SWEF Enterprise Fund - Established Business Grant

The SWEF Enterprise Fund – Established Business Grants are designed for young entrepreneurs aged 18-30 in Somerset, Bath and North East Somerset (BANES), and North Somerset whose businesses have already started trading and are less than 2 years old. The fund provides grants of up to £2,000 to support business growth and development. This funding can be used for expanding product lines or services, upgrading equipment, or other business needs that will help increase revenues. Eligible expenditures include equipment for second revenue streams or increased production, materials/stock for new product lines, prototypes, website/booking system builds, training, and product development. The fund operates on a rolling basis with monthly decision-making, making it accessible year-round for qualifying young business owners who have already made sales from their business.