The SWEF Enterprise Fund Business Grant is currently accepting applications to provide support for young entrepreneurs who are operating a new business within the Cheshire and Warrington regions. The initiative is designed to help cover essential business costs that can facilitate growth and development for new ventures.
Program Objectives
• To support business costs that applicants would otherwise be unable to afford.
• To help businesses make a transformational change and take a significant step forward in their development.
• To provide business grants of up to £2,000 for eligible businesses.
• To support sole traders, limited companies, and CICs limited by shares that have been trading for less than two years.
Eligibility Criteria
• Age Requirement: Applicants must be between 18 and 30 years of age.
• Geographic Location: Applicants must currently live in the Cheshire or Warrington areas.
• Financial Need: Applicants must be facing financial challenges that are preventing them from developing their business.
• Business Stage: The program is for those launching or running a new business that has been trading for under two years.
• Ownership Structure: Applicants must either be the majority shareholder of the business or ensure that all shareholders are between 18 and 30 years of age.
• Banking: A business bank account is required, or applicants must be in the process of setting one up, as grants are only paid into business bank accounts.
Grant Details
• Funding Amount: The SWEF Enterprise Fund awards business grants of up to £2,000.
• Fund Utilization: The grant must be spent within one month of receiving the funds.
Application Process
• Application Form: Applicants are asked to complete the application form as fully as possible.
• Business Plan: Submission of a business plan is not required.
• Reference: A reference must be provided in support of the application. The referee should be someone who knows the applicant’s business and skills, such as a tutor, previous employer, support worker, or mentor, and should not be a spouse, parent, or guardian.
Application Deadline
• Deadline: Ongoing
For more information and to proceed with an application, interested individuals should visit the Cheshire Community Foundation.