The Blaenau Gwent Business Development Grant is funded by UK Government’s Shared Prosperity Fund and managed by Blaenau Gwent County Borough Council. The Business Development Grant aims to support the growth and development of new and existing businesses in Blaenau Gwent.
WHO CAN APPLY
- Blaenau Gwent based businesses or businesses relocating to the area
- Small and Medium Sized Businesses e.g. those employing less than 249 people
- Sole traders, Partnerships, Limited Companies, Co-operatives, Limited Liability Partnerships
- The grant is aimed primarily at manufacturing businesses and businesses servicing the manufacturing sector, other sectors that have the capacity to add value to the local economy will be considered.
- Businesses with projects that meet at least one of the below key project deliverables.
KEY PROJECT DELIVERABLES
Applications will be assessed and scored against the following key outputs of the scheme (at least one priority must be met).
- Jobs created (including apprenticeships)
- Jobs safeguarded
- Economic Impact i.e. local supply chain opportunities
- Green Energy & Decarbonisation
- Growth, Increase in turnover, future proofing
- Use of Innovation & Technology to improve productivity or Service
GRANT SUPPORT
- 50% of eligible and reasonable costs up to a maximum of £50,000.
- Applications for both revenue and capital costs will be accepted.
- Minimum grant £2,500 (project spend at least £5,000)
APPLICATION DEADLINE IS 31ST OCTOBER 2024. IF APPROVED, ALL GRANT MONIES MUST BE CLAIMED BY 20TH DECEMBER 2024.
For full details on eligibility and the application process please click on the link.
To register your interest please click HERE