Funding

Grant funding works as follows:

In order to access grant funding, you need to have all of the capital available at the outset so that when it is approved you can purchase the goods and then reclaim the agreed amount back through the grants team.

It is important that you do not start the project or purchase the goods without getting grant approval first as they will not pay the grant back retrospectively.

With all grants you complete an initial eligibility form and if deemed an eligible business they will take you to the next eligibility stage which is asking you to explain the project and how that will grow the business, improve product or services and/or help employ more staff.

If they agree it is an eligible project, they will then send out a grant application for you to complete.  You will need to provide 1, 2 or 3 quotes (depends on the grant) for each bit of equipment or building work.

The grant application is then submitted to the grants panel for approval.

Only when it is approved, and you have signed the acceptance letter can you then proceed with your project.

When purchasing your goods/services the transaction must go through your business bank account only. Cannot be paid using a personal credit or debit card or a business credit card.

Most grant applications can take from 6-8 weeks from inception to approval (but could take longer), so it is important that you contact us in plenty of time to progress any applications.  You may also be eligible for more than 1 grant.