Are government grants intended for helping pay for starting businesses free?

Money received as part of UK national, regional, or local government grants intended for starting new businesses are not free, because you cannot spend the money on just anything you want, and there may be additional restrictions on the program. These may include money matching stipulations or the like. When receiving such free money from government grants, part of the agreement will be to sign a contract stating the money will be used for your small business’ wants. Also, using the money for personal reasons would break this agreement, landing you in legal trouble. The UKStartups.org can assist you with researching and determining your options. Speak to one of our representatives by calling, freephone, 020 3880 8554. Alternatively, use our site’s contact form to learn more about how free government grants for businesses work.

There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.

Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.

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