Grants & Funding

Whether you are considering starting in business, a recent start-up or an established company, this section contains information and links on funding relevant to you. Before searching for what finance and grants might be available to your business, it is worth reading this general advice on business finance.

The Council does not provide grants for business start-ups and usually most start-ups are expected to find their own funding.

Useful links for Businesses

A range of support and funding opportunities are available to businesses and people in the Oadby and Wigston Borough Council area. For more information follow the links listed below.

Support and Funding Opportunities

Gov.uk Business finance and support finder

The Gov.uk Business finance and support finder allows businesses to search for publicly-backed finance (e.g. loans, grants, investors) or support (e.g. mentoring, consultancy, initiatives) available for businesses.

Voluntary Action Leicestershire- The Funding Toolkit

The Leicestershire Funding Toolkit contains a range of useful information for voluntary/ community groups, including a Funding Database, which you can register on to search for potential sources of funding for your community group/project.

Leicester and Leicestershire Enterprise Partnership- Funding Pages

The Leicester and Leicestershire Enterprise Partnership (LLEP) details funding streams available, including LLEP funding, European funding and National funding.

Funding Circle

Funding Circle is a peer-to-business lending platform connecting businesses and investors, where businesses can get business loans and investors earn returns on their investments. Funding Circle has funded over £200m in business loans so far. The British Business Bank programme has also confirmed that it is making a new £40 million investment through peer-to-peer lender Funding Circle.

Assetz Capital

Assetz Capital is a peer-to-peer lending community which believes in a fairer world for investors and borrowers. Assetz Capital is the link between investors who have cash and borrowers who need cash to invest in their projects and future growth.

Accountant Directory

Accountant Directory is an online advertising directory listing qualified financial professionals in the UK and Northern Ireland.

Prince’s Trust

The Prince’s Trust is a youth charity that helps change young lives. The Prince’s Trust gives practical and financial support, developing key workplace skills such as confidence and motivation. The Prince’s Trust offers Development Awards which are cash grants of up to £500 to help young people get into education, training or employment. Support is available in the East Midlands through the East Midlands regional pages.

PRIME

The Prince’s Initiative for Mature Enterprise is dedicated to providing everyone over 50, who is unemployed or under threat of redundancy, with the support to achieve financial, social and personal fulfilment through sustainable self-employment.

GrowthAccelerator

GrowthAccelerator is a partnership between private enterprise and government. GrowthAccelerator matches experts to work closely with your business to discover fresh, powerful insights into your growth.

MAS (Manufacturing Advisory Service)

The MAS (Manufacturing Advisory Service) is funded by BIS (Department for Business, Innovation and Skills). The MAS provides manufacturing business support for companies based in England, helping them to improve and grow. Through MAS businesses can access a grant of between £300 and £3,000 towards your next improvement project.

Funding Central

Funding Central is a free website for charities, voluntary organisations and social enterprises - providing access to thousands of funding and finance opportunities, plus a wealth of tools and resources supporting organisations to develop sustainable income strategies appropriate to their needs.

Skills for Enterprise

Skills for Enterprise is Leicester's leading provider of enterprise and learning solutions for entrepreneurs and those who want to develop new skills to enhance their career prospects or to achieve personal goals. Skills for Enterprise offer start-up loans for young people. The Start-up Loans for Young People initiative is aimed at those individuals between the ages of 18–24 years of age who have a business idea but require access to finance to make the idea happen. Individuals with a viable business idea will be supported by business mentors locally to help with the development of a business plan and financial forecasts in readiness for submitting the loan application.

English Woodland Grant Scheme

The Forestry Commission through the English Woodland Grant Scheme offers a variety of grants for woodland management projects.

eBusiness Club

The eBusiness Club is a virtual support network created to help make the best use of Information and Communication Technologies (ICT) to boost business performance.

Leicestershire Rural Partnership

The Leicestershire Rural Partnership (LRP) was established to enable partners to work more effectively together to deliver improved services to rural areas. The webpage offers advice on current projects and grants available to business. The Village Shop Support advice grant offers retailing business support delivered in four ways; online support 24/7, 121 email and telephone support, face to face support or grant support.

National Apprenticeship Service (NAS)

The National Apprenticeship Service (NAS) supports, funds and co-ordinates the delivery of Apprenticeships throughout England. Apprenticeship Grants for Employers of 16 to 24 year olds (AGE 16 to 24) is aimed at supporting businesses to grow by employing young people through the apprenticeship programme. AGE provides grants to employers to support them to do this.

Better Business for All- Business Start Up Brochure

The Better Business for All partnership has produced a Business Start Up Brochure which explains the purpose of regulators with which businesses may come across and gives contact details for them in order to ensure your business is compliant with the law.

Business Advice Scheme

The Institute of Chartered Accountants of England and Wales (ICAEW) Business Advice Scheme (BAS) offers businesses a free advice session with a qualified ICAEW chartered accountant. Advice will be available on a range of topics from securing loans, capital and finance, to debt management and other legal issues.

The Start-Up Donut

The Leicestershire Chamber of Commerce own Start-Up Donut details everything you need to know about setting up and establishing a small business and advice from experts in their fields.

Leicestershire Chamber of Commerce - Business Support Pages

The Leicestershire Chamber of Commerce has links to a series of business support options on the page listed above.

Broadband

Broadband Leicestershire

Leicestershire County Council’s vision for broadband in Leicestershire is ‘Working with our partners we want to deliver super-fast broadband to all premises in Leicestershire by 2017. Initially we will seek to deliver to over 90% by 2015 with the Final 10% receiving at least 2Mbit/s’. For more information access the link above.

Property Search

Leicester and Leicestershire Enterprise Partnership – Property Search

The Leicester and Leicestershire Enterprise Partnership (LLEP) property search allows the user to search for empty properties in the Leicestershire area.