Liverpool is a city with a thriving business community and a robust entrepreneurial spirit. If you are planning to start a new business in Liverpool, you may be interested to know that several Liverpool business grants are available to help you get started.
Liverpool city council grants offer a range of grants to support business growth and development. It can be in the form of money, services, or products that need not be repaid.
This blog will explore the required eligibility criteria, how you can apply for a business start-up grant, Liverpool, and more.
List of Available Liverpool Small Business Grants
There is a range of other funding opportunities available to community organizations and groups in addition to the Liverpool Council grants. Here we are mentioning the list of start-up business grants in Liverpool.
Enterprise Hub
The Enterprise Hub in Liverpool helps small businesses by giving them cash and advice, among other things. The Enterprise Hub gives grants that can be used to pay for a wide range of costs that come with starting or building a business.
Grants from the Enterprise Hub can be different based on what the business needs, but they are usually between £1,000 and £5,000. You can use these grants for a variety of things, like buying tools, making a website or marketing materials, or paying for training and development.
Eligibility Criteria
To be eligible for a Liverpool grant from the Enterprise Hub:
- Your business must be based in the Liverpool City Region.
- In less than three years, your company has been in operation.
- You must also be able to show that your business has growth potential and a viable business plan.
It’s worth noting that the availability and eligibility criteria of these grants may change over time, so it’s important to check the latest information on the Enterprise Hub’s website before applying.
How to Apply?
To apply for Enterprise Hub, the following are the steps:
1. Check the Eligibility for Funding
It is advised to review the eligibility criteria before applying for Liverpool business grants to ensure your project meets all the requirements.
2. Read the Guidelines
Before applying for the grant, it’s vital to read the guidelines to ensure that your project meets the criteria and requirements of funding.
3. Fill out the Application Form
You will need to fill out an application form and provide supporting documents such as a business plan, financial forecasts, and evidence of trading history.
4. Submit the Application
The Enterprise Hub will review your application and make a decision on whether to award a grant based on the strength of your business plan and growth potential.
Link Application
After submitting the application, you can register your interest by visiting the official website. Please email it to enterprisehub@thewo.org.uk, or you can contact the concerned personnel at https://enterprisehublcr.org.uk/.
Flexible Growth Fund
The Flexible Growth Fund is a financing program that is designed to support the growth of small and medium-sized enterprises (SMEs) in the Liverpool City Region.
This business start-up grant in Liverpool provides flexible finance solutions, including loans, equity investments, and grants, to help SMEs grow their businesses and create jobs.
Eligibility Criteria
Businesses must meet certain conditions to be eligible for the Flexible Growth Fund, which includes:
- Work in the Liverpool City Region
- Be a small or medium-sized business (SME)
- Have a viable growth strategy.
- Ability to produce or keep jobs in the Liverpool City Region
- Be able to contribute to the Liverpool City Region’s economic progress.
It is critical to check with the Community Care Grant in Liverpool for specific standards and requirements for the Liverpool City Region – Flexible Growth Fund.
How to Apply?
To apply for the Flexible Growth Fund in Liverpool, follow these steps:
1. Check Your Eligibility
Before applying, ensure your business meets the eligibility criteria, which includes being based in the Liverpool City Region. Also, being a small or medium-sized enterprise with a viable growth plan that can create or retain jobs in the region.
2. Prepare Your Application
Prepare your application by providing details about your business, its growth plans, and the amount of funding required. You will also need to provide financial projections and other supporting documentation.
3. Contact the Liverpool City Region Growth Platform
Contact the Growth Platform, which is the organization responsible for managing the application process for the Flexible Growth Fund. You can contact the Growth Platform via phone, email, or by completing an online form on their website.
4. Submit Your Application
By the deadline, submit your completed application and supporting documentation to the Growth Platform. The Growth Platform will assess your application and, if necessary, request additional information or clarification.
It is crucial to understand that the Flexible Growth Fund application process is competitive, and not all applications will be accepted. As a result, it is critical to ensure that your application is well-prepared.
Link Application
Contact Growth Platform at 07947 371942 or visit https://growthplatform.org/programme/flexible-growth-fund/ if you are based in Liverpool to avail of this grant.
Conclusion
Establishing a new business is difficult, but grants can alleviate much of your stress. We can assist you in obtaining start-up business grants in Liverpool. We at Head45 can not only assist you with Liverpool business grants, but we can also help your small business succeed in this digital age.
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