presentations in order to assist business owners and managers in assessing which funding stream is right for them.

1. 1
Sharon Austen, Partner
Finance in the South
West 2018

2. Housekeeping

3. www.website.com
Twitter
• Follow us on Twitter @pkfFrancisClark
• Tweet about this event using:
#FCFinanceSW

4. 4
New Exeter office – Centenary House

5. 5
Finance in the South West – why?
• https://www.gov.uk/business-finance-
support-finder (152 “schemes of type Finance,
Equity, Grant or Loan”)
• ICAEW identified 362 lending institutions in the
UK
• “Crowdfunding” the most Googled business
funding term in 2017
• Knowledge is key (Understand funding options..)
• Mainstream banks
• Debt alternatives
• Equity sources
• Grant funding
• Tax reliefs
• Bank Referral Scheme

6. Presenters
And more… (22 presentations in total, covering “full
range” of funding and business support options)

7. Warning mechanisms
One minute to go

8. Structure of the morning
• Background, Equity, Debt and Business
Support (8.30am to 10.20am)
• Heart of SW LEP (Productivity)
• Investment ready
• Debt – Challenger and Alternative
• Equity and Grants
• Business Support, incl. Growth Hub
• Coffee Break (10.20am to 10.45am)
• Funding, Business Support, Investment
Ready and SME perspective (10.45am to 12noon)
• Start Up (trading for < 2 years), or
• Established Business
• Lunch and Networking (12noon to 1pm)

9. Eifion Jones
Productivity
Strategy

10. Investing in productivity & prosperity for all
LEP: a partnership (incorporated as a CIC) across the public and private
sectors, with a small core team and supported by LA colleagues.
To achieve mutual economic aims we:
Identify common priorities
Attract resources & investment
Make a difference to prosperity.
Economic
size of a
major city

11. HotSW LEP Investments
57£239m £738m 4000
Total
projects
Project
Pipeline
Total
Growth Deal
Business
helped
• Main route for
businesses to engage
with the LEP
• 800 businesses pointed
to funded schemes

12. UK Productivity Growth
Flat since 2008
“We need to eat, drink and sleep
productivity….”
Paul Drechsler CBE
President CBI
20% lost
productivity vs
pre-crisis trend:
translates directly
into wages &
living standards
“Productivity isn’t everything, but in
the long run it is almost everything. A
country’s ability to improve its
standard of living over time depends
almost entirely on its ability to raise its
output per worker.”
Paul Krugman
The Age of Diminishing Expectations

13. Productivity Strategy: Purpose
Local authorities, National Parks, Clinical
Commissioning Groups and the LEP. Productivity
Strategy to:
1. Align efforts & investment of local partners into
raising productivity
• sets up the interventions needed to raise productivity in the coming years
• partnership to develop delivery plan
2. Focal point for engagement & negotiation with
Government for investment and powers

14. World-class Capability
• “Golden Opportunities”
‐ Nuclear: sector deal
‐ Aerospace &
advanced engineering
‐ Marine
‐ Data analytics
‐ Rural productivity
‐ Health & care
• World-class
research capability
‐ links with
business
‐ links to all areas
• Very strong
network of FE
colleges
• SW Rural
Productivity
Commission
• Natural capital
• Inclusive
growth

15. GVA per hour
worked
1st 39th
Challenges
Employment almost 80%: amongst the highest in Europe
Growth increasingly difficult to achieve by raising employment
rates
Productivity can improve considerably
32nd
GVA = Gross Value Added. ‘Local’
equivalent of Gross Domestic
Product
Local variation

16. 33rd
Challenges
37th
31st
1st 39th
Innovation Spend on
R&D per
employee
Enterprise Export
intensive
industries
Connectivity Average
download
speeds
Ageing
population

17. Challenges
Skills Higher
skills
levels

18. • Double Heart of the South West economy by 2036
– 2015: £35 billion
– 2036: £70 billion
• By raising productivity
– 2015: £45,000 GVA per FTE
– 2036: £69,000 GVA per FTE
• Supporting Government’s ambition
– prosperity across the UK
Ambition

