Small Business Grants

Government Grants

Business GrantsGovernment grants are available for a wide variety of purposes for both businesses and individuals. The most popular Government grants include Business grants, new boiler grants and home insulation grants.  With over £2 billion in grants and over five thousand funding schemes available each year there is something for everyone. Grants can be applied for from the UK government, the European Union, local councils and charities.

The advantages of a government grant include the fact that you will not have to pay interest on the money and you never have to pay it back. You also don’t not have to give up any control in your enterprise as you would if you were raising equity finance. There are a few disadvantages; firstly, there is a lot of competition for most grants and you will be required to show that your need is greater than others. You are often, but not always, expected to contribute your own finances up to an equal amount of the grant. Also, you will have to navigate through the plethora of grant information and criteria to find a grant that is available for your specific project and then get involved in what can be a very time-consuming and intensive application process.

To receive grant funding, the interested parties have to submit an application setting out the specific reasons why they should receive money from that particular available grant resource. It is necessary to carry out detailed and thorough research to make sure that all of the grant criteria are met before applying if you wish to ensure a successful application. There are several key aspects that must be taken into consideration.

Purpose of the Government Grant – Grants are normally only available for very specific purposes; for example, investment in plant and machinery or training for staff in particular key areas such as technology. It is very unusual for a grant to be made available for unknown or unspecified costs or investments.

Grants for Specific Projects – Often grant funding is related directly to a single specific project rather than on-going regular business. This may be relocation, the development of a new product or the investigation of a new market for export. This specific project plan needs to be exactly defined, with clear deliverables. A well written and structured business plan will be an important part of the proposal.

Business Type –The majority of UK business grants are aimed at limited companies and partnerships, and sole traders. The status of your business will go a long way towards determining what funding you can apply for.

Size of Business – Many The government is always particular interested in supporting the development of SMEs (small and medium sized businesses), meaning those with under 250 employees and a turnover and balance sheet within prescribed limits.

Industry type – Some grant schemes are available only for the assistance of specific industry sectors such as agriculture, manufacturing or technology.

Business Location – Many funding schemes are national but some are geographically targeted at local or regional level. Sometimes, extra assistance is available in the form of a grant to businesses aiming to improve areas of social deprivation.

Match funding – As mentioned above, it is often the case that the business applying for the funding must add its own financial resources to the application, sometimes as much as 50% or even higher of the amount being sought.

Filling out a grant application form is a skill in itself. A great deal of information is normally required. Always read the grant application guidelines thoroughly and take careful note of all the material requested as supporting documentation. Make sure you are aware of any deadlines for submissions.  A budget is usually necessary for your proposal and a budget planner will normally be provided with the application.

You will also need to supply a statement which narrates your own professional career and include your reasons for needing the grant. This is a very important part of the process and can make the difference between getting your grant and not getting it. There are several online sources that can assist you with this essential proposal statement.

There is a lot more to learn about government grants as this information barely scratches the surface. But hopefully it has given you a good start and pointed you in the right direction.


  1. Hi, I am just in the process of starting my own business in the health and wellbeing industry and would like more information on whether it is possible for me to obtain a grant.


  2. are there any underfloor insulation grants available that you no of for pensioners please





  5. Kirit Parmar and Simon Theodorou

    To whom it may concern,

    My partner and I have invested in a bespoke product which we sincerely believe will help to save lives, and just as important will take some what pressure of the NHS/Government/Emergency services. This unique concept needs to be of domestic and commercial capacity. It is a concept of self help in our ever fast moving society.

    We have already largely invested in our life saving product, but due to personal unforeseen circumstances we have come across some stumbling blocks.We are just over midway to bringing our concept to life, and would be a blow if we could not further our ambitions to save lives.

    Not only are we applying for a grant but hopefully your expert advice and guidance on a concept that would greatly benefit this nation, if this is something you are able to offer.

  6. steve dennis john woolner

    I am looking for a grant so i may go buy a wheelchair as i have not been able to get any help from the british legion who i thought was ment to look after us x service men , even though the wheelchair cost £2,500 i doubt very much i will get a reply from this

  7. I’m a single mum with a mortgage,we live in a one bed house and cand afford to move,would be nice to get help so can have new carpets and modern kitchen

  8. I have been running my cafe for the last five years and had help from my father who sadly passed away. I suffer from depression and when my father died trued taking my life the cafe is the only thing keeping me going and ichave run into trouble with the electric. The bills haven’t been coming to our address and admittedly I should have noticed but I didn’t. I have now got letter about disconnecting it. If they do this I will loose the cafe and everything I have worked hard to keep going

  9. miss nicola christine smith

    hi I have just moved in to my new house and I would like a grant for items for my house ie carpets bedding bedroom furniture fridge freezer washing machine cooker sofas

  10. We are 2 disabled penshioner on guaranteed penshion credit .are windows are over 45 years old @let’s the rain in is there a government grant for this

  11. Queensway Playing Fields Association, Whitchurch, Shropshire are looking for a grant to cover the cost of new equipment shed. We are a voluntary residents Association that run a 14 acre site as a park for the local residents and surrounding area in Whitchurch, Shropshire. We have been going 40 years and one of our equipment sheds is at the end of its life and we are looking for funding to replace it.
    Can you help.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copyright ©2011 northCloud. All Rights Reserved.