Financial Assistance Financial Assistance FundingFunding

Cath McCabe – Cath McCabe – Project CoordinatorProject Coordinator

2929thth & 30 & 30thth July 2013 July 2013

AgendaAgenda• Overview of Funding• The website www.beinspiredatstaffs.co.uk• Completion of an Application Form• Eligibility of Expenditure• Questions

Overview of Funding Overview of Funding • 3 year(2012 – 2015) Collaborative Project involving

5 West Midlands Universities• Funding from European Regional Development

Fund (ERDF) & Higher Education Innovation Fund (HEIF)

• University of Wolverhampton – Lead Partner

Overview of Funding Overview of Funding • 75% claimable anytime between 29th July 2013 –

20th May 2014• Final 25% on deadline 21st May 2014• Payment via BACS between 7-10 working days• Lead Persons PERSONAL bank account only

Overview of Funding Overview of Funding • Check purchase is eligible – Contact team• If over £100 – 2 other quotes (show value for

money)• Essential - Invoice/Receipt & Bank Statement• Use debit/credit card – not CASH or CHEQUE

The WebsiteThe Website• www.beinspiredatstaffs.co.uk• Application form from Downloads/Resources• Example Application & Funding Guidelines• Contact details• FAQ’s

Completing an Completing an Application FormApplication Form

• Complete in full – SIGN IT!• Details of your Business• Justification & Costing Table - Numbered

Completing an Completing an Application FormApplication Form

• Provide single sided photocopy of each Receipt/Invoice & Bank Statement – Numbered as per Costing & Justification

• Provide quote if over £100 • No staples• Bring originals too

EligibilityEligibility• IT Equipment - Yes• Insurance – For period of project• Staff Wages - No• Travel Expenses – To Events Only• Bank Charges – No

EligibilityEligibility• Stock – if value is added• Rent – For Business Premises• Cars/Vans HP - No• Mobile Phone Bills – Minimal

Any Questions?Any Questions?• For any Questions or Queries regarding Funding or

Application contact:Cath McCabe01785 353495cath.mccabe@staffs.ac.uk

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