The fund follows-on from previous grants and support programmes delivered by the Oxfordshire Growth Hub. This new scheme – which is being delivered and led by the OxLEP Business team on behalf of Cherwell District Council – will play a key role in ensuring that Cherwell-based businesses are able to run as efficiently as possible and remain productive, particularly in-light of the pandemic.
Through funding, eligible businesses will be expected to deliver outcomes that will accelerate investment across a number of key business areas.

This includes; strengthening overall business performance, providing supply chain resilience, supporting a transition to net-zero, driving technology and innovation adoption, as well as backing an increase in a business’ sales operation and market share.

The Cherwell Business Adaptation Fund aims to support eligible businesses through grants, ranging between £5,000 and £20,000 per business for capital and/or revenue-based projects.

Earlier this month, OxLEP Business held a fund launch webinar which included details on how to apply to the fund.