Business and Economy aim to nurture start-up businesses, increase the productivity of our local businesses, and support Somerset businesses to grow and thrive.  

Growth Hub

The Heart of the South West Growth Hub is the first point of contact for any Somerset business looking for business support to start up, develop or grow. The service is designed to help both new and established local businesses, of any size and from any sector identify and access the best business support schemes, training, workshops, professional advice, funding and grants available, whether that is local or national. The website is also a useful self-help tool with a regularly updated knowledge hub and details of upcoming local events.

For free, impartial advice you can contact a Growth Hub advisor on, 03456 047 047 or visit the  Hearts of the South West Growth Hub website.

Current Business Support Programmes

The Business and Economy team create and deliver a wide range of programmes that support businesses in Somerset to be resilient and grow.

UK Shared Prosperity Fund

The UK Shared Prosperity Fund (UKSPF) replaces European Structural and Investment Funds. UK Shared Prosperity Fund is one of the key funds to support the government’s Levelling Up agenda. There are 3 main investment strands for the fund:

  1. Communities and Place
  2. Supporting local business
  3. People and Skills.

Last reviewed: February 22, 2024 by Qi

Next review due: August 22, 2024

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