Grants of up to £500 for young people in Cumbria who are launching a new business.
Donor
SWEF Enterprise Fund
Who can apply?
• be aged 18 to 30 and currently live in the county of Cumbria
• have a business that is either not yet trading (with plans to start within three months of the application), has been trading for less than two years with monthly revenue below £500
• be experiencing financial challenges that are preventing business development
• be either the majority shareholder of the business or, where applicable, all shareholders must be aged 18 to 30
• have a business bank account or be in the process of setting one up
Your application form must show that:
• your business idea has the potential to be profitable and to be your sole work focus
• you have enough relevant experience and/or training to potentially succeed
• you have specific plans for how you will spend the grant, such as web links and costs for the items requested
What the fund will support:
• equipment that will help achieve increased profit
• materials or stock
• prototypes and product development
• building a website or booking system
• training
• other business costs that will make a significant impact
• goods or services to be purchased using the grant ideally should be sourced from UK businesses
What the fund will not support in addition to our normal exclusions:
• salary or living costs e.g. rent or utilities
• debt repayment
• new computers, phones, tablets (we can consider second-hand or refurbished versions)
• app development or software development costs – apps/software should be ready to launch or already launched at the point of applying to SWEF (we can consider wireframes)
• invasive beauty treatment such as botox, aesthetics, semi permanent makeup, facial tattoos, dermal fillers
How much can you apply for?
Grants will normally be up to £500.
How to apply
Please complete the online application form here. Grants are considered on a rolling basis.
If you would like further information about this fund please contact:
Tracy Cheesbrough on 01900 825760 or email grants@cumbriafoundation.org