SWEF Enterprise Fund - Start-Up Grant

The SWEF Enterprise Fund - Start-Up Grants help young entrepreneurs in Somerset, BANES and North Somerset take their pre-revenue stage businesses forward. The grant provides up to £500 for essential items that can help take a start-up business to the next level, including essential equipment or materials, website building, product development, and training. Applicants must be aged 18-30, live in the eligible geographic area, and be planning to start a business within the next couple of months or have made a few initial sales. Applications based solely on business ideas won't be considered; applicants need to show they have taken concrete steps to get their business off the ground by putting time, energy, and thought into it. Market research, sales and cost projections all help strengthen applications. The fund operates year-round with monthly decisions, and successful applicants may be invited to an online meeting to discuss their business with the Somerset Community Foundation team and SWEF representatives.