The Welsh Government is urging citizens to apply for its Barriers to Start-up Grant for 25-year-olds and over.
The discretionary grant provides financial assistance for individuals who have barriers to starting up a business in Wales.
A grant of up to £2,000 is available to help individuals with the essential costs of starting the business. To access the funding, you will receive start up support and will need to demonstrate within the application the viability of your start up business and proposed income.
The grant can be used for revenue expenditure only. This means only expenditure that will appear in your Business Profit & Loss Account is eligible.
Eligibility criteria for this grant are:
- You are economically inactive or unemployed
- You are looking to start up a self-employed business in Wales
- You have a viable business proposal that will provide sufficient personal income
More information on the grant and how to apply can be found here.
Featured Training
NCASS Membership
.
Simplify compliance, get expert support and unlock savings that cover the cost of membership.
Choose the option that matches how your business trades.
On the move
I run a mobile food or drink business
For food trucks, trailers, street food traders, market traders, event caterers and other mobile operators.
Fixed location
I run a fixed-site food or drink business
For cafés, restaurants, pubs, bars, takeaways, bakeries and other bricks-and-mortar businesses.
Not sure which membership is right for you? Use our membership matcher tool.