Are Wales government grants better for small business than loans?

Grants in Wales are not necessarily better than loans from the government for small business use, but they may seem that way to some people since they do not need to be repaid. This is not true, since each grant and loan has its own eligibility requirements and intended uses that govern who the programme may be used by and how it may be used. This means that it is better to get a loan that is closer to what you need than a grant, since you would be unlikely to get funding from a grant that is not well suited to your needs in the first place. You can find out more about grants and loans in Wales by filling out the form on our website or by calling 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.