Caerphilly business start-up grant
This is a flexible grant scheme delivered through a partnership with UK Steel Enterprise and Caerphilly County Borough Council. It is designed to help residents of Caerphilly County Borough set up a full-time business for the first time, who are not able to access any other sources of funding. The Caerphilly Business Start-Up Grant provides financial support to help eligible new businesses develop and grow.
Who is entitled to apply?
Business start-ups in all business sectors may be considered. The applicant must be setting up the business in the Caerphilly County Borough.
Eligible costs could include:
- Capital equipment
- ICT equipment
- Development of websites
- Building works to business premises
The business must not have started prior to application and approval.
How to apply
The applicant must provide a business plan with a minimum of one-year cash flow forecast and projected profit and loss. Two comparable quotes are also required for each capital item required. The business must provide full time employment forthe applicant (min. 30 hours).
At least one of the owners or directors must be employed full time in the business.
Contact Business Enterprise Renewal Team for further information.
What level of grant is available?
The Caerphilly Business Start-up Grant is a discretionary grant and can provide up to 50% of eligible project costs to a maximum of £500.
How often are applications considered?
Applications are continuously assessed by the Business Enterprise Renewal Team.
This project is funded by UK Steel Enterprise.
This project is funded by UK Steel Enterprise. UK Steel Enterprise Ltd (UKSE) is the wholly owned subsidiary of Tata Steel tasked with the responsibility of helping the economic regeneration of communities affected by changes in the steel industry. UKSE work in steel areas across the UK assisting job and wealth creation by supporting small and medium enterprises with finance and premises.
Award of the grant is entirely at the discretion of Caerphilly County Borough Council.