There are a number of programmes that can assist you in accessing finance to help you start your business:

National Schemes

Childcare Business Grant Scheme: Government grant of up to £1000 for new childcare businesses trading for less than 12 months.  Applications close on 31 March 2019.

New Enterprise Allowance: Finance and start-up support for those on certain benefits and looking to start a new business.  The scheme provides mentoring and advice and you can apply for an allowance worth up to £1274 over 26 weeks. In addition to you apply for a start up loan if you business is less than 2 years old.

Start-up Loans: Government start-up loans programme up top £25,000 including mentoring. Average loan award just under £6,000

 

Charities providing financial support

The Prince’s Trust: Enterprise Programme available to those between 18 and 30 who are either unemployed or working less than 16 hours a week

Sir Thomas White Charity: Start-up business loans for those between 18 and 35, trading for less than 3 years, interest free up to a value of £20,000

Harry James Riddlestone: Loans up to £10,000 interest free for those between 21 and 35 years old

 

Community Group Start Up Business Support

The Community Economic Development (CED) programme

If you belong to a community that wants to work towards seeing real economic change in your area – whether this is in food, housing, finance, energy or any other local economic opportunities – then the CED programme will set you on the right path.

The programme provides specialist support, advice and grant funding.

download     An Introductory Guide is available to download Community Economic Development – An Introductory Guide

 

Awards for All England

This Big Lottery Fund provides a grant scheme funding small, local community-based projects in the UK.

The scheme funds projects which address the issues, needs and aspirations of local communities and people. It will fund a wide range of community projects aimed at developing skills, improving health, revitalising the local environment and enabling people to become more active citizens.

The scheme offers grants of between £300 and £10,000.

 

Power to Change

An independent charitable trust set up to grow community business across England over the next 10 years.

They support people to take action to address local challenges, enabling them to control vital assets and services that might otherwise disappear, or start new businesses themselves in response to local needs.

They offer a whole range of business support to help a community start, grow and lead a business and a range of funding including grants and share options.

You can apply to the Community Business Fund for grants of £50,000 to £300,000

 

 

You can also contact local BUSINESS SUPPORT ORGANISATIONS who are also able to provide advice and information on available funding