Business Support

Start Up Support

The Council are currently delivering a programme of Start Up Workshops called Go For It to support people looking to set up their own businesses.  If you have any questions, please contact Marie Sarveswaran at msarveswaran@burnley.gov.uk for more information.

Financial Support

The Recovery Loan Scheme 

The Recovery Loan Scheme supports access to finance for UK businesses as they grow and recover from the disruption of the COVID-19 pandemic. The Recovery Loan Scheme is to help businesses of any size access loans and other kinds of finance so they can recover after the pandemic and transition period. 

Up to £10 million is available per business. The actual amount offered and the terms are at the discretion of participating lenders. 

The government guarantees 80% of the finance to the lender. As the borrower, you are always 100% liable for the debt. 

Loans are available through a network of accredited lenders, listed on the British Business Bank’s website.

Local financial support: Rosebud Fund 

The Rosebud Fund is designed specifically for Lancashire businesses, offering loans from £10,000 – £300,000 with complimentary business support for growing businesses. Funded by Lancashire County Developments Ltd, the fund aims to support businesses across the region to grow, create jobs and reach their full potential.

Eligible business must be based or relocating within the twelve administrative areas of Lancashire County Council: Burnley; Chorley; Fylde; Hyndburn; Lancaster; Pendle; Preston; Ribble Valley; Rossendale; South Ribble; West Lancashire or Wyre.

For more information and to apply visit rosebudfinance.co.uk

Growth Hubs 

Boost is Lancashire’s Business Growth Hub. Working with business owners and decision makers to help them improve, develop and grow their business. Providing a range of funded business support programmes in addition to a dedicated service that helps you navigate the local, regional and national business support landscape to find the right support for your business. 

Lancashire Skills and Employment Hub 

Supporting the Lancashire Skills and Employment Advisory Panel with responsibility for skills and employment priorities in Lancashire, and are part of the Lancashire Enterprise Partnership (LEP). 

Focussing on creating the right conditions for a balanced, skilled and inclusive labour market to underpin economic well-being, productivity and growth across the LEP area. Working with a wide range of partners to deliver our priorities which fit into the following four strategic themes, Future Workforce, Inclusive Workforce, Skilled and Productive Workforce and an Informed Approach. 

Contact Lancashire Skills Hub for more information.