government grants for small businesses

Government grants for small businesses

Government grants for small businesses

Government grants for small businesses Government grants for small businesses

Government grants for small businessesGovernment grants for small businessesGovernment grants for small businessesGovernment grants for small businesses

GrantCanada.com is an online list of grants, loans and assistance programs for Canadian individuals and businesses. We will save you many hours, even weeks or months of searching. Get money for a job or for starting/expanding a business. Finding sources of funding is often the single biggest challenge for someone wanting to start or expand their business. Billions of dollars are given out annually by government agencies and foundations in Canada but most Canadians don’t even know these agencies and foundations exist, or how to contact them. You could order the program(s) and we will send you the information.

General Business Programs:

Start up and expansion capital for the purchase of equipment, supplies, real estate premises, machinery, technical knowledge, vehicles, computers, website development, office lease, office renovation, and office furnishings. Finance ranges start from $1000 to a maximum of $10 million.

Employee Assistance Programs:

Programs for hiring, training or retraining employees.

Specific financing programs for women in Canada to assist the start or expansion of a business. Financing up to $100,000.00 available.

Operating Capital Programs:

Programs to provide operating lines and expansion potential.

Product Development Programs:

Programs for initial discovery, prototype rendering, product and market assessment, production methodology, and market penetration.

Business Planning Programs:

Expert technical and financial business planning and company assessment in relation to domestic and international competitors.

Crown Asset Selling Programs:

Excess Federal and Provincial assets are sold at a deep discount to wholesale market prices. Assets available include computers, machinery, vehicles, equipment, furniture, among others.

Research and Development Programs:

Programs to develop ideas in the knowledge industries.

Non-Profit Organizations Programs:

Programs to assist organizations and charities to address timely and continuing social issues.

Import And Export Programs:

Programs to transact business across borders for new or currently existing importers and exporters. Financing for expert market penetration studies, trade show participation, trade representation, transaction financing and insurance protection.

Community Development Programs:

Programs to assist downtown improvement, community organization development, facility construction and redevelopment, and specific community group programs.

Government Procurement Programs:

Federal and Provincial governments provide opportunities for your company to supply goods and services for government purchase.

Market Improvement Programs:

Programs to increase market share within or outside Canadian borders.

Programs to increase visits for small to large tourist industry operators.

Youth Business Programs:

All persons aged 15 – 30 are eligible for financial and consultative programs specific to youths.

Programs are available to various businesses including, but not limited to: retail, immigrants, Aboriginal persons, manufacturing, municipalities, environmental, agri-business, oil and gas exploration and services, forestry, daycare, arts and culture, sports clubs and facilities, health industry and mining.



Government grants

Government grants

Welcome to GovernmentGrant.com

U.S. Federal Grant Data Provided by USASpending.gov

Every year the United States Government has been giving away Free Money in Government Grants to small businesses and individuals in need. In United States over $400 Billion Dollars in Government Grants have been given away to qualified US businesses, organizations, and people like you.

You may be entitled for government grants that you are not aware of! GovernmentGrant.com is the best source for federal grants, state grants, and municipal grants. Throughout the site, we will show you what grants are available in your area, how to pick one, and how to apply.

One of the great things about government grants is that you can apply to as many as like and best of all it is absolutely free to apply! Its free money just waiting for eligible applicants to come along and take it. With a bit of effort you can get yourself a government grant to fix up your aging home, help start a business or even a grant to help pay your bills!

Government Grant News

Government grants

New Initiative Aims to End Child Hunger in Maine

The state of Maine has unveiled an ambitious campaign designed to combat child hunger. The campaign is called Full Plates, Full Potential, to highlight the fact that children cannot reach

Government grants

Sam’s Club Awards Grants and Education to Small Business Owners

Oftentimes, small business owners are the very small fish in a large, overpopulated pond. One reason they struggle to get their business off and running is due to limited availability

Government grants

Homeless Families Lose Housing After Federal Government Takes Grant Money Away From Charities

Though Polk and Hillsborough counties have mostly recovered from the housing market collapse, there are still hundreds of homeless families located within the central Florida area. Sadly, these unfortunate families

Government grants

FedEx Launches Small Business Grant Contest

Small businesses can find securing funding difficult during a weak economy like the one we’re in now. A government grant program that was available in the past may no longer



Try the Grant Finder Search Engine

Search through 926 government programs

Many government programs have a limited window for when they accept new applications. Don’t risk losing your chance to receive funding.

