No matter at what stage your business is, you might need some financial help.
A grant is financial assistance that is usually awarded by public bodies such as local councils or specific grant-awarding bodies.
Grants are given to allow a business to undertake a specific project such as the initial start-up of a business, developing a new product or buying capital equipment and cannot be used for working capital or to support the organic growth of a business.
Unlike a loan, a grant usually does not have to be repaid. However, most of the time a business will have to meet some of the costs (usually at least 50%) and sometimes a business have to spend the money first then reclaim the grant contribution.
Grant application forms can be lengthy and may take a lot of time and effort to complete. Our business advisors are happy to help you with your application and make sure you receive it.
Contact us for support today
We can’t guarantee they’ll be grant funding for your business, but we can support you and your business through one-to-one mentoring, low-interest loans, and business workshops. Get in touch with us today.