19. Productivity Strategy in a Nutshell
• Business
innovation
• Management
excellence
• Exports
• Start ups & growth
• Business &
Foreign Direct
Investment
• Digital
infrastructure &
opportunities
• Connectivity &
resilience
• Housing & land for
business
• Clean energy
infrastructure
• Educating & retaining
workforce of the
future
• Pathways to success
• Skills for ‘golden
opportunities
• Supporting workforce
to succeed in a
changing economy
• Inclusive growth
• Natural capital
• Maximise
potential of
digital

20. Building our Industrial
Strategy

21. Thank you

22. 22
Ed Marffy
Investment Ready

23. Funding options
Equity Debt Grants
Crowdfunding

24. Selection
• Appropriate
• Tailored
• Competitive

25. Preparation: General
• Industry & current
operations
• Communicates “business
case”
• Future strategy
• Professional
• Tailored
• Especially important for
start-ups
• Realistic
 Supported
• Add up
 Underpin business case
• “Integrated” (Balance
sheet & Cash flow)
 Monthly cash headroom
 Sensitivities
• Licences
• Contracts
• Intellectual property -
ownership?
• Tax – CT, VAT, PAYE/NI
• Statutory + management
accounts & other records
Business plan Projections “Housekeeping”

26. Equity
• Growth
• Restricted matters
• No market = “locked in”
Exit route
Funder requirements
• Understand valuation
• Expertise vs independence
• Passive / active
• Potentially more subjective
Preparation

27. www.website.com
Debt
• Cash flow
• Security
• Covenants – appropriate?
• Govt. initiatives – eligibility
Funder requirements
• Accounts and records
• Projections
• Credit rating
• Shop around
Preparation

28. 28
Grants
• Eligibility – sector, size, location…
• Impact / project – i.e. usually not
for general expenses
• Ongoing compliance
Funder requirements
• Competition - priorities
• Process – time prescriptive, panels
• Match funding
• Cash flow – arrears
• Admin
• Patience
Preparation
For further information see FiSW factsheet

29. Hampshire Trust Bank
A specialist bank
Jonathan Scott

30. 30
Our Vision
“We're building a bank to be proud of.
A bank that is valued by its customers for its focus on
outstanding service, lasting relationships,
integrity and expertise.”

31. 23/02/2018 31
Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses
realise their ambitions.
Our dedicated Asset Finance, Property Finance and Commercial Mortgages teams ensure that businesses receive the outstanding
service, lasting relationships, integrity and expertise they need to prosper.
We also provide Savings accounts to individuals and since we lend to SMEs, our savers can be sure their money will help boost
the British economy.
The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the
Financial Conduct Authority.
About Us
ASSET FINANCE
Hire purchase and
leasing finance for
businesses and
consumers via
specialist independent
introducers
PROPERTY FINANCE
Creative and
customised
relationship-based
financing solutions for
experienced property
professionals
COMMERCIAL
MORTGAGES
Short and long-term
tailored mortgage
lending for SMEs,
trading businesses and
investors
PERSONAL SAVINGS
Straightforward and
consistently
competitive savings
accounts, helping you
get great value for your
savings
BUSINESS SAVINGS
Consistently
competitive and
transparent deposit
accounts designed to
help your organisation
make the most of its
surplus working capital

32. About Us
32

33. Asset Finance
• Our Asset Finance team offers Hire Purchase (HP) and Leasing finance for businesses and
consumers via independent introducers as well as Sale and HP / Lease Back finance and Block
Discounting.
• We offer motor vehicle finance for cars and light commercial vehicles for either business or
private use.
• The assets we finance range from IT, printing, imaging, medical and material handling
equipment to plant and machinery for sectors including manufacturing, construction,
agricultural and healthcare.
33
“Our Asset Finance specialists recognise that speed of decision-
making and a dependable, personalised and efficient service are
paramount.”
Jon Maycock, Managing Director, Asset Finance