Ready to Get Started?

Or fill out the form below to get in touch with one of our Funding Experts.

Business grants

Business grants

Business grants

The recipients in these stories took the first step and contacted our Centre to learn about their funding options. Although we cannot guarantee you will get funding, the more you know about others experiences the better your chances.

CFSBF has no affiliation with any program, and no claim is made that funding is guaranteed.

View Funding By:

Get Expert Help

Find out if you may be eligible for funding

Call: 1 866 682 2402

Still not sure where to start? Our in-house group of experts can help. Give us a call or fill out the form below to begin.

For More Info Call 1 866 682 2402

Find out if you may be eligible for funding

Call: 1 866 682 2402

Still not sure where to start? Our in-house group of experts can help. Give us a call or fill out the form below to begin.

Government Money May be Available For Your Business

Search through 926 government programs

You may be eligible for.

Many government programs have a limited window for when they accept new applications. Don’t risk losing your chance to receive funding.

Time Left To Register Today

Ready to Get Started?

Call Us for More Info 1 866 682 2402

Or fill out the form below to get in touch with one of our Funding Experts.



Government Grants

In today s economy, it is quite normal to feel overwhelming stress when it comes to financial matters. This is especially true for individuals and organizations who would like to embark on projects from which not only they could benefit, but which also can be beneficial to society. It s important that you understand that there is help out there. As a matter of fact, it is in the government s best interest to fund people and groups that wish to grow financially, thereby strengthening the economy and their individual communities. If you are interested in benefiting from money that the government has set aside from people who wish to better their nation, you will want to research government grants.

What Are Government Grants?

In today s economy, it is quite normal to feel overwhelming stress when it comes to financial matters. This is especially true for individuals and organizations who would like to embark on projects from which not only they could benefit, but which also can be beneficial to society. It s important that you understand that there is help out there. As a matter of fact, it is in the government s best interest to fund people and groups that wish to grow financially, thereby strengthening the economy and their individual communities. If you are interested in benefiting from money that the government has set aside from people who wish to better their nation, you will want to research government grants.

For those who are learning about government grants for the first time, it can be a bit of a mystery why the government would give money to people who would like to better their lives. There is a misconception about the government s function. In many ways, a role of the government is to see that the economy is strong. In order for the economy to be strong, however, the people in a country need to be able to progress. If you are interested in construction or home remodeling, for example, you can t do your job if you are having cash flow issues. This is why the government is willing to provide you money so that you can complete your projects

Types of Government Grants

There are many different kinds of government grants. As a matter of fact, there are grants for virtually every kind of financial need that you can imagine. Individuals who are interested in growing their small businesses have access to a number of different grants developed to help improve this important and often struggling facet of the national economy. Likewise, people who are interested in improving their communities with sustainable and affordable housing can find a number of different grant opportunities offered by the Housing and Urban Development department. This agency also is known as HUD. There are also government grants offered to people who may need financial assistance at a personal level. For instance, there is funding for single mothers who may need help with basic financial support with school lunches and enrollment fees.

There also is funding for artists who would like to embark on large scale creative projects, but who may not have the time or money to see them fully realized. Another common goal of many of these grants is to help individuals who would like to go back to school. Pell grants, for example, are designed to fund individuals from low income brackets who would like to attend college. There are also education grants for people who have excelled as students and grants for people who would like to study concentrations that are beneficial to society.

How to Apply for Government Grants

If you are interested in applying for government grants, it first is necessary to register. Registering for federally funded grants is a relatively easy process, though it s important to remember to follow the instructions very closely. There often are a number of important dates and restrictions put on applicants, so you should make sure that you are entering the right information and that you are qualified to be awarded grants. One thing you want to keep in mind is that each government grant is assigned an identification number. In most cases, you will be expected to have access to this number before you begin the general application number.

