Eligibility Criteria for Lancashire Businesses

In order to be eligible for support from the Resource Efficiency Centre, your businesses must meet a number of essential criteria.

The company must be an SME

It must fall within the definition of a Small to Medium sized Enterprise (SME). That is, it : -

• Must have a turnover of less than €50million (approximately £32 million) or annual balance sheet total not exceeding €43m (i.e. approximately £27m);
• Must not be more than 25% owned by one or more companies not falling within this definition, (except public investment corporations, venture capital companies or - provided no control is exercised - institutional investors)
• Must employ fewer than 250 staff.

  Geography

Eligibility is based on specific wards and post codes, but essentially, the business must be based in an area that is deemed 'Fully Eligible' for support under the European Regional Development Fund, Obective 2. To determine whether you are in such an area, please click here to visit the Objective 2 website.

Sector

The SME must not be one of the following: -

Bank; Insurance Company; Social Welfare provider (hospital, nursing home, day nursery, childminder, etc); Statutory or General Education Provider (excepting vocational or technical training); Local Government Statutory Service Provider (health, education, police, fire); Provider of Sports, Local Leisure and Cultural Facilities (parks, libraries); Synthetic Fibre Manufacturer; Motor Vehicle Manufacturer; Coal Mining Business; Steel Producer; Shipbuilder; Agricultural Concern (farmer, market gardener, seed growers); Food Processor.

If you are unsure whether your company is eligible, please e-mail Dawn Chadwick with the following details.

Company address (inc. post code);
Company sector (business activity);
Turnover; and
Number of staff.

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