Haringey Business Guide

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“We are interested in
businesses that want
to growand create high
quality employment ...“
PG:12
Who should apply?
The fund is open to both existing
businesses and start-ups. We are
interested in businesses that want
to grow and create high quality
employment with good opportunities
for career progression.
We want the Opportunity Investment
Fund to give businesses the chance to
showcase their products and services
at the next level, helping businesses to
achieve their full potential.
What are the loan size and terms?
Loans are negotiable but typically
£100k with competitive interest rates
repayable over several years. Additional
funding from other sources is desirable
but not essential.
A full package of support
Alongside OIF funding we have created
a full package of business support.
Businesses that occupy new offices and
workspaces can apply for 30% discount
on their business rates, lasting three
consecutive years. This could mean a
saving of up to £5,000 per year.
There are also strong traders groups
that operate throughout the borough
including the Tottenham Traders
Partnership and Haringey Business
Alliance where members can share
experiences with other traders and
promote their businesses. Business
support advisers are also on hand to
assist with your application and other
business needs.
To date, £835k has been loaned out
which will create 51 new jobs and
deliver 33,000 ft2 of commercial space
with over £2m still available to lend. The
fund has supported an exciting, diverse
range of growing businesses – could
you be next?
To find out more visit
The Opportunity Investment Fund (OIF)
is a £3.67m business loan fund jointly
provided by Haringey Council and the
Mayor of London. The OIF helps
businesses to create or improve
work space, purchase machinery or
production equipment, generate new
jobs and invest in training for existing
staff in Tottenham.
Loans are available for capital works
including building refurbishment,
equipment but not for revenue
purposes such as salaries or to pay
off other loans.
Low-interest loans and support to
help your business succeed