Tag Archive for Business Grants

Hot Business News Today

£3,000 Youth Jobs Grant for businesses hiring young people

by  •  • 0 Comments

By Anna Jordan on Small Business UK – Advice and Ideas for UK Small Businesses and SMEs

The government announced A Youth Jobs Grant that will pay businesses to hire young people aged 18-24 who are on benefits and have been out of work for six months or more.

Businesses will get £3,000 for each employee. The government is attempting to tackle rising numbers of NEET (not in employment, education or training) young people, with figures reaching 957,000 in October-December 2025.

It’s hoped that the scheme will help 60,000 young people to get into work over the next three years.

How do I qualify for the Youth Jobs Grant?

The government is still to lay out how it will do this in future.

What other measures are coming in?

There were a couple of other announcements you should know about. Work and Pensions Secretary, Pat McFadden, also said:

A similar scheme, the Jobs Guarantee, is going to become broader. From Autumn 2026, the upper age limit will extend from 21 to 24, with the aim of adding 35,000 extra subsidised jobs. This means that SMEs will get paid for hiring a benefit claimant who’s been looking for work for 18 months, as long as they’re 18-24.

Government-supported

Read more...

Hot Business News Today

How to win a £25,000 Business Boost grant for your small firm

by  •  • 0 Comments

Originally written by Anna Jordan on Small Business
Simply Business has launched a £25,000 Business Boost grant for 2021.
It’s designed to help entrepreneurs launch a new business or help existing SMEs bounce back from challenges posed by Covid-19.
According to its own research, Simply Business found that:

The average UK start-up spends more than £22,756 in their first year
SMEs have lost £15,673 each so far in lost work and earnings due to the pandemic
In total, SME owners expect to lose £22,461 each on average, suggesting there are still losses to come, even despite the reopenings from the government
Over 840,000 SMEs are not sure their business will ever return to pre-pandemic trading levels
Over 2.2m SMEs (37 per cent) still haven’t been able to access government schemes and grants

How do I enter?
To enter, you’ll need to fill out a form on the competition website detailing why you think you deserve the grant. Judges will be focusing on:

Your story
A big dream
Positive social impact
Innovation

You must not have a turnover of over £500,000 or have received over £50,000 in private grant funding in the past two years – this doesn’t include government grants.
In the event that you are the winner, you must accept and agree to at least

Read more...

Hot Business News Today

Just 25% of cash earmarked for £20m Brexit Support Fund applied for

by  •  • 0 Comments

Originally written by Timothy Adler on Small Business
Less than 25 per cent of the £20m Brexit Support Fund promised to help small business get through Brexit transition has been applied for.
Actual applications for the Brexit Support Fund have fallen far short of initial interest and the scheme due to end in weeks before July.
HM Revenue & Customs has only received fewer than 3,000 applications for the £2,000 grants since March, totaling £4.3m. HMRC had been expecting around 10,000 applications.
>See also: Small business to spend £23bn this year alone keeping Covid safe
According to the Times, businesses are being asked to jump through too many red tape hoops when applying for the Brexit grant.
Michael Gove, the Cabinet Office minister, launched the Brexit Support Fund in March, accepting that businesses needed support to “adjust” to the new import controls, which will be fully introduced on July 1.
The Institute of Export and International Trade, which is providing training under the scheme, said that demand from businesses for support with overseas trading remained strong.
A spokesman put the lower than expected take-up of the scheme, which is open to applications until the end of this month, to the complexity of the process, which is being administered

Read more...

Hot Business News Today

Where to find green small business grants

by  •  • 0 Comments

Originally written by Anna Jordan on Small Business
Many entrepreneurs are looking to eco small business grants to help them fund environmental projects, adopt green technologies and become more sustainable.
Funding comes under the following categories and are often distributed by local authorities:

Renewable energy business grants
Sustainability grants
Energy efficiency grants
Sustainable innovation
Green jobs

The green business grants below have been divided according to where they are in the UK and contain a link to the application page which will give you more information.
England
Woodland Creation Planning Grant (WCPG)
Receive a maximum of £30,000 per project for creating multi-purpose woodland.
Coventry and Warwickshire Green Business Programme
The purpose of these eco business grants is to invest in equipment that cuts down on carbon emissions within your business. Warwickshire District Council will fund up to 40 per cent, providing eco business grants between £1,000 and £50,000. The grants are for installing energy efficient equipment like LED controls and renewable technologies.
Low Carbon Revenue Grants, Warwickshire
These eco business grants aim to commercialise low carbon products either new to the company or to the general market. Once again, it’s 40 per cent cover but with a maximum £6,000 funding. It covers things like market research, software and manufacturing consultancy as well as intellectual property

Read more...

Hot Business News Today

Where to find green small business grants

by  •  • 0 Comments

Originally written by Anna Jordan on Small Business
Many entrepreneurs are looking to eco small business grants to help them fund environmental projects, adopt green technologies and become more sustainable.
Funding comes under the following categories and are often distributed by local authorities:

Renewable energy business grants
Sustainability grants
Energy efficiency grants
Sustainable innovation
Green jobs

The green business grants below have been divided according to where they are in the UK and contain a link to the application page which will give you more information.
England
Woodland Creation Planning Grant (WCPG)
Receive a maximum of £30,000 per project for creating multi-purpose woodland.
Coventry and Warwickshire Green Business Programme
The purpose of these eco business grants is to invest in equipment that cuts down on carbon emissions within your business. Warwickshire District Council will fund up to 40 per cent, providing eco business grants between £1,000 and £50,000. The grants are for installing energy efficient equipment like LED controls and renewable technologies.
Low Carbon Revenue Grants, Warwickshire
These eco business grants aim to commercialise low carbon products either new to the company or to the general market. Once again, it’s 40 per cent cover but with a maximum £6,000 funding. It covers things like market research, software and manufacturing consultancy as well as intellectual property

Read more...