34. Property Finance
• Our Property Finance division offers creative and customised financing solutions to
experienced property professionals across the UK - all centred on a traditional relationship-
based approach to banking.
• The ideal Property Finance facility is in the £1m to £15m range, although we aim to be
flexible, ensuring our customers never miss the right opportunity.
• Timing can be everything and we commit to providing a responsive, supportive and
professional service throughout.
34
“The Property Finance team at Hampshire Trust Bank is staffed by
people with in-depth experience who understand property in all
its intricacies. We have a passion for property – it is in our blood”
Robert Grigg, Managing Director, Property Finance

35. Selection of Property Finance Projects in 2017
35

36. Commercial Mortgages
• Our Commercial Mortgages team provides structured specialist lending with tailored
solutions for SMEs, trading businesses and investors.
• Offering bridging and term finance secured against buy-to-let, semi-commercial and
commercial property with loan amounts from £100,000 to £2.5m.
• Hampshire Trust Bank’s Bridging Finance team offers competitive pricing, flexibility and a high
level of service.
36
“Our team is focused on providing a best in class service to its
introducer partners and borrowers. We deliver service and
certainty with specialist products for commercial, bridging and
buy-to-let.”
Mark Sismey-Durrant, Chief Executive Officer

37. Personal Savings
• At Hampshire Trust Bank, our personal savings accounts are designed to be straightforward
and consistently competitive, giving you the reassurance that you will not have to keep
moving funds around to get a good deal and helping you get great value from your savings.
• Because we are a UK bank focused on supporting local businesses, you can also be sure that
your money will be used to support enterprises that boost Britain’s economy.
• We offer a 90-Day Variable Rate Notice Account and 1, 2, 3 and 5 Year Fixed Rate Bonds.
37
“You’ve worked hard for your money and we’ll make sure your
money works hard for you.”
Stuart Hulme, Director of Savings and Marketing

38. Business Savings
• Our business savings accounts are designed to enable businesses and organisations to gain a
good rate of return on their capital, generally better than that offered by business current
accounts.
• They offer the same consistently competitive approach as our personal savings accounts,
leaving you free to focus on running your organisation rather than monitoring the return on
your capital.
• We offer a 90-Day Variable Rate Notice Account and 1, 2, 3 and 5 Year Fixed Rate Bonds.
38
“Our business savings accounts are straight forward to open and
easy to manage. They offer a good rate of return and are a great
alternative to keeping surplus cash in your current account,
leaving you free to manage your business safe in the knowledge
that your money is working hard for your bottom line.”
Stuart Hulme, Director of Savings and Marketing

39. Contact Details
Jonathan Scott
Regional Lending Manager
07832 384 874
Jonathan.scott@htb.co.uk
PROPERTY FINANCE
Colin Stevens
Head of Bridging and Direct
0207 862 6244
colin.stevens@htb.co.uk
COMMERCIAL MORTGAGES
www.htb.co.uk

40. Michael Cass

41. Lenders on our platform include. . .Smarter funding searches with capitalise.com

42. 2017 was a great year for us

43. Lenders on our platform include. . .
360 + lenders in the UK alone

47. Term loans and working capital facilities
CAPITALISE CASE STUDY
Scenario: High-interest loan refinance, with additional working
capital
Amount: £80,000
Business sector: Retail
Challenge:
• Several short-term, high interest loans
• Ate into cash-flow & profit margins
Result:
• Two competitive term loan quotes
• Elongated repayment terms to lower monthly payments
• Lower rate and lower APR
• Ability to pay facility off early w/ no charge
• A happy client!
Scenarios
• Growth
• Working capital
• Debt refinance
• Tax bill
• Asset purchase
• Acquisition
• Stock purchase
• Supplier payment
• Payroll
• Refurbishment
• & more!

