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Small businesses often need additional sources of financial help if they are to grow and develop. Financial assistance and advice to small businesses is available nationwide, especially in areas of high unemployment and economic deprivation.
Copernicus will help you to identify the grant and funding opportunities open to you and guide you through the application process to get as much financial assistance as possible.
Funds may come from the Government (at EU, national and local level) and from a number of organisations such as Local Enterprise Agencies. Many major private companies collaborate with such organisations to provide finance in the form of grants and loans. Banks are more likely to help small businesses that are receiving support and advice from these agencies.
Banks are increasingly responsive to the needs of small businesses, but there are many occasions when the risk of lending is considered too high. This is usually because the business is being started by someone with little previous business experience and not much of their own capital to invest, and there is insufficient security.
A good business plan and the support of Copernicus greatly improves the confidence the bank will have in you
Copernicus – guiding you to financial success