What is the Caerphilly Business Start-Up grant?
This is a flexible grant scheme delivered through a partnership with UK Steel Enterprise and Caerphilly County Borough Council. That investment has been supported with a Business Start-up Grant administered jointly by Tata Steel subsidiary 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 Grant provides financial support to help eligible new businesses develop and grow.
Business start-ups from all business sectors may be considered under the grant scheme, provided that the business is being set up in Caerphilly county borough. Eligible costs could include; capital equipment, ICT equipment, development of websites, marketing and building works within the business premises.
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.
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
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).