Once you have been added to the government grants system, you will be ready then to prepare your materials for a specific grant. For individuals who are requesting basic financial assistance, this can be an easy and quick process as well. You may simply be required to provide some basic financial information regarding employment, income, and regular expenses. If you are applying for a grant that you will use to complete a project, however, you will certainly need to first prepare a statement and a budget. If you have never performed this kind of work before, you might need to get a little guidance.

The way in which you prepare for government grants depends largely on the nature of the grant for which you are applying. For example, if you are interested in beginning a housing project, you are going to need to do the work of a construction project manager. In other words, you will need to complete an initial budget in which you describe the materials and services you require and how you will use the funding to pay for these services and items. If you are interested in applying for funding for scientific research, if can be very important that you discuss your research goals. Likewise, you want to be sure that you can talk about how the funding will help you to improve your research. Artists who are applying for grants can count having to provide personal statements and resumes or curricula vitae.

As you are filling out your government grants materials, it s important that you remember to pay attention deadlines and other important details. In most cases, it is highly recommended that you complete all of your application materials at least a week prior to the deadline. If you are missing information or if you have not provided the correct information, a government grant representative will contact you and inform you that you need to revise your materials. If a representative has not had time to review your materials for errors before the passing of the deadline, however, then chances are that you will not be eligible for funding and will have to wait until the next year. In other words, it pays not to rush.

Apply for Government Grants

Start your application for a free grant package by clicking below. Non US Citizens are also eligible to apply for grants.



Small Business Grants – How to Find Them and How to Qualify

Minority small business grantsSmall business grants are financial assistance programs available to entrepreneurs and business owners in the United States who have fewer than 500 employees. The funding can come from a government agency, a non-profit organization, or another for-profit company. Awards typically range from $500 to up to $100,000.

Eligibility varies, and can depend on your location, your income, your ethnicity, your gender, your experience in business, as well as your longetivity in business. Some small business grants can even require that you participate in a competition or write an essay to demonstrate your talents or need.

Here are 5 great ways to find what opportunities are available to you:

1) Check With Your Local Government Agencies. Many cities, counties, and states give away money to local businesses. Why? Because they want you to create jobs and more tax revenue. Many times they won’t highly publicize these opportunities, but it’s in your best interest to give them a call and/or search their web sites.

2) Check With Federal Government Agencies. The federal government doesn’t give grants directly to businesses, but they do give money to foundations who in turn can give money to small businesses. The federal agency in charge of this is the Grants Program Management Office, and all of their opportunities are listed publicly online.

3) Check With Major Corporations. Nearly every major corporation in this country has a foundation that gives away grants to enhance communities, and many of these are grants to start or expand a business. Start by checking first with big companies that are headquarted in our city or state.

4) Search The Internet. Use Google, Yahoo and Bing to conduct a search using the term business grants . You can even throw in the name of your city, county, state, etc. Carefully review the results, and look for web sites that other web sites are linked to. Doing so, will help you to find opportunities that may be casually listed on a blog or some type of directory. You may even come across a recent news article about a new opportunity.

5) Ask Around. When attending professional networking functions and social mixers, never hesitate to ask people that you meet about new opportunities. Many times, small business grants are given away to people who happen to be in the right place at the right time. Never underestimate the importance of creating a relationship with a power player and his/her associates.

6) Visit Your Local Library. Contrary to popular belief, libraries are still an excellent resource and store a lot of information that is not accessible in other places. Go to your library as soon possible; look for grant books and directories and ask specific questions to your librarian. You’ll be surprised what you can find.

#1 – Caleb Brown Community Business Grant Program

Provides access to “seed money” and grants to assist urban professionals with starting businesses and rebuilding the community.

#2 – DOT Disadvantaged Business Enterprise Program

Offers grant funding to provide training and other services to minority-owned and women-owned businesses to help them compete for highway contracts.

Allows business owners and entrepreneurs to register and submit their business story and photos, get voted for, and be considered among the top 100 finalists and the winners.

