Swansea, the coastal gem of Wales, presents a thriving environment for businesses seeking to flourish amidst its vibrant economy. Business grants in Swansea play a vital role in fostering innovation and growth, offering financial support to both startups and established companies. By taking advantage of these Swansea Council grants, you can alleviate financial pressures and focus on harnessing Swansea’s rich commercial potential. The Swansea City Council is dedicated to promoting local businesses, providing a wealth of grant schemes tailored to various sectors and needs.
Don’t miss the opportunity to elevate your enterprise. Explore the extensive range of grant options available, and let your business soar in the inspiring Swansea landscape.
Pre-Start Business Grant
Eligibility
- Pre-start grant is a valuable opportunity for pre-start businesses to receive funding and support to help get their business up and running. Don’t miss out on this chance to start your business on the right foot!
- The grant is available to pre-start businesses only. The UK Government funds the Pre-Start Grant through the UK Shared Prosperity Fund.
Funding
- The maximum grant amount is £10,000.
- For the first £1000 spent, the fund will cover up to 95% of project costs, and for the next £1000 to $10,000, it will cover 50%.
- Businesses must provide a business plan and a 12-month cash flow forecast.
How to Apply?
To request an application form, interested businesses should email business details to the Swansea Council.
Email to Apply- startupgrant@swansea.gov.uk
Website Development Grant
Eligibility
The Website Development Grant is designed to support the adoption of new technology through online/website development. This is one of many Swansea Council grants funded by the UK Government through the Shared Prosperity Fund.
- The grant can be used to create a business website for the first time or to enhance an existing site.
- The maximum grant amount is £1,500.
- Businesses must provide 50% of costs in match funding.
- Businesses must provide a business plan/summary and a 12-month cash flow forecast.
How to Apply?
To request an application form, interested businesses should email business details to Swansea Council.
Email for Application Form- growthgrant@swansea.gov.uk
UK Steel Grant Brief
The UK Steel Grant is a partnership between the Swansea Council and UK Steel Enterprise Ltd to support start-ups and businesses under 2 years old. This is another one of Swansea Council grants with limited funding pot allocated on a first-come, first-served basis.
Eligibility
- The grant is available to new start-ups or businesses that are under 2 years old in the Swansea Council area.
- The grant offers up to £1,000 for eligible project costs.
- The grant will only cover 50% of eligible project costs, and the minimum grant payable is £250.
- Eligible items for funding include equipment, qualifications, accountancy, software, web development, and tools.
How to Apply?
For further details, interested businesses should email business details to Swansea Council.
Property Enhancement Development Grant (PEDG)
Eligibility
The PEDG grant is designed to target derelict or vacant properties to bring them back into beneficial use and ensure high-quality building and shop front enhancements.
- The completed project must accommodate new jobs to qualify for the grant.
- Building exteriors, roofs, storefronts, floors, ceilings, staircases, rewiring, signage, and related professional expenses are eligible goods.
- Ineligible items are fixtures and fittings, areas not visible to the public, major structural repairs, and normal maintenance.
- Residential schemes are not eligible for a PEDG grant.
Financial Support
- The PEDG Swansea Council grants offer financial support of up to 40% on a case-by-case basis, assessing the economic and environmental benefits that the project provides.
- Financial support through PEDG grants will typically be the minimum contribution required to advance the project.
How to Apply?
- Interested applicants can obtain further information by emailing business details to the Swansea Council.
- Details on the application process and required documentation will be provided upon inquiry.
Sustainable Living Grant (SLG)
Eligibility
SLG Swansea Council business grants are aimed at projects within the city centre that convert empty floor space on upper floors of commercial units into new residential accommodations.
- Eligible items include all works necessary to create new residential accommodation, excluding fixtures and fittings.
- Projects that have commenced or been announced before the grant has been awarded are ineligible.
Financial Support
- SLG grants offer financial support of up to 40% of the eligible cost of the work and professional fees, assessed on a case-by-case basis.
- The award and level of grant offered are at the discretion of the grant provider.
How to Apply?
- Interested applicants can obtain further information by emailing their business details to the Swansea Council.
- Details on the application process and required documentation will be provided upon inquiry.
Email to Apply- business@swansea.gov.uk
Conclusion
All these Swansea Council business grants are valuable opportunities for businesses in the Swansea area to receive funding and support for their business development efforts. Let our marketing experts assist you in the grant application and acquiring process and take your business to the next level while elevating your business’s online presence.
In addition to helping you secure business grants, take advantage of our top-notch web design and SEO services in Swansea to give your company a competitive edge in the city. Reach out to our marketing experts today to identify and apply for the most suitable start-up business grants in Swansea and accelerate your business growth online with Head45‘s exceptional digital marketing services.
