The grant aims to support the growth and development of new and existing Social Enterprises within the Borough for both Capital & Revenue costs.
Who Can Apply
· The grant is aimed at new and existing Social Enterprise businesses that are located in or relocating to Blaenau Gwent.
· The support is aimed at Small and Medium Sized Businesses e.g. those employing less than 249 people.
· Sole traders, Partnerships, Limited by Guarantee Companies, Co-operatives, Limited Liability Partnerships are eligible to apply.
· The support is aimed primarily at Social Enterprises that have the capacity to add value to the local economy.
Grant Support
· The grant offer is based on up to 50% of reasonable eligible capital and revenue project costs, please note the budget is limited and applications will be assessed on a need basis.
· 50% of eligible and reasonable costs up to a maximum of £25,000 (total project spend at least £50,000).
· Applications for both revenue and capital costs will be accepted.
· Minimum grant £1,000.00 (project spend at least £2,000.00).
· The remaining 50% match funding cannot be money received from another grant; it must be private sector investment.
· All grant project costs must exclude VAT.
To register your interest please click HERE