48. Debtor backed funding
Great for businesses with…
• Large, corporate clients with long
payment terms
• Large number of debtors outstanding,
evenly spread
• Businesses operating B2B who have high
day-to-day operating costs
• Businesses with light fixed assets
• & more!
CAPITALISE CASE STUDY
Scenario: Large oil & gas business with contractual disputes and
large looming tax bill needed working capital and refinance of
their banking facility.
Amount: £4,000,000
Challenge:
• Contractual disputes in arbitration
• Large tax bill looming
• Bank not looking to support
• Difficult to fund debt due to the above
Result:
• £4m facility agreed to fund business working capital & refi
bank facility
• Facility structured as term debt, backed against debtor book

49. Asset finance
Assets you can fund…
• Plant
• Machinery
• Motor vehicles
• Property
• Office furniture
• Office/shop ‘fit out’
• Software
• Hardware
• Intellectual Property
• IT equipment
• Kitchen equipment
• Brewing equipment
• & more!
CAPITALISE CASE STUDY
Scenario: Group of manufacturing business looks to refinance
their business’ assets to raise money for acquisition and general
restructuring.
Amount: £1,000,000
Challenge:
• Many different types of assets
• Different lenders with finance outstanding
• Complex structure with several different charges necessary
Result:
• £1m facility, secured over assets and property, refinancing all
asset-based lending in the business
• 60 month repayment profile

50. Property
CAPITALISE CASE STUDY
Scenario: Diversifying care home business, looking to
buy a boutique hotel to refurbish & develop in the SW
Amount: £1,000,000
Challenge:
• Find a lender with strong pricing and no exit fee
willing to lend at a fairly high LTV (Loan To Value)
• Demonstrate viability of project & business plan
Result:
• Quick turnaround £1m bridging loan in time for
seller’s deadline & a happy client!
CAPITALISE CASE STUDY
Scenario: Trading business in the
healthcare space looking to exercise
purchase option on their office
Amount: £135,000
Challenge:
• On the small end for commercial
mortgages, client required 75% LTV
• High LTV and low enough rate needed
the right lender
Result:
• A challenger bank was able to get
comfortable with the property and the
business’ affordability
• & of course – a happy client

51. 7x more likely as a PKF Francis Clark client!

53. Angel Network: MyVAN
Rob Misselbrook

54. Introduction
• Mylor Ventures Angel Network (MyVAN)
– Business Angels with a SW focus, members of the
UKBAA
– Active Experienced investors with added value:
• Networks and sales connections
• Technical
• Bring their own disciplines
– Invest their own cash
– Will often take a board or NED position

55. An integrated Approach
• Mylor Ventures Angel Network (MyVAN)
and/or….
Your own cash
Family and Friends
Crowd (Crowdcube, Seedrs, Funding Circle)
and/or….
Grants
Incoming CIoS Fund (£40m)

56. What Angels Look For:
• Businesses with
– Strong Value propositions
– Large markets
– Intellectual Property
– Credible Management
• Capital Efficient
• Gross margin must cover HR
• EIS/SEIS
• Willingness to let Angels participate
• [NED Register]

57. MyVAN ref Crowd & Grants
• Crowd (Fixed timeline)
– Pump priming (MyVAN)
– Detailed preparation
– Alongside corporate/VC/PE
• Grants (Non dilutive)
– When available
– Reduce overall risk

58. What Angels Look for - Preparation
• Investment Readiness Toolkit
– Templates
• IMs, Models, Presentations
– Documents
• NDAs, Contracts, SH Agreements
– Policies
• Procurement, Ethical, Environmental
• Its always a buyers market but good companies
well prepared always get funded

59. Process - Delivery
• MyVAN
– Apply at www.mylorventures.co.uk/angel-network/
– Investment Readiness (1 – 2 months)
– Summary Document– ‘yes/no’
– Meetings/Skype
– Agreement/Participation
– Execution
• Crowd – note timeline benefits
• Grants – non dilutive but ensure focus is maintained

