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| The government along with other agencies and charities run a number of schemes to help businesses grow and eligibility is usually determined by your location or the type of business. |
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As well as straightforward grants support is offered through Research and Development Tax Credits and allowances, training allowances and loan funds which can be used to develop a viable business proposal.
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Grants are almost always for specific purposes, not activities which are already being carried out. The grant may even go towards the cost of a consultant to come in and assist with projects, such as competitor benchmarking.
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Grants rarely meet the full costs of a project and may have strict terms and conditions attached. Nevertheless they are worth investigating. Sources include Regional Development Agencies (economic regeneration), The Phoenix Fund (disadvantaged and under represented communities), Community Development Venture Fund (deprived areas), Small Business Service (for Investigating an Innovative Idea) the Carbon Trust (the low carbon economy), the Prince's Trust (entrepreneurship), UK Trade and Investment (exporting), ELSBC (grants for London Fashion Shows).
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While we cannot guarantee to help every client just starting in business, we promise that our brokers will be as flexible and helpful as possible. Let Pegasus Funding Resources help you find and secure the grants which match your circumstances. Contact grants@pegasusfunding.co.uk.
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