Allows fans, including customers, vendors, employees, and the community, determine who deserves some love – in the form of financial assistance for their business.

#5 – Minority Business Development Agency (MBDA) Business Grants

Every year, the MBDA organizes various angel investors with the primary objective of supporting minority businesses with mezzanine and second round financing.

#6 – Miller Lite Tap the FutureВ® Business Plan Competition

Annual competition for minority entrepreneurs that gives away business grants to applicants who submit the best business plans. (Formally called MillerCoors Urban Entrepreneur Series).

#7 – National Association For The Self-Employed (NASE) Growth Grants

Business owners can apply for a $5,000 grant useful for financing a particular small business need.

#8 – Rural Business Enterprise Grants (RBEG) Program

P rovides grants to finance the development of small and emerging businesses in rural areas, to be used for land acquisition, etc.

The SBA and it’s various initiatives award $2 billion in grant funding and loans to small high-tech businesses annually.

#10 – Small Business Innovation Research (SBIR) Grants

The SBA and it’s various initiatives award $2 billion in grant funding and loans to small high-tech businesses annually.

Provides veterans who own franchises with financial grants for business development, education, training, and/or technical assistance.

Provides technical assistance to women entrepreneurs, both new and established, in the areas of finance, management, and marketing, and other areas.



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  • Current: Application Filing Deadlines

Application Filing Deadlines

*The Free Application for Federal Student Aid (FAFSA) is the required application for all State financial aid programs and grants.* The Commission uses FAFSA data to generate State financial aid awards. Please complete the FAFSA prior to applying for any State financial aid awards or specialty programs (allow 5-7 business days for processing).

In addition to the FAFSA, the Commission requires an additional application for its specialty programs and grants. The annual application deadline for these programs are provided below.

Application Filing Deadlines

21st Century Scholarship

June 30 of 7th/8th Grade Year

Prior to application [or April 15]

Prior to application

Military and Public Safety Officers

Prior to application

Prior to application

Prior to application

Application can be submitted through ScholarTrack.IN.Gov

Prior to application

Contact ING Unit Commander

Prior to application

Must be completed every semester

Prior to application

FAFSA: Prior to application

Application: November 30 (year prior to the Fall Term)

Application: September 4

FAFSA: Prior to application

Extended to October 13, 2017

Application for Fall Term due Extended to October 13, 2017

FAFSA: Prior to application

Application for Fall Term due October 4

In order to be eligible for state financial aid, students must complete the correct academic year’s FAFSA by the deadline (April 15th annually). The exceptions to this deadline are the Adult Student Grant (FAFSA must be filed at least 5-7 days before applying), and state financial aid for military and public safety officers.

A student’s FAFSA may have issues (known as edits) that pertain only to State of Indiana award and scholarship programs. A student should check his or her ScholarTrack account for a list of any edits that may be on the FAFSA.

The Commission administers State financial aid only and is not affiliated with FAFSA. For assistance with completing the FAFSA, please contact the Federal Student Aid Information Center: 1-800-4FED-AID ( 1-800-433-3243 ).



Grants for starting a business: What small business grants are available?

Small business grants

If you’re a small business owner or thinking of starting a business, finance is probably your biggest concern. You may be wondering if there is any funding available for start-ups.

The simple answer is yes, but getting your hands on it can be a complicated and rather stressful process. There are countless schemes, each with their own set of criteria, which you can apply for when you’re on the verge of starting a business.

Start-up funding is out there to be claimed, yet every year we receive stories of piles of cash sitting in accounts and not being invested. It’s not because you don’t need the cash, but it’s because navigating through the grants jungle can leave you wishing you were still employed.

Types of business support

All publicly funded schemes are designed to encourage new and growing businesses, to bring wealth and ultimately create jobs. To help achieve this the government makes available a portion of taxpayers’ money to help and encourage enterprise through small business grants.

This cash gets distributed through a variety of ministries, departments, agencies and quangos on a national and local basis. Most businesses are eligible at any one time to apply for a number of different business start-up grants and support schemes which are distributed in a wide variety of forms.

