Business Grants
The Catalyst grant programme is available to fund projects involved in creating new knowledge or developing new products, services or processes.
Innovate UK offers four different Catalyst Programs which are:
Industrial Biotechnology
Energy,
Argi-Tech
Biomedical
A higher price limit of £20,000 for the first 200 heavier electric vans.
As part of the governments efforts to encourage haulage and transport businesses in moving from diesel and petrol to electric vehicles, the Plug-in Van Grant Scheme offers business owners of N2 and N3 class vehicles 20% off the initial purchase price which will be subsided by the government.
To meet the scheme eligibility requirements, vans must have tailpipe emissions of 75g CO2/km or less and achieve zero-emission range of 10 miles for plug in hybrid vans and fully electric vans. As of October 2016, around 2,500 plug in van grants had been claimed.
The FedEx Small Business Grant is a funding award being offered to UK small and medium businesses in operation for two or more years and who have less than 100 employees.
FedEx has awarded more than $548,000 in grants and prizes since 2013 to passionate entrepreneurs.
To apply, you must submit details about your business plans and future visions to FedEx online. The winners will be chosen from a shortlist of companies who have been asked to send in business plans.
The Tradeshow Access Programme (TAP) is a fund available to UK businesses which provides grants to enable companies to visit overseas trade shows. This can assist the companies in promoting themselves abroad and exploring new export and import opportunities.
Knowledge Transfer Partnerships (KTP) grants are awarded to businesses who employ a newly qualified graduate to work on innovation projects. The graduate must be working on a specific innovation project and will be supervised by a research partner.
The grant is available to both small and large businesses and the percentage of funding varies depending on size and project. The grant is also available to charities or not-for-profit organisations, higher or further education organisations and private or public sector research and technology organisations.
Feasibility studies grants are available to companies wishing to test a new business idea to see if it will work. The funding could be used to develop a new product, process or service.
To qualify, a company must be UK based and be able to showcase your completed project at a Collaboration Nation event. The proposals you make must be business focused and match the theme of the grant.
The New Enterprise Allowance is a fund available to support unemployed people who are looking to become self employed with their own business. The grant is available as a weekly allowance over a 26 week period. Eligibility depends on you receiving benefits such as JSA, UC or SA.
The scheme is great for anyone who has been out of work for a considerable length of time as it can help them to get back on their feet and become independent. The grant also includes mentoring and guidance in setting up your business.
More information can be found by visiting a Jobcentre Plus and chatting with a work coach
The National Youth Agency offer a grant programme in collaboration with O2 to offer funding to young people aged 17-24 who have come up with innovative ways to use digital technology to provide solutions to environmental issues such as recycling and reducing waste. The grant also includes mentoring and work experience.
Kean House, 6 Kean Street
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The Barrow Cadbury Trust is one of the oldest independent charitable foundation trusts in the UK. They are committed to bringing about socially just change. They believe that financial networks and institutions should aim to build economic inclusion and not erode it. This grant is ideal for an organisation which is focussed on lowering the inequality between the rich and poor in society.
Enterprise Investment Scheme (EIS) is a tax relief scheme investment which is aimed at later stage companies. The scene is designed so that your company can raise money to help grow your business. Investors in your company can claim back and keep EIS Tax Reliefs relating to their shares.
