In the heart of Yorkshire, Bradford has established itself as a dynamic business hub, attracting entrepreneurs and innovators alike. Business grants in Bradford play a pivotal role in nurturing this vibrant ecosystem, providing much-needed financial support to enterprises at various stages.
During the 2021-2022 fiscal year, the UK government allocated over £220 million in business grants. Tapping into these resources can significantly ease your financial burdens, allowing you to focus on growth and development. Don’t miss out on the opportunity to secure your business’s future with genuine financial support. Explore the Bradford City Council’s latest grant offerings and maximise your chances of success in this busy entrepreneurial landscape.
AD:VENTURE Business Growth Grant
Are you a young business primarily trading with other businesses and looking to expand your team? The AD:VENTURE Growth Grant might be just what you need to take your business to the next level.
Eligibility
To be eligible for the AD:VENTURE Growth Grant, your business
- should be based in Bradford, Calderdale, Craven, Harrogate, Leeds, Kirklees, Selby, York, or Wakefield
- should have been trading for up to 3 years
- should primarily trade with other businesses (B2B)
- You are able to contribute at least 50% of the eligible costs towards capital growth
- You have a sound business plan or summary (dependent on the level of application) and a cash-flow forecast that demonstrates your growth ambition and capacity to create employment.
How to Apply?
If your business meets the eligibility criteria, you can apply for the AD:VENTURE Growth Grant by following these steps:
Step 1: Growth Grant Funding between £1,000 – £4,999
- Ensure that you have a sound business plan or summary (dependent on the level of application) and a cash-flow forecast that demonstrates your growth ambition and capacity to create employment.
- Submit all your business details to the AD:VENTURE grant team using the email link below.
- Await the outcome of your application. If successful, you will receive the first half of the grant funds, and will be required to contribute at least 50% of eligible costs towards capital growth.
- Complete the project and submit evidence of the completed work to claim the remaining grant funds.
Tip- See Full Guide Here
Email to Apply- Email
Step 2: Growth Grant Funding Between £5,000 – £25,000
- Book a one-to-one grant clinic available every Monday between 2 pm and 4 pm from the 16th of January 2023 to discuss your eligibility and project viability.
- Submit all your business details to the AD:VENTURE grant team using email.
- Await the outcome of your application. If successful, you will receive the first half of the grant funds and will be required to contribute at least 50% of eligible costs toward capital growth.
- Complete the project and submit evidence of the completed work to claim the remaining grant funds.
Link to Apply- Book One-to-One Here
Innovate UK’s Smart
The Innovate UK Smart Grant is a competitive grant funding programme aimed at supporting SMEs and their partners to develop disruptive innovations with significant potential for a rapid economic return to the UK.
Eligibility
To be eligible for the Innovate UK Smart Grant, your project:
- Should start by 1 December 2023 and end by 30 November 2026.
- The company must have at least one lead or collaborative grant-claiming partner that is a micro, small, or medium-sized enterprise (SME).
- Must follow specific rules dependent on its duration.
- All project work carried out by your company must take place in the UK. furthermore, your company should have the intention to utilize or benefit from the results within the UK.
- Must have total eligible project costs between £100,000 and £500,000 if its duration is 6 to 18 months, or between £100,000 and £2 million if its duration is 19 to 36 months.
How to Apply?
If your project meets the eligibility criteria, you can apply for the Innovate UK Smart Bradford business grant by 11.00 am, 14 June 2023 following these steps:
- Complete the Innovate UK Smart Grant application form, which can be found on the Innovate UK website.
- Provide detailed information about your project, including how it is genuinely new and novel and how it will achieve a return on investment, growth, and market share following project completion.
- Include only eligible project costs in your application.
- To qualify as a lead organisation, you must meet certain criteria. If you plan to work independently, you need to be a UK-registered SME. However, if you want to work with others, you can be a research and technology organisation (RTO) or a business of any size that is registered in the UK. Additionally, if you are a large business or RTO and wish to collaborate with other UK registered businesses, research organisations, academic organisations, public sector organisations or charities, you must include at least one grant claiming SME in your team.
Link to Apply- Apply Here
Conclusion
Business grants in Bradford can provide a much-needed boost to startups and emerging businesses in the city. As a business owner, you can benefit from this free money to cover essential expenses and accelerate your growth. At Head45, we offer expert guidance to help you identify and secure the best business grants available in Bradford.
Our team of professionals can help you navigate the complex grant application process, ensuring that you submit a winning application that stands out from the crowd. We also offer bespoke web design and SEO services Bradford to help your business establish a strong online presence and reach your target audience more effectively.
Don’t let the lack of funding hold back your business growth. Contact Head45 today to learn more about our business grant application and digital marketing services in Bradford.