Government grant resource the business finance support finder is a great tool to help those starting a business find relevant funding to suit their needs and you are able to customise your search by your business location, size, and type of business activity.

Want to read more on grants?

We’d love to hear your insight:

What organisations provide small business grants?

The three main sources of grants for start-ups and small businesses come from:

  1. The government
  2. The European Union
  3. The local authority

Government grants for small businesses

Government grants for small businesses are available from the UK government, the Scottish Parliament, and the Welsh and Northern Ireland Assemblies. There are over 100 different government bodies which will offer different forms of funding based on specific criteria and objectives. There are often over 3,000 grant schemes running for UK start-ups at any one time, so it can be a confusing process for business owners to decide which organisations to contact.

Here are the main government organisations who offer grants to small businesses:

European Union grants for small businesses

Despite Brexit, UK start-ups and small businesses can still apply for and receive funding from the European Commission until the UK officially leaves the EU. The EU, via the European Commission, administers a number of schemes through structural funds made up of:

This EU Access to finance tool should help you to see if your start-up qualifies for any EU-backed funding.

Local authority business grants

As well government and European funding, a number of locally-based organisations can also provide your start-up with capital.

Specifically to support and encourage enterprise at a local level, there are currently 38 Local Enterprise Partnerships (LEPs) across England.

Similarly, the government-backed £3.2bn Regional Growth Fund supports projects and programmes that are already in the process of raising private investment.

Click here to view a map of all 38 LEPs and here for more information on the Regional Growth Fund.

Type of government business grants available

Direct grant

This is a cash award, which is usually given out for activities such as training, employment, export development, recruitment and capital investment projects. With a direct grant most schemes usually require the company involved to put up around 50% of the cost.

The government s ‘business finance support finder’ directory has over 300 direct grants agencies listed such as UK business “innovation” organisation the Technology Strategy Board. The directory also features various local grants providers which are facilitated by the government’s £3.2bn Regional Growth Fund, such as Catalyst for Growth which has direct grants of £5,000 to £500,000 available for chemical start-ups launching in the North West of England.

Soft loan

A soft loan is a special type of grant where the terms and conditions of repayment are more generous (or softer) than they would be under normal financial circumstances. So, for example, the interest rates may be less, or there may be no interest to pay at all, and the repayment terms could also be for a longer period.

There are hundreds of organisations that offer soft loans and guarantees but the most notable is government-funded scheme Start Up Loans which offers new businesses loans of up to £25,000 for 6% interest with a 12 month repayment “holiday”.

To date it has helped to fund thousands of start-ups with over £250m invested; see if you are eligible on the Start Up Loans website here.

If you’re starting a social enterprise or charity there are organisations such as Big Issue Invest, the investment arm of the Big Issue, which has soft loans from £50,000 to £1m available for positive impact, socially-driven entrepreneurs and also operates ‘participation loans’ where repayment is linked to future performance of the enterprise.

For young entrepreneurs aged between 18-30, The Prince s Trust provides soft loans of up to £4,000, as well as support for your business idea, with interest capped at 3% and repayments spread over a period of two to five years.

Equity finance

With equity finance a capital sum is injected into the business and the provider of the funds takes an equity share of the enterprise. When the value of the firm increases the stake can then be returned. However, unlike venture capitalists, the expectations and requirements of the providers of public funds are usually less demanding.

It is also worth noting the government Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) which help companies raise finance by providing tax relief to investors who buy a share in your business.

Free or subsidised consultancy

Start-ups can often find themselves in the situation where they are lacking a particular set of skills and there are some specially run schemes which provide this knowledge either for free or at subsidised rates. For instance, the Welsh government runs a business support service offering free, independent advice on starting a business and operates an instant hotline for business queries.

Access to resources

As with a lack of skills, it can be the case that start-ups do not possess the physical resources or facilities they need in order to develop particular projects. In the same way there are a number of initiatives, particularly incubator and accelerator schemes, that can help overcome these concerns by providing access to publicly owned facilities. One such initiative is the department for business, innovation and skills’ (DBIS) GrowthAccelerator which provides advice and coaching to fast-growth businesses with fewer than 250 employees.

