Kickstart fund might help boost start-up businesses in Rotherham Magazine

UK Steel Enterprise has launched the latest fund that will help boost lots of start-up businesses in Rotherham on the next twelve months.

The Kickstart Fund initiative, launched together with Rotherham Council and based on its Investment and Development Office (RiDO) and Youth Enterprise arm (RYE), continues to be introduced within a bid to aid people planning to establish a business or become self-employed by helping with initial costs – designed for those with limited funds.

Grants, worth nearly 1,000, alongside guidance and advice supplied by advisers from RiDO and Rotherham Youth Enterprise, are going to be distributed around the budding entrepreneurs.

A spokesperson for UK Steel Enterprise – negligence Tata Steel which invests in companies and communities in steel regions in order to grow and produce jobs C has said make fish an initial 40,000 will be set aside for the grants.

Jessica Long, the founder of a Rotherham based dance academy JL Dance, received support from UK Steel Enterprise and Rotherham Youth Enterprise when she launched her start-up business. She used the funds to pay for knowledge raising campaign C which included advertising from our paper in addition, on Facebook, and also printing and distributing flyers from our area.

The fund provides both financial and business advice support which can be accessed via the RiDO and Rotherham Youth Enterprise, plus the UK Steel Enterprise team.

The company also has committed additional support to support existing companies in your community to progress, and may provide investment finance of up to 1m to facilitate expansion and formulate opportunities; and also loans on favourable relations to nearly 100,000.

Keith Williams, regional manager for UK Steel Enterprise, said: “Small corporations are the life span blood with the economy, but starting a profitable business are a wide challenge. This funding, as well as the support and advice provided alongside it, may help those budding entrepreneurs who want an added boost to get the ball rolling.

“In time we hope that many of these companies will develop and expand C eventually generating further professions over the region.

“We are sold on supporting any local world of business, and also hear from service repair shop interested in finance for you to facilitate growth – whether in need of funds 500, 50,000 or 500,000.”

The Kickstart Fund is available to anybody starting a profitable business in Rotherham, including those afflicted with restructuring at Tata Steel.

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