Grants and support schemes for businesses

In this blog we look at three new schemes that have been recently announced to support businesses to develop and grow across various sectors.

 

Cyber Runway

This support scheme is designed to help grow the cyber sector, and could help innovative cyber start-ups, small businesses and scaleups to launch and grow their businesses.

Cyber Runway will see entrepreneurs and businesses across the UK get access to business masterclasses, mentoring, product development support, networking events and backing to trade internationally and secure investment so they can turn their ideas into commercial successes.

The Cyber Runway programme is funded by the Department for Digital, Culture, Media and Sport (DCMS) and delivered by Plexal in partnership with CyLon, Deloitte and The Centre for Secure Information Technologies (CSIT).

The programme aims to support at least 160 organisations and companies over the course of six months, and there are clear benefits to be had. Companies participating in DCMS’s cyber growth initiatives in the past have, on average, more than tripled their revenues year on year!

Find out more here: Cyber Runway – Plexal

 

UnLtd Social Entrepreneurs grants

Grants of up to £15,000 plus business support are available to social entrepreneurs that are looking to start or grow an existing social venture; the funding is being made available through the UnLtd.

UnLtd are committed to providing 50% of their awards to Black, Asian and minority ethnic social entrepreneurs, and/or disabled social entrepreneurs. To be eligible applicants need to be aged 16 or over, living in the UK and are looking to fulfil a clear social need and demand.

Find out more here: UnLtd – Awards | Apply For Funding & Support | UnLtd |

 

Help to Grow: Digital

Help to Grow: Digital is a new UK-wide scheme to help small and medium size businesses adopt digital technologies that are proven to increase their productivity.

The scheme will offer SMEs free and impartial advice on how technology can help their business. Help will be given to businesses to identify and implement new technologies. The scheme will also offer eligible SMEs a grant token worth up to £5,000 to cover up to half of the costs of pre-approved, digital technology solutions.

The Help to Grow: Digital scheme will be launched in the Autumn. It will run for 3 years, taking a phased approach over a number of waves. Each wave will provide the opportunity to roll out new technologies and functionalities for SMEs and vendors.

Find out more: Help to Grow: Digital – apply to become a vendor – GOV.UK (www.gov.uk)