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This latest blog update provides an overview of several recent funding initiatives available to UK businesses seeking support for business growth, overseas development, innovation, and carbon reduction activities. These are just some of the examples of the latest UK funding available:
1) Business Growth and Development Grants:
Business growth and development grants offer financial aid to companies seeking to expand, innovate, or overcome challenges. These grants can be used for diverse purposes, such as hiring new employees, upgrading equipment, developing new products, or marketing initiatives.
i) South Tyneside Business Growth Grant Scheme by South Tyneside Council: A local initiative that offers grants up to £50,000 to eligible businesses for capital investment, marketing, and training initiatives aimed at business expansion in the South Tyneside region.
ii) High Street Business Grant by Rushcliffe Borough Council: Grant scheme that provides up to £5,000 to eligible high street businesses in Rushcliffe for improvements to shop fronts, marketing initiatives, or equipment acquisition, contributing to the revitalization of the local high street.
2) Overseas Development Grants:
Overseas development grants for UK businesses are a unique funding opportunity that aligns business growth activities with positive global impact and can fund activities like market research, feasibility studies, establishing partnerships, or implementing sustainable practices.
i) Dundee Market Development Grant by Dundee City Council: This scheme offers grants up to £1,500 to support capital investment, marketing, and training related to trading within the Dundee Market, facilitating the development of overseas business activities.
3) Innovation Funding:
The UK offers a wide range of funding opportunities for businesses seeking to push boundaries and drive growth through innovation. These funds can support crucial activities like research and development (R&D), prototyping, commercialisation, and hiring skilled individuals.
i) MSDUK Innovation Challenge 2024 by MSDUK: A funding provider that awards grants up to £20,000 to support the development of innovative products or services by businesses that are ethnic minority led in the manufacturing, engineering, and technology sectors.
ii) NBIC 5th Proof of Concept Award by The National Biofilms Innovation Centre: A funding award that offers a £50,000 grant to successful biofilm producing bids that bridge the gap between research and commercialisation for promising biotechnological solutions.
4) Carbon Reduction Grants:
The UK government is committed to achieving net zero emissions by 2050, and to help businesses get on board funding is available via various institutions.. UK businesses can reduce their carbon footprint, improve energy efficiency, future-proof their operations, and potentially gain a competitive edge in the green economy.
i) Net Zero Pathfinder by Staffordshire University: A net zero funding initiative that provides up to £1,000 to micro and small businesses in Staffordshire for investments in carbon reduction activities, promoting sustainable business practices.
ii) Small and Micro De-carbonisation Grant Scheme by Newark and Sherwood District Council: This scheme offers grants up to £5,000 to eligible businesses for energy efficiency improvements, renewable energy installations, and sustainable transport solutions, supporting decarbonisation efforts.
Want the Full Set of New Grants?
If you want the full set of UK grants added this week, please visit https://getbusinessgrants.com/
