Grant Funding for Small Businesses
At BCDF, we specialise in arranging commercial finance solutions for small business owners. This is most often in the form of small business loans and other credit facilities.
We know that borrowing money is not everyone’s preference and is not always the best method of funding your business. When it is determined that loan solutions are not the best option, you may wish to explore applying for a grant instead.
Unlike loans, a grant is source of funding that you are not expected to pay back. However, like loans, there is a specific application process the business owner needs to complete in order to access the funding. We can help clients to access grant funding from a range of different sources and for a variety of different uses.
We have listed some of the different grants available below.
Small business grants:
The National Lottery Heritage Fund – The National Lottery Grants for Heritage 2021-22 will prioritise projects that boost the local economy, encourage skills development and job creation, and support wellbeing
Innovate UK – Innovate UK provides government grants to UK businesses to develop and realise the potential of innovative ideas and to develop and test innovative products and services.
Research & Development Tax Credits – Provided by the government to support companies seeking to research or develop an advancement in their field (even if the project is unsuccessful)
For small business grants available specific to your region, contact your local LEP. You can find your nearest LEP using the map linked below.
How we can help
We are able to arrange both UK and EU grant funding for businesses in a range of industry sectors. Access to grant funding is primarily available to organisations carrying out research and development. This a great opportunity to ‘de-risk’ the innovation process, allowing business owners to build new products and services without investing their own money. The process of accessing grant funding is highly competitive so it is important to work with an organisation that can help you to identify the most suitable fund and support you with the application process. If you are looking to apply for grant funding, contact us for a no obligation chat about your options.
