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Finance, Funding & Grants
As new and young businesses will require finance to grow, AD:VENTURE can offer assistance with a variety of financial support including access to grants and loans.
You’ll be given impartial advice to help you decide what the best finance option for you and your business really is. You’ll get support from your adviser on finance options you might want to consider and assistance navigating the funding landscape, helping you achieve your growth goals.
AD:VENTURE GROWTH GRANT – For businesses trading up to 3 Years
The Business Growth Grant supports young businesses that trade primarily with other businesses (B2B) and who have ambitions to grow the business by building a team.
The Business Growth Grants are available to support capital growth costs, with businesses required to contribute a minimum of 50% of eligible costs.
Businesses must be able to show they have the aspiration and capacity to grow and create employment.
Growth ambition should be evidenced with a sound business plan or summary (Dependant on level of application) and a cash-flow forecast.
Growth Grant Step ONE - Grant funding available between £1,000 - £4,999 - Please see full guidance HERE
Growth Grant Step TWO - Grant funding available between £5,000 - £25,000 - Please see full guidance HERE
ONE TO ONE GRANT CLINICS AVAILABLE NOW!
If you are considering a Growth grant and would like to discuss your eligibility and project viability we are offering grant clinics every Monday between 2pm and 4pm from the 16th January 2023
To book your spot, simply email the grants team using this LINK, and add details of your business and a brief summary of requirements as highlighted in the email template.
Please note you MUST be registered on the programme to access the Growth Grants and will need to discuss your business and your plans with an adviser who will determine your suitability.
Business Enterprise Fund
The Business Enterprise Fund (BEF) is a social enterprise that supports small businesses with flexible finance to help them thrive and grow.
Start Up Loans Overview
BEF are Delivery Partner for the Government's Start Up Loans Programme. Start Up Loans are designed for emerging and growing businesses from pre-start to 3 years trading.
Loan detail:
£500 to £25,000 per director (£100,000 maximum per business)
Personal Loan - Unsecured
6% Fixed Interest
Loan Term up to 5 years
No penalty for early repayments
Mentor support on offer for the first 12 months.
Watch our video case study to see how Amity Brew Co accessed a range of funding including the Business Enterprise Fund start up loan, a business resilience loan and AD:VENTURE Business Growth Grant to boost their business growth!
To access any of these products, please register for the AD:VENTURE Business Growth programme using the button below, and if you are eligible for support, your AD:VENTURE business adviser will assist you in applying.
