What is a Business Grant? – In general, a Business Grant is a Non-Repayable fund given by one party to another.
Often, they are a desirable source of Business Finance and securing a grant could help your business develop and grow and are available for start-ups to established businesses.
At any one time, there are many grants available, but it takes time to research and find them and then to apply. However, if you do have time and are successful in your application, they can be very beneficial, and often save the need for other sources of business finance.
Depending on the project you have in mind, and the grant you apply for the sums of money available can range from a few hundred pounds to many thousands of pounds. You often won’t have to pay these sums back, and there is no interest to pay or equity to give away.
There are many sources of grant funding such as Government, European Union, Local authorities, universities and more. Each will target different projects, have different criteria attached and may require different amounts of match funding.
Such grants can inject much-needed cash to projects that may not otherwise get off the ground or have stalled due to insufficient funding, but in many cases locating these grants can be an issue.
That is where we can help.
Along with the application process, which can be complicated and time-consuming, we can help locate the appropriate grant and take the headache of the application process away. We can also proactively identify new grant opportunities for future projects and advise when funds become available.
You can also download our fact sheet on the different areas grant funding covers at https://growthin.biz/grants