Considering self-employment? Want to grow an existing business? Did you know there’s a range of support available for you?
So far ninety five grants have been awarded to pre-starts and new businesses (Pic: RODNAE Productions)
It’s not always easy to know what support is available for businesses. But if you’re in the Swansea area, Business Swansea could help you. Business Swansea is the new name for business support within Swansea Council.
Got a new business? Looking to start one? Business Swansea manages Start Up Grants. So far ninety five grants have been awarded to pre-starts and new businesses. You can get financial support of up to £1,000, with no requirement for match funding. This scheme is designed for you if your business is under two years old. And you can be in any sector, from dog grooming to high end manufacturing, and anything in between! The funding can be used for the equipment, as well as the training and consultancy, you may need when starting your new business.
And what if you’ve got a more established business? The Growth Grant came online earlier this year. This is the grant for you if you’re an established business that wants to grow. Funding is available up to £1,500, with a match funding requirement. There’s also a Green Innovation Grant, if your business is working towards net zero, and a Digital Development Grant if you want, for example, to improve your online visibility or undertake a digital marketing campaign.
Both the grant schemes will require you to produce a business plan and a cashflow forecast. Not sure how to do this? Don’t worry! Where appropriate, you can be signposted to support from Business Wales and/or Business in focus to help produce the documents you need.
And it’s not just grant schemes! Business Swansea also offers business support workshops, including a Start-Up Enterprise Club, which has engaged with over two hundred people. They also run “Power Hour” workshops, which have attracted around a hundred and fifty attendees. You can watch all the previous workshops here. The facilitators for the workshops come from local businesses, including Peter Lynn & Partners, Alan Brayley from AB Glass, Bevan Buckland, Urban Foundry, Purple Dog, DJM Solicitors, Real Inbound, and Copper Bay Digital.
And what if you’re unemployed? Business Swansea run an Introduction to Self Employment Course, which covers all elements of self-employment, including what the impact would be on your unemployment entitlements. The next course is coming up in November.
A key priority for Business Swansea is to collaborate with local stakeholders and partner organisations, to assist local businesses navigating the business support available. Part of this includes quarterly meetings with around twenty four business support organisations operating in Swansea. This means all partners know what other organisations are doing. It avoids duplication and ensures everyone is working together to signpost businesses to the right support.
Want to receive regular updates on the all various support and events for businesses across the country? You can sign up to the Business Swansea e-newsletter here!
Want further information on the grants? Please visit the Swansea Council website, or contact:
Business Swansea: business@swansea.gov.uk
Growth Grant: growthgrant@swansea.gov.uk
Start Up Grant: startupgrant@swansea.gov.uk
Want to attend a Business Swansea event? You can find details of their exciting upcoming events here!