BUSINESS GRANTS

On the face of it, grants are free money, but the provider will usually attach conditions to the grant offer. Each local authority has a unique offer, and here are some of their grants. Check your local authority site for the most current situation and the localised support they will offer. We can help with this search as we keep a database of National and Local Schemes.

Business start up grants available from Swansea Council

This is a flexible grant delivered through a partnership with UK Steel Enterprise Ltd and the City and County of Swansea.

You can apply if you are a new business; either just starting or a business that has started within two years. Businesses must be based within the City and County of Swansea area.

This is a discretionary grant and can provide up to 50% of eligible project costs to a maximum of £1,000, the minimum grant would be £250.

The grants will be administered on a first come first served basis. If the business is VAT registered, VAT will be an ineligible cost. VAT will be an eligible cost in non-VAT registered companies.

Any businesses interested in submitting an application for a business support grant from Swansea Council will need to contact Lee Wyndham on lee.wyndham@swansea.gov.uk.
 

Business funding available from Bridgend County Borough Council

The Bridgend kick-start grant is available to new businesses or businesses in their first 12 months of trading. The grant is between £250 - £1,000 and is match funded at a rate of 50% of the project cost. Only capital items are eligible and all sectors are considered. 

The Special Regeneration Fund (SRF) is a flexible grant scheme providing small and medium sized businesses with a 'customer-led' approach to funding opportunities. Projects considered could include investment in capital equipment, specialist software, website design, marketing and refurbishment of business premises. The funding offers up to 40% of grant support for approved project costs up to a maximum of £5,000. The minimum grant amount will be £1,000. 

For more information about business grants and business funding from Bridgend County Borough Council contact the Economic Development Unit at Bridgend Council on 01656 815315 or email business@bridgend.gov.uk.
 

Grants from Newport City Council 

Start Up Business Grant

Grants of up to £1,500 are available from Newport City Council and UK Steel Enterprise to pre start ups and businesses up to 12 months old.

The grant is available to pre-start up businesses and SMEs (under 250 employees). Companies, partnerships, sole traders and social enterprises are all eligible.

General Business Development

Grants of up to £1,500 per eligible element are available from Newport City Council for pre start ups and existing businesses operating from commercial premises.

Vacant Commercial Floor Space Grant

A grant intended to help businesses with the cost of the first year’s rental of premises or additional commercial space in Newport City Centre and its district shopping centres.

Contact Newport City's Council's Business Services Team to discuss any of the grants on business.services@newport.gov.uk or call 01633 656656.

Business support grants available from Caerphilly Council

The Caerphilly Business Start-up Grant is a discretionary grant and can provide up to 50% of eligible project costs to a maximum of £500.

This is a flexible grant scheme delivered through a partnership with UK Steel Enterprise and Caerphilly County Borough Council. It is designed to help residents of Caerphilly County Borough set up a full-time business for the first time, who are not able to access any other sources of funding.

The Caerphilly Business Start-Up Grant provides financial support to help eligible new businesses develop and grow. Business start-ups in all business sectors may be considered. The applicant must be setting up the business in the Caerphilly County Borough.

Any businesses interested in submitting an application for a business support grant from Caerphilly Council will need contact The Business Enterprise Support Team.

For more information visit www.caerphilly.gov.uk/Business/Business-grants-and-funding/Caerphilly-business-start-up-grant or call 01443 866220.

Business funding available from Rhondda Cynon Taf

Enterprise Support Programme - This flexible grant programme provides financial assistance to new or existing private and social enterprises that are based in Rhondda Cynon Taf, or are planning to locate to the County Borough.

Business grants are available for full-time, existing and start-up enterprises. We can assist with the purchase of capital equipment (including ICT), improvement of commercial premises, development of a website and one off marketing costs. Social enterprises can also benefit from support for organisational and project development.

Start-up businesses (trading under 12 months)

Grants are available from £500 up to £10,000 based on 40% of the eligible project costs.

Existing businesses*

Grants are available from £1,000 up to £10,000 based on 40% of the eligible project costs.

Home based businesses

Maximum grant available is £1,500.

* A minimum of one full time equivalent job must be created by private sector businesses requesting grants up to £5000 this raises to two full time equivalent jobs for grants up to £10,000.


For more information about business funding from Rhondda Cynon Taf CBC contact the Enterprise Support Team on 01443 495169 or email Regeneration@rctcbc.gov.uk.

Early stage business grants available from Blaenau Gwent Council

Kick Start Plus is a joint initiative funded by UK Steel Enterprise and administered by Blaenau Gwent County Borough Council. The grant is aimed at supporting new businesses from 6 months up to 3 years old, to develop and expand. Kickstart plus will fund 50% of costs up to £1,000 in grant funding for new businesses in the area.

Visit their site for more information www.blaenau-gwent.gov.uk/en/business/business-support-growth/business-finance/business-finance-initiatives/

 

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