Caerphilly Business Start-up Grant
Businesswales.gov
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.
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.
Applicants will be required to source the remining 50% of necessary project costs from alternative sources.
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
- Marketing
- Building works to business premises
- Training
The business must not have started prior to application and approval.
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.