Getting a Grant for Your Business

2. National and Regional Grants

National and regional grants usually focus on particular business purposes or activities. These themes are:

2.1 Investment - there are regional grants that support growth through capital investment and job creation.

• The location of your business may entitle you to a grant. You may be eligible for a range of targeted grants and support from both the UK Government and the European Commission (EC) if your business is in an economically depressed area, especially if it is one with high unemployment. These areas include those in general industrial decline, those where major traditional industries such as steel, coal, textiles and fishing have collapsed, and some rural and inner-city areas.
• There are several different tiers of funding which reflect both the relative economic needs of different regions, and the size of the enterprise. At present, Cornwall, West Wales and the Valleys get the most support.
• Businesses in areas which receive support may secure SFIE (Selective Financial Investment for England) and Regional Selective Assistance (RSA) in Wales, which provides partial funding towards projects.

2.2 Innovation - there is a wide range of grant schemes that encourage research and development (R&D) activities.

• A comprehensive range of funding is available through Department for Business, Enterprise and Regulatory Reform programmes. These can offer support from investigating an idea through to proof of concept and development. Visit www.berr.gov.uk/innovation.
• R&D grants that focus on specific industries are periodically launched (eg the Carbon Trust, DEFRA and WRAP have all launched such grants).
• Various EU programmes provide funding to small and medium-sized businesses wanting to take part in EC research framework programmes in the field of science and technology. Visit .
• R&D activities can be supported by grants that cover the cost of high-level researchers. Such schemes can be EU or UK sponsored and can encourage collaboration with academic institutions.

2.3 Energy and the environment - these schemes recognise the additional cost for businesses that adopt or engage in investments that improve energy efficiency and environmental improvements.

• R&D programmes are available to companies working on developing energy and environmental products.
• Grant schemes may be available for new or refurbished buildings that aim to improve energy use.

2.4 Training.

• Assistance to develop the skills and capability of staff is generally provided through the Learning and Skills Council (). Business Link may also be able to assist ().