Business Support Grants
Our grant schemes support start up business and companies already trading or investing in the county borough.
Each grant scheme has specific eligibility criteria. Applicants should refer to the particular grant scheme guidance before applying.
Contact
Business Development Grant
The Business Development Grant will support Small and medium-sized enterprises (SMEs) in Bridgend County Borough to diversify, decarbonise and grow which will contribute to creating a vibrant and strong local economy.
Areas covered:
Whole county borough
Grant Rate:
Provides 50% of eligible capital projects costs. The minimum grant is £5,000 and the maximum grant available is £25,000 (excluding VAT). So, the maximum project cost is £50,000 (excluding VAT).
Business Feasibility Grant
A feasibility study is a preliminary exploration of a proposed project or undertaking to determine its merits and viability. A feasibility study aims to provide an independent assessment that examines all aspects of a proposed project, including technical, economic, financial, legal, and environmental considerations.
The Business Feasibility Grant is to support businesses to explore feasibility of longer-term options to diversify, decarbonise and grow including:
- Before purchasing a piece of machinery, the study could determine the market for increased production or new product is financially viable.
- Explore using space in retail, hospitality to introduce new service / product e.g. new hotel spa
- Cost benefit analysis to introduce green procurement
Areas covered:
Whole county borough
Grant Rate:
Provide 100% of eligible revenue project costs. The minimum grant available is £5,000 and the maximum grant available is £25,000 (excluding VAT). Therefore, the maximum cost of the project is £25,000 (excluding VAT).
Tourism Events Support Fund
The Tourism Event Support Fund is currently closed to new Expressions of Interest. Please email events@bridgend.gov.uk to be notified when it reopens.
Outputs and outcomes
There are specific outputs and outcomes which need to be delivered by UKSPF projects and these outputs and outcomes will be monitored and reported.
The Business Development Grant and Business Feasibility Grant are funded by the UK government through the UK Shared Prosperity Fund.
Business Start-up Fund
This is a flexible grant scheme delivered through a partnership with UK Steel Enterprise and Bridgend County Borough Council. It provides financial assistance to new or existing micro-businesses that are located, or are planning to locate, in Bridgend County Borough.
Strategic Regeneration Grants
Our current grants support commercial property improvements that will regenerate and improve town centres (Bridgend, Porthcawl and Maesteg) and the district centres and local service centres in the valleys of the Llynfi, Garw and Ogmore.