SWEF Fund

The SWEF Fund offers Start-up Grants of up to £500 and Business Grants of up to £2,000 for young people between the age of 18-30 who are working on their own business initiative in Cambridgeshire. The fund supports young people who need help with business costs that they would otherwise not be able to afford, particularly those who are not in education, employment or training. This is not a loan scheme and recipients do not need to pay the grant back. The Start-Up Grant is suitable for businesses who have only been trading for a short time and whose income is less than £500 per month, or businesses that haven't started trading yet but are very close to. The Business Grant is more suitable for businesses who have been trading for 6 months or more with an income of £500 a month or more. Applications must demonstrate that the applicant has taken steps to get their business off the ground by putting time, energy and thought into it.