With hundreds of business grants available, main grants sources usually come from the UK government or your local authority. These schemes can help reduce costs for resources and will usually cover a range of awards or sums of money. The most common grant is a direct grant, where money is provided for small businesses or start-ups helping to cover the expenses of a project. Business grants are a great way to help you achieve your business goals, however funding opportunities can vary so it is important to consider your location, sector and if you meet requirements to apply. Direct grants are available for small businesses across the UK which you often do not have to pay back but on the scheme, you may need to match the grant amount you’re willing to invest. The government has a page on finance and support for businesses available here.
