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Grants and funding for businesses

See also:

Small Business Growth Grant (and Apprenticeship Grant) Funding

Applications for the Small Business Growth Grant and Apprenticeship Grant are open to Businesses located and trading in Adur.
Funding for businesses based in Worthing is likely to renew in 2019.

Adur & Worthing Business Partnership (AWBP)

Adur & Worthing Councils, in partnership with Adur and Worthing Business Partnership, are pleased to announce a second round of the highly successful Small Business Grant and Apprenticeship Grant Funding, for micro and small businesses in the Adur and Worthing area. These grants aim to encourage growth and expansion of the local economy, leading to new employment opportunities. The grants also aim to facilitate spend using local suppliers and retailers, ensuring these are prioritised over national chains and discount sellers.

An Awards Panel founded by representatives from the local business community meet on a monthly basis to review applications that have successfully met the minimum eligibility criteria.

Grant applications will be processed on a first come first served basis. Only one application is allowed per funding round.

Small Business Growth Grant

The Small Business Growth Grant is available to local micro businesses of up to 10 employees. Grants of up to £2,500 are available, with a 50% match funding contribution required (exclusive of VAT).

For example, if you want to purchase some equipment that costs £1,500 - a contribution of £750 would be required from your own funds and you can apply for £750 from the grant fund. Any added VAT would not be refunded and is not counted within the project cost.

You must be able to demonstrate how the project will develop your business and what difference it will make.

Payment will be retrospective. Applicants will need to ensure they have total funds available upfront and are in a position to commence the project straight away. Once approved, applicants will also be required to supply relevant paid invoices within 30 days.

First - read the Small Business Growth Grant criteria information:

Then if you meet the criteria:

Apprenticeship Grants

The Apprenticeship Grant is available to individual businesses of up to 50 employees. A one off payment of £1,500 per apprentice is available towards the cost of taking on an apprentice. Individual businesses can apply for up to two grants.

First - read the Apprenticeship Grant criteria information:

Then if you meet the criteria:

About these grants

Businesses are classified as those seeking to make a profit and performing a business function. Unfortunately Registered Charities are not eligible for this funding.

The Panel reserves the right to explore any data in the public domain and request additional information from directors, suppliers and company accountants to satisfy authenticity. The Panel reserves the right to reject any application in its absolute discretion where there are inaccuracies or the panel cannot verify information.

The grant is made on the strict condition that in the event the funds are not deployed to the specified project, using the approved supplier(s)/providers, the grant obtained must be repaid. any financial liabilities to suppliers/providers arising from this action will transfer to the grant applicant.

If you would like to discuss either of the above grants please contact:

About these grants

The scheme is being delivered by the Adur & Worthing Business Partnership and businesses will be on the Awards Panel, helping to decide which applications are successful.

If you would like further information on either of the above grants, please email:

See also:

To find information on other funding options for businesses in our area see the:

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Coast to Capital

Loan & Equity Funding Schemes

Coast to Capital LEP is funding a series of Loan & Equity Schemes called the Coast to Capital Funding Escalator. The Escalator supports business growth and job creation.

For more information please see:

Coast to Capital LEP Area Growth Grant Programme 2018-2019

The Coast to Capital LEP area Growth Grant Programme is a capital equipment (capex) grant. The grant provides last resort investment to part-fund projects undertaken by innovative, high growth small and medium sized enterprises (SMEs) and social enterprises in the Coast to Capital LEP area.

For more information see:

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Start-Up loans for young people (18 to 29)

Please see the website below for information on Start-Up Loans for Young People (18 to 29) and businesses that are less than a year old and still in a start-up phase.

This is a government-backed initiative to provide funding and free mentoring:

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Regional Growth Fund Round 6

The Regional Growth Fund (RGF) is a £3.2 billion fund that supports projects and programmes that are using private sector investment to create economic growth and sustainable employment.

For further information please see:

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Research and Development Grants for SMEs

Smart is a grant scheme which offers funding to small and medium-sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology, from which successful new products, processes and services could emerge.

The scheme supports SMEs carrying out R&D which offers potentially significant rewards and that could stimulate UK economic growth.

For further information please see:

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Energy Efficiency Fund

The British Gas Energy Efficiency Fund is designed to help micro-businesses manage their energy costs in the long-term, by providing free expert advice and energy efficiency measures.

Eligible businesses will receive a free on-site energy survey, as well as fully-funded installations of energy saving measures valued up to £6,000 per business. For further information please see click the link below:

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