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Business Funding

Funding for businesses can come from a wide variety of sources. Use the links and resources on this page to find appropriate financial support for your initiative. 

Funding for business development can help you get your idea off the ground, help your organisation grow or enable programmes and policies for community development and sustainability.

Funding (2)

  

Vale Business Start-Up and Early Growth Bursary

The Vale of Glamorgan Council continue to be fully committed to supporting economic development and businesses throughout the county and have successfully secured funding to deliver the Vale Business Start-Up and Growth Bursary, which is funded by UK Government via the Local Growth Fund.
 
The Vale Business Start-Up and Early Growth Bursary purpose is to promote the conditions and provide funding for individuals, groups, and early-stage businesses intending to start, implement or grow a business or community enterprise  in the Vale of Glamorgan.

 

For more information

   

The SME Low Carbon Grant Programme

The SME Low Carbon Capital Grant Programme is funded through the Local Growth Fund for Wales and delivered by Vale of Glamorgan Council to support small and medium-sized enterprises (SMEs) to invest in low‑carbon energy technologies.  

The fund will provide capital grants covering up to 50% of eligible project costs, with businesses required to contribute a minimum of 50% match funding. Grant amounts will be between £1000 and £20,000.

 

For more information

 

Shared Prosperity Fund

The Shared Prosperity fund is now fully allocated, and applications are now closed.  For more details on how the fund was allocated from 2022-2025, please explore this case study document.

 

Although the Vale of Glamorgan does not endorse or recommend any specific funding source, we have gathered together links to several of the more common funding resources to assist your search.

 

  • Finance Finder
    Use the Business Wales Finance Finder to find finance options relevant to your business.
  • Find a grant   
    Find a grant is a service that allows you to search government grants.
  • Development Bank of Wales  
    Helping businesses get the loans and investment they need to start up, strengthen and grow.
  • Rural Funding Schemes 
    Funds to develop community projects, your business or other initiatives in the rural areas of the Vale
  • Arts Funding 
    Explore grants to support arts organisations based and primarily working in Wales. 
  • Robert Owen Banking  
    Access financing and loans for businesses and community initiatives
  • Community Facilities Grant  
    Find capital grants to improve community facilities that prevent or tackle poverty and its effects.
  • Purple Shoots 
    Find out more about small business loans to cover start up costs and mentoring services.

 

 

Tourism focussed 

  • Wales Tourism Investment Fund (WTIF) 
    This fund brings together both commercial and grant funding into one combined package of financial support to provide capital investment for the sector.   
  • Vale of Glamorgan Events Grant Scheme 
    Grant funding to support events in the Vale of Glamorgan.

 

 

For more information on community grants and support please visit: Creative Communities 

 

The links provided here are not exhaustive, they are provided for reference only and should not be considered an endorsement of any of the providers. Many other sources of funding exist that may represent a good choice for your initiative, for example, loans from banks and crowdfunding. 

 

Get in Touch

Should you still have questions after visiting the site, please call or email the economic development team for assistance.