SBA Business New Start Grant
Offers support of 50% of total costs to a maximum of £500 (excluding VAT) for capital expenditure on business development activities.
Eligibility Criteria Open to new businesses trading from 0 - 6 months. Must show a need for gap funding support. Open to all businesses with the exception of those operating in the retail sector, or any other sector where there is likely to be a high displacement of other local business.
Application Criteria: Completed application form plus up to date Business Plan, a Business Bank Account, UTR Number depending on status and a copy of Business Insurance Document. Three quotes for the requirements.
The grant provides 'gap funding' which is the minimum needed to allow a project to proceed after a business establishes how much it can raise itself and frombanks and other lenders.
For further information please contact:
Will Nisbet, Business Development Team Leader, Inverclyde Council, Regeneration & Planning, Municipal Buildings, Clyde Square, Grenock PA15 1LY