60. rob@mylorventures.co.uk
07760 282106

61. RICHARDECKLEY
EquityCrowdfunding

62. The Power
of the
Crowd

63. ANGELS

64. CROWD

68. WHY CROWDFUND?
 Global Investor Reach
 Cost effective
 Marketing effect
 Crowd feedback
 Expertise
 Fair Terms
 Financial return
 ‘Armchair Dragon’
 Support friends and family
 Access exciting investments
 Lower/spread risk
 Simple to invest

72. Under 25
25-34
35-44
45-54
55-64
65 or over
DIVERSE COMMUNITY
Gender split
• 74% male, 26% female
• 3% of angel network members are female
• 4% of VC partners are female
• 9% of AngelList members are female

73. £70,000
Annual salary
42%
Investment from high net worth &
sophisticated investors
 Technology
 Marketing
 Financial Services
 Management
Consulting
 VC and Private
Equity
TOP JOBS TOP 5
£
£
£
investor employers

74. DEMOCRATISATION OF INVESTORS

75. The Evolution of Success

76. The Evolution of Success

77. The Evolution of Success

78. £404 MILLION +Successfully raised
£0
£20,000,000
£40,000,000
£60,000,000
£80,000,000
£100,000,000
£120,000,000
£140,000,000
2011 2012 2013 2014 2015 2016 2017

79. 641
Successful raises

80. £15,306,110
£39,479,630
£44,303,188
Stage of Growth
Start up Early stage Growth
41%
35%
24%

81. 501,000+Investor community
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
2011 2012 2013 2014 2015 2016 2017

82. £1,000,000
Largest single investment
£
£10,000,000
Biggest deal
£683,120
Average raise
£1,789
Average investment
52%
Pitch success rate
£10,736,120
Average amount invested per month

83. Crowdfunding is for growth businesses in any sector – easier for
consumer facing but B2B has good chances of success
Secure an army of investor advocates and awareness as well as funds
Success rate of 52% vs 25% outside of crowdfunding
Sprint not a marathon - typically 3 months end-to-end vs 10 months
outside of equity crowdfunding

84. THANK YOU
Richard Eckley Equity Campaigns Team Lead
@re_crowdcube
www.crowdcube.com
@crowdcube

85. David Hynd, Programme and Partnership Manager
www.heartofswgrowthhub.co.uk
Introducing Growth Hubs
& Business Support

86. Helping you navigate the maze
Growth Hubs connect you
to national & local
business support schemes,
grants and advice
Making local business
support simpler & easier to
access

87. What is a Growth Hub?
A single point of access for businesses support
Introduce you to grants, advice, events
Extensive knowledge resources and a dedicated website
Growth Hub is…
• Free, impartial business enquiry service
• Advisers on hand to talk to you
• Workshops with delivery partners
• Factsheets on business topics
• Dedicated business support website

88. Support & Grants to Grow My Business
• Identify & exploit export opportunities
• Experienced International Trade Advisers
• Access to market research & information
Innovate2Succeed
• For ambitious companies
• Tailored support & innovation tool
• Innovation Specialists
Local Manufacturing
Advisory Programme
• For established manufacturing SMEs
• A free business review
• Small grants for advice & capital investment

89.  Spoke with Growth Hub Adviser at a Business Show
 Introduced a local Adviser for a Business Review
 Connected to digital related training support
 Attended fully funded workshops
PLYMOUTH GAMES MANUFACTURER
Winner of the prestigious Ebay ‘Be
your own boss’ award, marking her
growing success online.
Hannah’s Games
“Why would you not use the Growth Hub to access business support?! If you
don’t grow yourself, you are not going to grow your business.”
Hannah Daragon, MD of Hannah’s Games

90. Rhino Play
• Supplies playground solutions for councils,
schools and leisure industry across the UK.
• Family-owned company
• Received support with their growth plans
and with relocation into larger premises.
 Spoke with Growth Hub Adviser Laura Daniel
 Connected the company to a RDPE Growth Programme Grants scheme
 Introduced the company to a funded manufacturing advice programme
“The advice I have taken has provided me with a new mind-set to know where and how
to drive the business forward.” Adam Parker, Operations Manager

91. New Oaks Te Cake
“It’s so easy for us to be too
involved in the day to day running
of the business.”
Tel: 03456 047 047 www.heartofswgrowthhub.co.uk
Heart of the South West Growth Hub
“The support we received has
really allowed us to move in the
right direction.”

