When does my small business need to repay any UK government grants it receives?

UK government business grants are funds you do not have to repay that are conditionally provided to a business. In principal, a start-up is able to qualify for government business grants. Depending on the grant, the funds can be applied to purchase equipment, advertising and marketing, to conduct a feasibility study, or for any purpose that meets the particular grant guidelines. A start-up may want to pay fees to research agents or for the preparation of a business plan. The funds could also be given ‘in kind’ for e-services. These may include free consulting, marketing or education programmes. A start-up would want to demonstrate that you, as the founder, have the capacity to deliver on your commitments. This could be through a CV or by testimonials. Many government business grants are availed and a call to our office may assist in securing government business grants. Contact us, freephone, at 020 3880 8554 to speak with a representative. Alternatively, fill out our form via the web site.

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.

Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!

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