SWEF Enterprise Fund – Business Grants

The SWEF Enterprise Fund provides grants to young entrepreneurs in Cumbria who are running new businesses. The fund supports businesses to make transformational changes or take significant steps forward in their development. Eligible applicants must be aged 18-30, currently reside in Cumbria, and operate as a sole trader, limited company, or CIC limited by shares that has been trading for less than two years. The business must be generating a minimum profit of £500 per month and experiencing financial challenges that are limiting development. The grant can be used for equipment to increase profit, prototypes and product development, building websites or booking systems, training, and other business costs that will make a significant impact. Applications involving match funding or purchase of second-hand items are particularly welcome. Successful applicants receive one business grant only, and repeat applications are not permitted. The fund is currently closed and will not accept applications again until April 2026.