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Business Growth Grant

Unlock Your Business Potential with the Business Growth Grant

Why Apply?

Are you a micro business or SME in Dumfries and Galloway looking to expand, innovate, and thrive? The Business Growth Grant is here to help you achieve your goals! 🚀

This discretionary grant fund is designed to support the growth of both new and existing businesses. Whether you’re aiming to create new jobs, reduce energy usage, or move towards net zero carbon emissions, this grant can provide the financial boost you need.

What You Get

  • Grants from £5,000 – 20,000
  • Up to 50% of eligible project costs covered (excluding VAT)
  • Payment upon evidence of expenditure

Eligible Projects

You can apply for funding for a variety of projects, including:

  • Capital Equipment: Invest in new machinery or specially adapted vehicles.
  • Consultancy Support: Develop an international marketing strategy or create bespoke business software/IT systems.
  • Digital Development: Purchase industry-specific software, cover app development costs, or upgrade your IT hardware.
  • Exhibition Support: Get help with costs for domestic or overseas trade shows and industry exhibitions.
  • Infrastructure Improvement: Make net zero adaptations or expand/convert your office or workspace.
  • Training Support: Improve skill levels in your business to boost productivity and efficiency.

Are You Eligible?

To qualify, your business must:

  • Be a start-up or existing business, sole-trader, Partnership, or Limited Company, includes social enterprises.
  • Operate from dedicated commercial premises or be home-based in Dumfries and Galloway.
  • Be a micro, small, or medium-sized enterprise as defined by the Companies Act 2006.
  • Have a turnover above the current VAT threshold or expect to reach at least £90,000 within 12 months.
  • Aim to create jobs, increase turnover by 10%, or work towards a net zero plan within 12 months.
  • Terms and Conditions apply – see Applicant Guidelines.

Ready to Grow?

Don’t miss this opportunity to take your business to the next level. Click Learn more below for full terms, conditions and guidelines.

The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025. The Fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills. For more information, visit https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus

 
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