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Where to get grants -
29-07-2004, 04:02 PM
Grants - where to get them
It is not possible to say exactly how many grants schemes there are out there. The Enterprise Advisory Service’s main database usually contains over 3,000 at any open time not including those offered by local authorities.
Here are some places that may help
European grants
The European Union is a huge source of funds for businesses of all sizes, and the money is usually distributed through the European Commission. This body administers a number of schemes through what are known as Structural funds. There are also specific grant schemes such as for business involved in agriculture for example.
National government grants
Grants for small firms come from both the UK government but also the Scottish Parliament, Welsh and Northern Ireland Assemblies and each of these has its own departments and agencies, which hand out the money based on their own criteria and objectives. There are over one hundred of these bodies but among the most important are:
Department of Trade and Industry
Department for Education and Employment
Department of Environment, Transport and the Regions
Industrial Development Board – Northern Ireland
Scottish Executive
Welsh Development Agency
Countryside Agency
Enterprise Ireland
Industrial Research & Technology Unit
Local grants
In addition to the local government authorities, which are also potentially be a source of funding, there are also a number of locally based agencies and organisations which have been established specifically to support and encourage enterprise at local level. Examples of these include the likes of Business Link an the Small Business Service.
Grant eligibility
Each grant scheme has its own set of criteria to determine whether a firm or project is worthy of its money. There is no business or industry sector which is excluded from applying for assistance, The vast majority of schemes apply without major restrictions but on those that do eligibility tends to fall into three main categories – location, size and industry.
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