Finance and funding
Getting the right type of finance for your business is essential. There are many different types available including loans, grants and investment; each of them designed to meet different needs.
If you want to know how Brexit might affect your business the Government have developed a tool to check what actions you need to take.
Forest of Dean District Council business start-up grant
Any locally based business or constituted social enterprise organisation can apply individually or in partnership for a maximum of £1,000 per application. Grant funding can be used towards a variety of business and social enterprise start-up activity including:
- research and development
- installing clean technologies
- equipment and product or service launch
To apply complete the form and email it back to us with the supporting information to Regeneration@fdean.gov.uk. More details on eligibility criteria are available in the form. For any questions email or call us on 01594 812645.
The closing dates are for applications rounds are:
- 26 February 2021
- 23 April 2021
- 25 June 2021
- 20 August 2021
- 22 October 2021
- 7 December 2021
- 11 February 2022
- 31 March 2022
Grants to help businesses
You can search for funding opportunities by signing up to the Gloucestershire Funding opportunities bulletin. Or you can use the Funding Central database to search for grants and funding opportunities.
Apprenticeship grant for employers of 16 to 24 year olds
The National Apprenticeship Service provides £1,500 grants to small and medium sized employers to take on new apprentices between 16 to 24 years old. The £1,500 is in addition to the training costs of the Apprenticeship framework which are met in full for young people aged 16 to 18 and 50 per cent for those aged 19 to 24.
Boost your business with Faster broadband
Grants are available exclusively for Gloucestershire businesses that have yet to access super fast broadband and are not currently in a plan to deliver this. Grants of up to £25K of EU funding are available to access faster broadband. To find out if your business may be eligible visit the Fastershire website.
Carbon Trust Green Business Fund
Energy efficiency support, energy assessments and funding for small and medium-sized businesses in England, Scotland and Wales. For information visit The Carbon Trust Green Business Fund.
UK Research and Innovation
The UK Research and Innovation website has funding and support across all academic disciplines and industrial areas. You can use their website to search for funding opportunities.
Loans for businesses
FOLK2FOLK is a national award-winning peer to peer lending platform who specialises in match-making local, rural and entrepreneurial business looking for a secured business loan. It matches them with individual investors looking to earn an attractive monthly interest rate to supplement their income.
Funding Circle is an online peer-to-business lending platform connecting businesses and investors. Businesses get fast business loans and investors earn returns on their investments. Funding Circle has funded over £330m in business loans so far and has created an estimated 16,500 jobs across the country.
Start-up loan scheme
The Start-up Loan Scheme is a government funded initiative that provides a business loan together with a mentor for people starting up a new business.
SWIG Finance is a not-for-profit organisation delivering loan finance across the South West to small and medium sized enterprises. For starting a business, struggling to raise finance or growing a social venture.
For further information and finance schemes visit the Business Finance for You website.