SWEF Enterprise Fund

Gloucestershire Community Foundation Original Source
Award

£500 - £2,000

Deadline

No deadline

Location

Gloucestershire, United Kingdom

Applicants

individual

About This Opportunity

The SWEF Enterprise Fund invests in the business initiatives that young people in Gloucestershire are taking to direct and improve their lives. Grants of up to a maximum of £2,500 are awarded to young people in Gloucestershire who need support with business investment that they would otherwise not be able to afford, and particularly to those who are not in education, employment or training. The program supports both start-up businesses (very early stage or pre-revenue companies with less than £500 revenue per month) and existing businesses (companies trading for less than 2 years and generating income of more than £500 per month). Start-up businesses can receive up to £500, while existing businesses can receive up to £2,000. The grant can be used for equipment, materials, stock or services needed to get the business running or support its development. Recipients who receive a start-up grant can re-apply for a larger business grant after six months if their business is successful.

Renewable
Decision 6 weeks

Who Can Apply

Region
Gloucestershire, United Kingdom
Residency
United Kingdom
Project in
United Kingdom
Applicants
individual
Age
18 - 31 years old
Priority for
low_income

Application Details

Interview

Stages

  1. 1 rolling

Required documents

references

Review process

Applications are reviewed by colleagues at the SWEF Enterprise Fund. Applicants may be invited to meet online to discuss their business in more detail.

Additional benefits

  • networking

Restrictions

  • no_concurrent_funding
  • reporting_requirements

Post-award obligations

  • final_report