Tag Archive for Business Grants

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

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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

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

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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

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Where to find green small business grants

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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

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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

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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

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

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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

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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

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

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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

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Hot Business News Today

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

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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

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Hot Business News Today

MarketFinance offers small business grants of £5,000 each

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Originally written by Timothy Adler on Small Business
MarketFinance, the fintech business lender, is offering grants of £5,000 to support small businesses.
Businesses have until December 31 to apply for grants through the MarketFinance Business Booster Fund.
Three businesses will be selected and announced on January 6.
Timings of subsequent rounds will be confirmed in 2021.
>See also: Treasury to discuss COVID-19 grant for company directors
Any business in any sector can apply, so long as it has been trading for at least two years and is showing positive growth. It is not necessary to be an existing customer of MarketFinance to be eligible for the grant.
MarketFinance, which has offices in London and Manchester, is especially keen to support entrepreneurs who value diversity, inclusion and giving back.
Since 2011, MarketFinance has advanced over £3bn to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth.
MarketFinance is backed by Barclays, Santander InnoVentures, European venture capital fund Northzone (whose investments include Klarna, iZettle and Trustpilot) and private equity group MCI Capital (also invested in iZettle, Azimo and Gett).
>See also: Liverpool launches £9.5m grant fund for ‘excluded’ self-employed
Anil Stocker, CEO of

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