Bridgend Business Start Up Grant now open for applications

The Bridgend Business Start-up Fund has now re-opened for 2023.

The flexible grant scheme provides financial assistance to new or existing micro-businesses that are located, or are planning to locate, in Bridgend County Borough. A micro-business is one which has fewer than ten employees and a turnover or balance sheet total of less than £2 million. It is being delivered through a partnership with UK Steel Enterprise and Bridgend County Borough Council.

You can apply for the grant if you are a new start-up or have been trading for less than three years. You must be located in Bridgend County Borough, and the grant may have to be reimbursed if the business moves away within a year of being awarded.

Eligible costs that could be funded include:

• capital equipment
• computer equipment
• development of websites
• building works to business premises

The grant can provide up to 50% of eligible projects costs. The minimum grant is £250 and the maximum grant available is £4,000 so the maximum project cost is £8,000 (excluding VAT). The grant will be awarded on a first come first served basis but all forms must be compliant and contain the relevant information some of which must be uploaded.

Please note that the council will only consider a maximum of five items per application.

Applications for the grant will close on Monday 20 March, or sooner of the funds are allocated.

Find out more, check your eligibility and apply.