Launch or Expand Your Business with New Grant Opportunities

Getting your Trinity Audio player ready...

This week’s blog provides details about the latest grant and funding schemes available for business activities in the UK. These schemes cover innovation, buildings and renovation, training and skills and energy efficiency. Both new and established businesses can take advantage of the right type of funding to apply for to provide a financial boost to help achieve their goals.

1) Business Innovation

There are 907 business innovation schemes available
Business innovation funding covers research and development project activities across various science, industry and creative sectors. Here’s some examples of what’s new this week.

i) Test Farms by European Institute of Innovation and Technology (EIT):This European-wide pilot initiative offers funding for innovative solutions in sustainability, precision agriculture, digital traceability and CO2 monitoring to be used in collaboration with farming activity. Maximum funding is £4,000.

ii) Resource-Efficient or Bio-Based Materials and Manufacturing by Innovate UK: This scheme provides funding for businesses that are developing environmentally friendly materials and manufacturing processes for advanced low carbon manufacturing. Maximum funding is £70,000.

2) Buildings and Renovation 

There are 760 buildings and renovation schemes available
Buildings and renovation funding covers commercial and domestic building expansion projects, building refurbishment, new builds and shop front improvements. Here’s some examples of what’s new this week.

i) Vacant Commercial Property Grant Scheme by Bristol City Council: This scheme helps businesses renovate and occupy vacant commercial buildings in Bristol to help revitalise local high streets. Maximum funding is £10,000.

ii) Business Recovery Grant – Storm Henk by Shropshire Council: Shropshire Council offers grants to assist businesses in recovering from storm damage to their premises that occurred during Storm Henk in January of 2024. Maximum funding is £2,500.

3) Recruit and Develop Staff

There are 714 recruit and develop staff schemes available
Recruit and develop staff funding covers safeguarding existing jobs, creating new jobs and setting up training and skill development activities. Here’s some examples of what’s new this week.

i) The Creative Skills Fund by Creative Wales: Creative Wales from the Welsh Government provides funding for training and development programmes in the creative industries, such as leadership training, talent support, upskilling and workforce wellbeing. Maximum funding is £125,000.

4) Energy Efficiency 

There are 435 energy efficiency schemes available
Energy efficiency funding covers the cost of equipment and measures to help businesses reduce their overall energy usage and carbon footprint, including electric vehicles, efficient lighting, insulation, renewable energy, boiler equipment and water saving measures. Here’s some examples of what’s new this week.

i) Net Zero Grant Programme by City of Wolverhampton Council: This programme offers grants to local businesses adopting energy-efficient technologies, including a push towards net zero and innovative carbon efficient solutions. Maximum funding is £100,000.

ii) Somerset Green Business Grants by Somerset Council: This scheme supports businesses in Somerset to invest in energy-saving equipment and processes, help decarbonise business processes, increase efficiency and reduce energy costs. Maximum funding is £25,000.

iii) NNDecarb Business Grant Scheme by North Northamptonshire Council: This scheme encourages low-carbon technologies by providing grants to businesses in North Northamptonshire to help move to a low carbon economy and reduce greenhouse gas emissions. Maximum funding is £5,000.

Want the Full Set of New Grants?

If you want the full set of UK grants added this week, please visit https://getbusinessgrants.com/