92. Josie Gough
Regional Manager –South West

93. Who do we Fund?
 ≈ 60% of our core grant
funding goes to SMEs
 ≈ 80% of collaborative
projects involve at least 1
research base partner
 We work with over 140
individual research base
organisations (including
institutes and RTOs)2,900 organisations / year
2,400 projects / year

94. Challenge
Industrial Strategy
Challenge Fund
Responsive
Sector & Open
Programme
Business Growth Pilots: Innovation Loans & Investment Accelerator
Knowledge Transfer Partnerships
How do we Fund?
Managed Programmes: Procurement, Government, Late-stage (e.g ATI)

95. The mission of Innovate UK is to
accelerate UK economic growth
through funding and connecting
business-led innovation
831 projects £102m
invested

96. Industrial Strategy Challenge Fund
Medicines manufacturing technologies
Batteries for clean and flexible energy
storage
Robots for a safer world
Self-driving vehicles
Manufacturing and materials of the future
Satellites and space technology

97. The next wave of the Challenge Fund
Data to early diagnosis
& precision medicine
Healthy ageing
Next generation services
Audience of the future Quantum technology
Transforming
construction
Transforming food
production
Energy revolution

98. Knowledge Transfer
Partnerships

99. How do we Connect?
Thematic Focus
Knowledge Transfer Advisors
Local Presence
Global Connections

100. Our Catapults

101. We can’t stop
thinking about
the future
Empowering innovative
UK businesses today to
lead the global growth
industries of tomorrow.

102. one agency
Growth Programme grants
Countryside Productivity grants
Application process
Further information
Quenton Steele
Rural Development Manager
102
Francis Clark FitSW 2018
EU Grants for Rural Development

103. PROTECT one agency
Grant Offers currently Open
Growth Programme closes 31.05.18
3 themes: Business Development
Food Processing
Tourism Infrastructure
Countryside Productivity
4 themes: Small Grants closes 14.03.18
Improving Forestry Productivity closes 03.04.18
Adding Value to Agri-food closes 29.06.18
Improving Farm Productivity closes 03.12.18
103
The Government will guarantee funding for RDPE Grants if these are agreed
and signed before the UK’s departure from the EU - subject to VFM and
meeting the programme Priorities.

104. PROTECT one agency
Growth: BUSINESS DEVELOPMENT
• For micro and small businesses, and
farmers diversifying into non-
agricultural activity, to grow and create
jobs.
• Grant funding can help pay for:
 Constructing or improving buildings
 Buying new equipment and/or
machinery
How much can be applied for
in the HotSW LEP area:
• Up to 40% of eligible costs
• Minimum grant of £35,000
104
• State aid rules limit funding to €200,000, around £170,000.

105. PROTECT one agency
Growth: FOOD PROCESSING
To support food and drink
businesses, that process agricultural
or horticultural products, to grow and
create new jobs.
Grant funding can help pay for:
- Constructing/improving buildings
- Buying new equipment and
machinery
How much money can be applied
for?
• Up to 40% of eligible costs
• Minimum grant of £35,000.
105

106. PROTECT one agency
Growth:RURAL TOURISM INFRASTRUCTURE
To support visitor attraction and
infrastructure projects that will encourage
more tourists to come, stay longer, and
spend more money in rural areas.
Grant funding can help pay
for capital expenditure on tourism
infrastructure.
How much money can be applied for
(HotSW LEP) area?
Minimum £35k, Maximum £170k, at 40% for
commercial projects
Non-commercial projects - up to 80% with limited
income to offset costs, up to 100% with no income:
HotSW - no £maximum - subject to State Aid rules.
106

