SWEF Enterprise Fund - Established Business Grant

Somerset Community Foundation Original Source
Award

Not specified

Deadline

No deadline

Location

United Kingdom

Applicants

individual

About This Opportunity

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.

Decision Every month

Who Can Apply

Region
United Kingdom
Residency
United Kingdom
Project in
United Kingdom
Applicants
individual
Organizations
for profit
Age
18 - 31 years old

Application Details

Interview

Stages

  1. 1 rolling

Review process

Applications are assessed by foundation team members who review the business idea and steps already taken. Applicants may be invited to an online meeting with Somerset Community Foundation and SWEF representatives to discuss their business.

Restrictions

  • no_concurrent_funding