Technology and Best Practice transfer

The transfer of technological advances and new best practice initiatives can often take a long time filtering down to smaller businesses. The government has set up schemes which aim to overcome this through business support networks and there is now a number of well-established best practice initiatives such as Investors in People (IIP), which specialises in business tools and resources.

Cost sharing

When it comes to research and development, the costs involved can prevent small firms from taking part. However, by sharing the costs with other businesses, and then sharing the expertise, this problem can be avoided.

To find out more about grants for starting a business, visit our dedicated small business grants channel here.



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Small business grants WordPress Development Agency London & Guildford

Vitesse Media Plc, 14 Bonhill Street, London EC2A 4BX T. 0207 250 7010



Government Grants for Small Businesses

Government Grants, Incentives and funding for business

Incentives SA offers advice and information on a variety of grants available through the DTI in all sectors including SMME’s and Business funding. Government grants for small business .

Grants are available for small business funding, medium sized businesses and large companies with turnovers exceeding R35 million per year.

The Department of Trade and Industry offers a range of incentives and grants to suit your business requirements.

Small, Micro- and Medium-sized Enterprises (SMME) Development Incentives

BBSDP is a cost-sharing grant offered to small black-owned enterprises to assist them in improving their competitiveness and sustainability in order to become part of the mainstream economy and create employment. BBSDP provides a grant to a maximum of R1 000 000 (R800 000 maximum for tools, machinery and equipment and R200 000 maximum for eligible enterprises to improve their corporate governance, management, marketing, productivity and use of modern technology).

The Co-operative Incentive Scheme (CIS) is a 90:10 matching cash grant for registered primary co-operatives (a primary co-operative consists of five or more members who are historically disadvantaged individuals). The CIS is an incentive for co-operative enterprises in the emerging economy to acquire competitive business development services, and the maximum grant that can be offered to one co-operative entity under the scheme is R350 000.

The DTI initiated the ISP as a grant to develop incubators into successful enterprises with the potential to revitalise communities and strengthen local and national economies. The ISP encourages partnerships whereby big businesses assists SMMEs with skills transfer, enterprise development, supplier development and marketing opportunities.

THRIP is a partnership programme funded byВ the dtiВ and managed by the National Research Foundation (NRF). On a cost-sharing basis with the industry, THRIP supports science, engineering and technology research collaborations focused on addressing the technology needs of participating firms and encouraging the development and mobility of research personnel and students among participating organisations.

Industrial Development-Related Incentives

The Manufacturing Competitiveness Enhancement Programme (MCEP) is one of the key action programmes of the Industrial Policy Action Plan (IPAP) 2012/13 – 2014/15. It will provide enhanced manufacturing support aimed at encouraging manufacturers to upgrade their production facilities in a manner that sustains employment and maximises value-addition in the short to medium term. The MCEP comprises two sub-programmes: the Production Incentive (PI) and the Industrial Financing Loan Facilities which will be managed by the dti and the Industrial Development Corporation respectively.

Manufacturing Investment Programme (MIP)

The MIP is a reimbursable cash grant for local and foreign-owned manufacturers that wish to establish a new production facility; expand an existing production facility; or upgrade an existing facility in the clothing and textiles sector.

As part of the Government’s strategy to consolidate small-enterprise support activities since April 2006, the activities of the Godisa Trust, the National Technology Transfer Centre (NTTC), the three business incubators of the dti, the Technology Advisory Centre (TAC), the technology-transfer activities of the Technology for Women in Business (TWIB) programme and the support programmes for small enterprises of the South African Quality Institute were merged into a single programme – the seda Technology Programme (STP).

The SPII is a support programme ofВ the dti, managed by the Industrial Development Corporation (IDC). The SPII is designed to promote technology development in industry in South Africa through the provision of financial assistance for the development of innovative products and/or processes. The SPII specifically focuses on the development phase, which begins at the conclusion of basic research and ends when a pre-production prototype has been produced.

The SSAS is a reimbursable 80:20 cost-sharing grant offering financial support to export councils, joint action groups and industry associations. The scheme comprises two sub-programmes, namely Generic Funding and Project Funding for Emerging Exporters (PFEE). The aim of the SSAS is aligned to the dti’s overall objectives in several respects, as indicated below.