Hot Business News Today

Eco business grants – get funding in England, Scotland, Wales and NI

by  •  • 0 Comments

Originally written by Anna Jordan on Small Business
Many entrepreneurs are looking to eco business grants to help them fund environmental projects, adopt green technologies and become more sustainable.
Funding comes under the following categories and are often distributed by local authorities:

Renewable energy business grants
Sustainability grants
Energy efficiency grants
Sustainable innovation
Green jobs

The grants below have been divided according to where they are in the UK and contain a link to the application page which will give you more information.
England
Woodland Creation Planning Grant (WCPG)
Receive a maximum of £30,000 per project for creating multi-purpose woodland.
Coventry and Warwickshire Green Business Programme
The purpose of these grants is to invest in equipment that cuts down on carbon emissions within your business. Warwickshire District Council will fund up to 40 per cent, providing grants between £1,000 and £50,000. The grants are for installing energy efficient equipment like LED controls and renewable technologies.
Low Carbon Revenue Grants, Warwickshire
These grants aim to commercialise low carbon products either new to the company or to the general market. Once again, it’s 40 per cent cover but with a maximum £6,000 funding. It covers things like market research, software and manufacturing consultancy as well as intellectual property protection and certifications.
Business Energy Efficiency Programme (BEEP), Worcestershire County
Worcestershire

Read more...

Hot Business News Today

Where to claim your £1,000 grant for hosting a T Level student

by  •  • 0 Comments

Originally written by Timothy Adler on Small Business
The government has temporarily upped the cash incentive for small businesses to offer T Level students industry placements to £1,000.
It comes as the Department for Education has become increasingly concerned about convincing small business owners to host T Level students for the 45-day or 315-hour placements.
Small business owners were previously given £750 for each T Level student they took on, up to a maximum of 10 students.
>See also: How to win £20,000 in TV advertising with Sky Media’s SME100 scheme
Small businesses will be able to claim for a new maximum of 20 students on T Level programmes from May May 2021 until July 2022.
The pandemic derailed the first-year rollout of the T Level programme with employers “cancelling or not committing to placements”, according to a National Foundation for Educational Research survey published last July.
Federation of Small Businesses chairman Mike Cherry said: “Small firms will welcome this announcement as another way to hire young and talented individuals who are making their first steps on the jobs ladder.
>See also: Where to get your small business Restart Grant worth up to £18,000
“Many small businesses are looking to expand and grow as the economy unlocks, and it

Read more...

Hot Business News Today

Where to claim your £1,000 grant for hosting a T Level student

by  •  • 0 Comments

Originally written by Timothy Adler on Small Business
The government has temporarily upped the cash incentive for small businesses to offer T Level students industry placements to £1,000.
It comes as the Department for Education has become increasingly concerned about convincing small business owners to host T Level students for the 45-day or 315-hour placements.
Small business owners were previously given £750 for each T Level student they took on, up to a maximum of 10 students.
>See also: How to win £20,000 in TV advertising with Sky Media’s SME100 scheme
Small businesses will be able to claim for a new maximum of 20 students on T Level programmes from May May 2021 until July 2022.
The pandemic derailed the first-year rollout of the T Level programme with employers “cancelling or not committing to placements”, according to a National Foundation for Educational Research survey published last July.
Federation of Small Businesses chairman Mike Cherry said: “Small firms will welcome this announcement as another way to hire young and talented individuals who are making their first steps on the jobs ladder.
>See also: Where to get your small business Restart Grant worth up to £18,000
“Many small businesses are looking to expand and grow as the economy unlocks, and it

Read more...

Hot Business News Today

Some small business owners still haven’t received their Restart Grant

by  •  • 0 Comments

Originally written by Anna Jordan on Small Business
A number of business owners haven’t yet received their Restart Grant, despite being launched at the beginning of April.
The Business Independent Retailers Association (BIRA) said that many of their members in England still haven’t received a Restart Grant owed by their local authority. One member said that their local authority website promised the grant by ‘the end of April 2021’ which has since been changed to ‘the end of May 2021’.
The one-off grants, which were announced in the Budget in March, were made available to help ‘non-essential’ businesses reopen after lockdown ended.
Andrew Goodacre, Bira CEO, said: “We are disappointed to hear from members that there are ongoing delays with the distribution of the Restart Grants.
“In our view these should have been with business owners before the shops opened and now we are in May and still too many independent retailers are waiting.
“All the data is with the local authorities as this is not the first time grants have been sent to businesses and we urge all local authorities to re-double their efforts. Shops may be open, but the owners still need all the support that is owed to them.”
What can I do if I

Read more...

Hot Business News Today

Some small business owners still haven’t received their Restart Grant

by  •  • 0 Comments

Originally written by Anna Jordan on Small Business
A number of business owners haven’t yet received their Restart Grant, despite being launched at the beginning of April.
The Business Independent Retailers Association (BIRA) said that many of their members in England still haven’t received a Restart Grant owed by their local authority. One member said that their local authority website promised the grant by ‘the end of April 2021’ which has since been changed to ‘the end of May 2021’.
The one-off grants, which were announced in the Budget in March, were made available to help ‘non-essential’ businesses reopen after lockdown ended.
Andrew Goodacre, Bira CEO, said: “We are disappointed to hear from members that there are ongoing delays with the distribution of the Restart Grants.
“In our view these should have been with business owners before the shops opened and now we are in May and still too many independent retailers are waiting.
“All the data is with the local authorities as this is not the first time grants have been sent to businesses and we urge all local authorities to re-double their efforts. Shops may be open, but the owners still need all the support that is owed to them.”
What can I do if I

Read more...