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    Last update 22/07/2025

    Grants and Government-Backed Loans for Startups in Dacorum (2025 Edition)


    ๐Ÿ”น Local Resources

    Dacorum Borough Council offers a range of support services for businesses, including information on grants and funding opportunities.


    ๐Ÿ”น Key Grant Programmes

    ๐ŸŸข Dacorum’s Den

    A business grant competition offering up to £1,000 to help local entrepreneurs turn ideas into reality.

    • For small businesses or start-ups based in Dacorum

    • Includes mentoring and promotion

    • Applications typically open in early spring

    • Visit: Dacorum’s Den

    ๐ŸŸข Herts Start-Up Programme

    Grants for new and early-stage businesses in Hertfordshire.


    ๐Ÿ”น Government-Backed Support

    ๐Ÿฆ Start-Up Loans

    Government-backed personal loans for business purposes.

    • Borrow between £500 and £25,000

    • Fixed interest rate of 6% p.a.

    • Includes 12 months of free business mentoring

    • Apply at: Start-Up Loans

    ๐Ÿ›  Business Finance Support Finder

    Find national and local funding options tailored to your needs.


    ๐Ÿ”น Regional Support

    ๐ŸŒ Hertfordshire Growth Hub

    Provides diagnostics, advice, and access to regional funding and business resources.
    Website: Hertfordshire Growth Hub


    ๐Ÿ”น Tips for Success

    • Define your goals: Be clear about what the funding is for.

    • Match your stage: Choose schemes suited to your business age and size.

    • Build a business plan: Essential for both grants and loans.

    • Apply early: Many grants are limited or seasonal.

    • Stay connected: Join local networks and sign up for council updates.


    ๐Ÿ“ž Dacorum Borough Council Contact


     

    โ“ Frequently Asked Questions (FAQ)

     

    ๐Ÿ”น Who is eligible for Dacorum’s Den?
    Local entrepreneurs and small businesses with fewer than 10 employees and a turnover under £500,000.

     

    ๐Ÿ”น How do I apply for the Herts Start-Up Programme?
    Visit wenta.co.uk and follow the instructions under “Get Enterprising”.

     

    ๐Ÿ”น What’s the interest rate for Start-Up Loans?
    A fixed interest rate of 6% per annum.

     

    ๐Ÿ”น Can I apply for more than one grant or loan?
    Yes, as long as you meet the eligibility criteria for each programme.

     

    ๐Ÿ”น What documents do I need for a grant application?
    Include a clear business plan, cost breakdown, proof of trading (if applicable), and how the funding will be used.

     

    ๐Ÿ”น Is mentoring available through these schemes?
    Yes. Dacorum’s Den winners receive mentoring, and Start-Up Loans include 12 months of business mentoring.

     

    ๐Ÿ”น How do I stay informed about new grants in Dacorum?
    Check the Council's business support page regularly and sign up for local newsletters and updates from the Growth Hub.

     

     

     

     

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