Under the PI, applicants can use the full benefit as either an upgrade grant facility or an interest subsidy facility, or a combination of both. Eligible enterprises include clothing manufacturers, textile manufacturers, Cut, Make and Trim (CMT) operators, Footwear manufacturers, Leather goods manufacturers, and Leather processors (specifically for leather goods and footwear industries).

The FIG compensates qualifying foreign investors for costs incurred in moving qualifying new machinery and equipment (vehicles excluded) from abroad to the Republic of South Africa.

The CTCIP aims to build capacity among clothing and textile manufacturers and in other areas of the apparel value chain in South Africa to enable them to effectively supply their customers and compete on a global scale. Such competitiveness encompasses issues of cost, quality, flexibility, reliability, adaptability and the capabilityВ to innovate.

The CPFP is a cost-sharing programme that contributes to the cost of feasibility studies likely to lead to projects outside South Africa that will increase local exports and stimulate the market for South African capital goods and services.

The South African Government implemented a Business Process Outsourcing and Offshoring (BPO O) incentive programme as from July 2007. Between July 2007 and March 2010, the incentive resulted in the creation of at least 6 000 new jobs and attracted R303 million in direct investment. As part of a process of improving South Africa’s position as an investment destination, a systematic review of the BPO O incentive programme was undertaken with the private sector, resulting in a revised BPS incentive

Trade, Export and Investment Incentives

The dti assists South African exporters by organising National Pavilions to showcase local products at international trade exhibitions. The EMIA scheme bears costs for space rental, the construction and maintenance of stands, electricity and water charges, as well as freight charges, up to a maximum of three cubic metres or two tonnes per exhibitor. Also included are assistance withВ International Trade Exhibitions, Group Outward-Selling Missions and Group Outward-Investment Missions

The CIP is a cost-sharing cash grant for projects designed to improve critical infrastructure in South Africa. The grant covers qualifying development costs from a minimum of 10% to a maximum of 30% towards the total development costs of qualifying infrastructure. It is made available to approved Eligible Enterprise upon the completion of the infrastructure project concerned. Infrastructure for which funds are required is deemed to be ‘critical’: if the investment would not take place without the said infrastructure or the said investment would not operate optimally.

The South African Government offers a package of incentives to promote its film production and post¬production industry, which includes the Foreign Film and Television Production and Post-Production Incentive and the South African Film and Television Production and Co-Production Incentive.  The Foreign Film and Television Production and Post-Production Incentive aims to attract foreign-based film productions to shoot on location in South Africa and conduct post-production activities in the country. The South African Film and Television Production and Co-Production incentive aims to assist local film producers in the production of local content.

The AIS is an incentive designed to grow and develop the automotive sector through investment in new and/or replacement models and components that will increase plant production volumes, sustain employment and/or strengthen the automotive value chain. Eligible Enterprises include Light motor vehicle manufacturers that have achieved or can demonstrate that they will achieve a minimum of 50 000 annual units of production per plant, within a period of three years; or Component or deemed component manufacturers that are part of the Original Equipment Manufacturer (OEM) supply chain and will achieve at least 25% of a total entity turnover of R10 million by the end of the first full year of commercial production as part of a light motor vehicle manufacturer supply chain, locally and/or internationally.



Government Grants

The government grants section has a wealth of articles and advice on how UK small businesses can get a grant from both the public and private sector, along with helpful guides on the different types of business grants and funding available to business owners starting and running a business.

A small business grants guide for 2017

Here, Peter Fleming takes a look at a range of options for funding your business through grants this year.

There are many European and UK-wide government business grant schemes; there are also local business funding schemes provided through Local Enterprise Partnerships (LEPs) or through local authorities and organisations such as the Chambers of Commerce. However there were 512 registered schemes at the last count! So a good place to start your research is on the government website.

Business grants are available at a local and national level and usually sector specific. They offer between £1,000 and £100,000 for SMEs, but funds can be unlimited for larger businesses within EU state aid programmes.

