Grant News

£1 Million Fund to Help Economically Inactive & Unemployed Individuals to Start Up a Business (Wales)

The Welsh Government has launched a £1 million fund to help economically inactive and unemployed individuals to start up a business in Wales.

The Barriers to Start Up Grant will award grants of up to £2,000 to enable people not in education, employment or training to overcome barriers to starting their own business. The grant will come as a part of a package of support that will include one-to-one advice and webinars to build confidence in business practices and develop plans for starting a business.

Applications are encouraged from: disabled people, women, Black, Asian and Minority Ethnic people, and young people aged 18-24 not in education or training.

The grant will be available until the end of March 2022 and applicants should submit an expression of interest in the first instance.

Applicants will need to download and complete an expression of interest (EOI) document and once completed the document must be returned to BarriersSUG@BusinessWales.org

13th January 2022