107. PROTECT one agency
CP: Improving Forestry Productivity
Grant funding can help pay for equipment or
construction costs.
– Who can apply?
 Private forest holders managing at
least 10ha of forest
 Small or medium sized forestry
contractors
– What are the grants for?
 Improving forestry productivity
through felling and extraction
 Adding value to felled timber by
primary processing
– How much money can you apply for?
 Grants can cover up to 40% of
eligible costs
 Minimum £35k, maximum £1m
107

108. PROTECT one agency
CP: Adding Value to Agri-food
Grant funding can help pay for equipment
or construction costs associated with all
aspects of processing
– Who can apply?
 Processors of primary Agricultural or
Horticultural products.
 Includes businesses or farmers.
Projects can be rural or urban.
– What are the grants for?
 Improving processing of primary
agricultural products.
 Shortening supply chains and
delivering benefits to primary
producers.
– How much money can you apply for?
 Up to 40% of eligible costs
 Minimum £35,000 (max variable)
108

109. PROTECT one agency
CP: Improving Farm Productivity
Grant funding can help pay for buying
and installing machinery and equipment.
– Who can apply?
Farmers (Livestock, Dairy, Arable/Horticultural)
– What are the grants for?
Improving farm productivity through:
 Use of robotic equipment
 Increasing use of renewable energy
 Use of controlled lighting
 More efficient use of slurries/ digestate
– How much money can you apply for?
 Grants up to 40% of eligible costs
 Minimum £35k, maximum £1m
109

110. PROTECT one agency
CP: Small Grants scheme
Supporting capital investment for specific
pieces of agricultural equipment.
– Who can apply?
 Farmers (Livestock/Dairy/Arable etc)
 Not agricultural contractors
– What are the grants for?
Equipment to improve:
 Animal welfare
 Resource efficiency
 Nutrient management
– How much can you apply for?
 Up to 40% of eligible costs
 Minimum £3k, maximum £12k
110
Types of equipment available:
Cattle/Sheep/Pig specific, General livestock, Precision farming, Resource management.
Note: Unlike other grant schemes these applications are through an Online portal

111. PROTECT one agency
Application process
111
Expression of Interest
Appraisal & Decision
(30 working days)
FULL APPLICATION
GRANT FUNDING AGREEMENT
Appraisal & Decision (60 working days)
ONLINE PORTAL
Farm & Forest
Productivity
Appraisal & Decision
Business Development
Food Processing
Rural Tourism
Adding Value to Agri-food
CP Small Grants

112. PROTECT one agency
Further Information & Support
All Information, Guidance, Handbooks, and Application forms available at
GOV.UK/RDPE Growth Programme/
- Business Development
- Food Processing
- Rural Tourism
GOV.UK/RDPE Countryside Productivity/
- Improving Farm productivity
- Improving Forestry productivity
- Adding value to Agri-food
- Small grants
Handbooks include:
Who can apply, Priorities, Deadlines, Eligibility.
Further advice/support:
Rural Payments Helpline 03000 200 301 Email GPEnquiries@rpa.gsi.gov.uk
112

113. Dan Pritchard

114. FT2G Partners
Supporters www.ft2g.co.uk

115. www.ft2g.co.uk
Business Strategy
Banking for
Growth Financial
Strategy
Marketing and PR
Digital strategy
Talent Strategy
HR
Legal
Design

116. www.ft2g.co.uk

117. Interested in free business support?
Speak to us (Dan and Susanna)
www.ft2g.co.uk

118. 118
Sharon Austen, Partner
Finance in the South
West 2018

119. Overview
• UK Government and LEP focus on
Innovation and Productivity
• EU grant funding ending soon…
“Use it or lose it”
• Future will see less grants more
debt (“recyclable funds”)?
• Alternative funding options available

120. www.website.com

121. Programme for the rest of the morning
Break (25 mins) – Best Mate suite
Session 2 start time – 10.45am
• Iddesleigh Gallery – upstairs
(< 2 years trading)
• Denman Suite
(Established businesses)