An overview of the available grant funding, as well as non-grant products that can also support your business.
Check out the Better Business Finance finder and the Government’s comprehensive database of finance available, both good sources of support.
Local Grants and Vouchers
Grants worth up to £50,000 are available to small and medium-sized rural businesses in the Chilterns and Clay Vales areas of Buckinghamshire and up to £100,000 in parts of Northamptonshire. Grants are available to help small and medium sized rural businesses to grow, for farmers wishing to diversify, and to help and support tourism projects, community groups, foresters and other rural enterprises.
Aylesbury Vale Golden Welcome Grant
The Golden Welcome Grant scheme has been established by Aylesbury Vale District Council to attract investment into the Vale, create sustainable local employment and strengthen local supply chains and connectivity.
Up to £25,000 is available for businesses relocating to the Vale who intent to bring at least 20 jobs to the Vale within 18 months of establishing a base there.
Velocity is split into grants and business support, and is applicable to companies based within Aylesbury Vale. Up to £60,000 is available in capital and revenue grants.The target is to create sustainable new private sector jobs.
Velocity grants are avaialble for Aylesbury Vale businesses with fewer than 250 employees who have operating for a year or more. The grants are split into revenue and capital grants.
Manufacturing Growth Fund
This funding programme, which covers Aylesbury Vale, is:
- Aimed at SME’s in Manufacturing and Logistics who have aspirations and can identify needs for growth and improvement plans and who are willing to take on additional people
- Who are willing to work with outside / external experts to implement those plans
Funding covers up to 35% of the costs of implementing the plans through the outside/ external experts.
There is an extensive list – but it covers all aspects from Business Strategy, Finance, Leadership & Management, Customer & Supplier Relationships, Products & Services, Innovation & R&D, People & Resources, Productivity, Systems & Procedures, Quality, Marketing & Market Knowledge, Continuous Improvement, Environmental & Change processes.
The maximum grant is £3,500, so in effect is aimed at £10,000 projects, but there is no ceiling to the project value. Companies may be allowed up to 2 grants each if the project can be succinctly separated. It is anticipated that the average grant will be in the region of £1,500, with a £5,000 project.
For more information contact the business support team: BusinessSupport@bbf.uk.com / 01494 568941.
The ICT Escalator is a European Regional Development Fund (ERDF) programme which delivers carefully designed specialist support to develop your digital capability so that you can make full use of the internet, build on existing business opportunities and create new innovative digital applications, platforms and services. The project is not aimed solely towards ICT businesses; it targets all SMEs based in Aylesbury Vale (please note that one of the criteria is that you must have an established business already set up for over a year) by addressing awareness, capability, skills, and security concerns about the digital environment.
The programme can assist with a multitude of bespoke support including trading online, cyber security and developing Apps that are original and build business fast and many more activities.
Innovation Bridge is a European Regional Development Fund (ERDF) project that provides a free business review and then the support of a university academic to develop an innovation action plan to support the growth of the business. It is limited to businesses in the Aylesbury Vale. Following the action plan, there is a grant programme which can offer up to 30% of the costs of the implementation of elements of the plan.
FEAST is an offer for Food and Drink manufacturers in the Aylesbury Vale District Council area.
Grants, mentoring, events and technical support are all available, funded by the European Regional Development Fund (ERDF).
Eligibility is restricted to Food and Drink manufacturers selling business to business (Retail is excluded). Grants are for Capital purchases only.
Please contact the business support team for more information: BusinessSupport@bbf.uk.com / 01494 568941.
National Grants and Vouchers
This government innovation agency offers a range of grants for businesses of all sizes. These are available through competition calls. Check the website regularly for open competitions.
Since 2007 Innovate UK has invested over £1.5 billion in innovation, matched by a further £1.5 billion in partner and business funding, helping more than 5,000 innovative companies in projects estimated to add £7.5 billion to the UK economy and create 35,000 extra new jobs.
Low Carbon Funding Landscape Navigator
The Low Carbon Funding Landscape Navigator, provided by the Energy Knowledge Transfer Network, takes users through the low carbon energy funding landscape, providing guidance on public and private funding bodies and support mechanisms for UK low carbon energy projects. You can search by key word and technology type to find funding that suits you.
Plug-in Car and Van grants
Grants are available for:
- 35% off the cost of a car, up to a maximum of £5,000
- 20% off the cost of a van, up to a maximum of £8,000
As of 1 March 2016, these grant rates have changed.
Grants are also available to limit the costs of charging electric vehicles.
Science and Technology Facilities Council (STFC) Research Grants
STFC provides research grant funding to UK Higher Education Institutions and other eligible research organisations for research in the fields of astronomy, particle physics and nuclear physics, and for associated technology development, research infrastructure and knowledge exchange.
Department for International Trade Export Finance
Department for International Trade Export Finance provides insurance to UK exporters and guarantees to banks to share the risks of providing export finance. In addition, they can make loans to overseas buyers of goods and services from the UK.
Funding for charities and social enterprises
These are grants for charities to enable them to embrace and make the most of digital. Grants of up to £18,000 are available to charities to build a great web presence, with costs for strategy, design and development all covered by the grant.
Heritage Lottery Fund
Grants from £3,000 are available for all kinds of projects, as long as they make a lasting difference for heritage, people and communities.
Take a look at all the grant programmes on offer from the Heritage Lottery Fund, which has awarded £6.8 billion to over 39,000 projects since 1994.