With grants you don’t pay the money back. However, it’s worth noting there will be clawback terms if you falsify claims in respect to expected outputs set by the grant scheme. Therefore, ensure your application is captivating and thorough as it will go through a due diligence process.

Normally there are two stages, submitting an Expression of Interest (EOI) to ensure your business and grant application meets the scope of the grant call and then a full application process whereby you will need to supply, market research, a business plan and at least 1-3 years of financial forecasts.

Throughout the process, you will need to justify there is additionality i.e. not just the reason why you need funding, but by obtaining a grant, how many new jobs you will create, if you’re opening up new markets or export opportunities or that your idea could be a game changer.

It is always worth getting a second opinion regarding the feasibility and strength of your application against the grant objectives and any regional strategic economic plan. Therefore speak to your accountant, a local business adviser or the Growth Hub.

The larger grant opportunities can be competitive and therefore be a long-drawn-out process, taking several months in some cases to receive just an offer. So if you are looking for subsidies and money quickly a grant may not be the right solution for your business.

It is also worth noting if your application is successful, grant moneys are not paid upfront but claimed normally at the back end of the project or even after any intervention is completed.

Therefore you will need to use your own cash reserves and any other funding prior to drawing down the grant money. I have even known businesses take out bridging loans till they have received their grant funds.

Some key areas of your business whereby you could access business advice or a grant;

Business advice and support, whether you are pre-start, a new start or an established business, there are regional Business Growth Hubs across the UK whereby you can obtain free or funded advice. You can normally obtain specialist support to devise a business growth strategy, do market research to create a sales and marketing plan, implement social media management or even get advice on how to apply for further funding.

Note each UK region may have a focus on specific business sectors, business sizes and locations, as eligibility can be even post code specific.

Skills and development government grants

The Skills Funding Agency oversees the current apprenticeship scheme, however on May 1st 2017 the new Apprenticeship Levy scheme starts whereby your business could access subsidised training and development to upskill existing employees to even Master’s degree level.

Many regional Universities, Colleges and further education organisations will be offering a multitude of subsidised short courses or funded degree level programmes which will help you develop your existing staff to be the managers and directors of the future.

If your business is within a rural development area and looking to grow, invest in infrastructure, machinery or seek specialist advice to diversify. Or if your business is involved with forestry and land projects the government have a scheme called LEADER managed through Local Action Groups.

The Carbon Trust Green Business Fund is a new energy efficiency support service for small and medium-sized companies in England, Scotland and Wales.

It provides direct funded support through energy assessments, training workshops, equipment procurement support and up to £10,000 capital contribution towards the purchase of energy saving equipment.

Manufacturing is an area which is increasingly supported through grant schemes. Therefore if you manufacture textiles, specialist tooling, operate in the digital market, within the nuclear supply chain or need support for international trade, or manufacture in many other sectors, there is likely to be a grant scheme that your business can access.

Innovation, Research and Development

Innovate UK, offers support and funding to help businesses develop new products and services and bring them closer to market, this may be to bring people together to share ideas, tackle challenges and make new technological advances.

They targets technologies and areas with the greatest scope to improve business, the economy and society.

Local Enterprise Partnership

For anyone looking for grants at the moment, the go-to people will be their Local Enterprise Partnership (LEP). One of the main functions of the LEPS is to generate economic growth and so many have their own grants programmes.

In addition, most provide some form of business support and advice. As part of the business advice service they collate information on local and national grants and will signpost business owners to the relevant organisations.

Another great source of information is the government ‘Business is Great’ website which has a page dedicated to a number of funds to support innovation.

There is also is an EU tool which does a better job than anything I’ve seen of clarifying what finance is available across the EU including although is does require some persistence in searching to get to the information.

For companies and individuals with ground breaking research which may require significant funding there is also Horizon 2020:

Grant funding is not for everyone but could give your business the boost it needs. Proper preparation, thorough research, getting professional advice and being able to clearly explain why you require your grant funding is more likely to lead to a successful application. And, as a result, help you obtain the financial support for a better, bigger and more profitable business for you.