Can government grants for small business needs help pay for new product development?

Government grants for small business may indeed help with new product development in many cases, if an eligible small business owner can illustrate why such an investment would make sense to the government. There are grants that can help get patents for new inventions, and those that offer funds to people or small businesses to use while they are developing a new product that they will sell. Each of these funding options has its own prerequisite terms. So, you will need to check these before deciding on a grant that you can use. You also may want to consider the regional and local tier grant offers as well as the national ones to be certain you consider all of your options. Learn more by filling out the form on our website. You may also call us at UKStartups.org, 020 3880 8554.

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!

Need funding for your business?

Learn how you can get funding for your small business in the UK. It takes 30 seconds.