What is the UK Shared Prosperity Fund? The UK Shared Prosperity Fund is a £2.6 billion funding pot issued by the UK Government covering a funding period between April 2022 and March 2025. The main goal for this domestic fund is for it to help carry out Levelling Up activities across the UK. The funding … Read more
When writing a grant application, it is important to know exactly what funding providers are looking for in an application. Follow this guide to ensure you take all the right steps for filling out a grant application form or creating a proposal and the common mistakes to avoid. Getting your application right and submitting it … Read more
Businesses need diverse funding streams to thrive and this means that grants that can be applied for provide a range of funding purposes. Typically, some reasons for applying for funding might include launching innovative products, expanding a team or research and development activities. Grants offer an attractive option, providing non-repayable cash for specific purposes. An … Read more
The recent news in the Autumn Budget Statement regarding the full expensing of capital allowances on plant and machinery was easy to miss if you weren’t paying close attention. It is a welcome piece of news and provides certainty for businesses looking to invest long term. In a move intended to boost investment and growth, … Read more
What is it? The UK Community Renewal Fund is a £220m investment pilot scheme that will be distributed in the 2021-2022 financial year across local areas in the UK to revitalise business activity and community programmes. The end goal will be to create opportunities to trial new approaches and innovative ideas at a local level. … Read more
What are they? Overseas market development grants can help fund businesses who want to start exporting to or trading in overseas markets, including market research activities, website localisation and funding to fulfil export orders. Or, for businesses that are ready to export, a capital injection can help businesses win larger export deals and carry out … Read more
What are they? Property development grants can help businesses who want to carry out residential or commercial property development or renovation activities. There are also major government backed low interest rate loans available in this sector, such as the Home Building Fund. A property development funding injection can help businesses carry out their property development … Read more
What are they? Working capital grants can help fund businesses who want to make sure that their operational cash flow is strong so that they may pursue new business opportunities, cover one off costs, pay for business expenses, fulfil an unusually large order or contract or gain access to finance to keep things going to … Read more
What are they? Energy efficiency grants can help fund businesses who want to purchase energy saving equipment or install efficiency measures within their commercial premises to reduce their overall impact on the environment and reduce running costs. A capital injection can help businesses carry out larger energy efficiency projects or access these resources faster than … Read more
Recruit and develop staff grants can help fund businesses who need help with creating new jobs, taking on apprentices, business coaching and training and skills development. A capital injection can help businesses carry out recruitment activities sooner or carry out larger staff training and development activities than they would have relying on existing financial resources. … Read more
