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Business Support Grants

Our grant schemes support start up business and companies already trading or investing in the county borough. 

Each grant scheme has specific eligibility criteria. Applicants should refer to the particular grant scheme guidance before applying.

Business Development Grant

The Business Development Grant will support Small and medium-sized enterprises (SMEs) in Bridgend County Borough to diversify, decarbonise and grow which will contribute to creating a vibrant and strong local economy.

Areas covered: 
Whole county borough

Grant Rate: 
Provides 50% of eligible capital projects costs. The minimum grant is £5,000 and the maximum grant available is £25,000 (excluding VAT). So, the maximum project cost is £50,000 (excluding VAT).

Guidance Notes - Business Development Grant

Business Feasibility Grant

The Business Feasibility Grant is to support businesses to explore feasibility of longer-term options to diversify, decarbonise and grow including: -

  • Preparation of plans and studies, e.g. Business Plans/Feasibility Studies
  • Before purchasing a piece of machinery, the study could determine the market for increased production or new product is financially viable.
  • Explore using space in retail, hospitality to introduce new service / product e.g. new hotel spa
  • Cost benefit analysis to introduce Green procurement

Areas covered:
Whole county borough

Grant Rate:
Provides 100% of eligible revenue projects costs. The minimum grant is £5,000 and the maximum grant available is £25,000 (excluding VAT). So, the maximum project cost is £25,000 (excluding VAT).  

Guidance Notes - Business Feasibility Grant

Tourism Events Support Fund

The Tourism Events Support Fund will provide financial assistance to Tourism Events which are defined as ‘events that have the ability to attract visitors from outside the Bridgend County Borough and potentially stay overnight’.

The Tourism Events Support Fund is open to organisers of tourism events taking place within Bridgend County Borough between April 2024 and January 2025 that have the potential to attract staying visitors from outside the area and will be actively marketing outside the area to reach those markets. 

Priority will be given to events which are new to Bridgend County Borough or events which can demonstrate significant potential for growth. Existing events will be considered for support where the applicant can demonstrate how they intend to add value based on previous years for example by increasing capacity, adding new elements to the event or by introducing spin off or complimentary events.

Area covered:
Whole county borough

Grant rate:
The Tourism Events Support Fund has two tiers, subject to available funding:

  • Tier 1 - Grant Rate - Up to 50% of eligible revenue costs
    Maximum Grant - Up to £2,500 (excluding VAT)

  • Tier 2 - Grant Rate - Up to 20% of eligible revenue costs
    Maximum Grant - Up to £10,000 (excluding VAT)

Tourism Events Support Fund Guidance Notes for Applicants

Outputs and outcomes

There are specific outputs and outcomes which need to be delivered by UKSPF projects and these outputs and outcomes will be monitored and reported.

The Business Development Grant and Business Feasibility Grant are funded by the UK government through the UK Shared Prosperity Fund.

Business Start-up Fund

The Business Start-up Fund is now CLOSED.

This is a flexible grant scheme delivered through a partnership with UK Steel Enterprise and Bridgend County Borough Council.

Business Start-Up Fund Guidance Notes for Applicants

Strategic Regeneration Grants

Our current grants support commercial property improvements that will regenerate and improve town centres (Bridgend, Porthcawl and Maesteg) and the district centres and local service centres in the valleys of the Llynfi, Garw and Ogmore.

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