Funding Opportunities in Pembrokeshire: Grants & Loans for Startups & Small Businesses

Pembrokeshire County Council fosters a supportive environment for entrepreneurs and businesses. Explore the range of grants and government-backed loans available to propel your business goals.

Grant and Loan Programs

Grants

Pembrokeshire Business Start-Up Grant
Offers support for new businesses within the county to cover initial costs.
Pembrokeshire Business Start-Up Grant
Business Growth Grant
Provides funding for established businesses aiming to expand and create employment opportunities.
Business Growth Grant
Youth Enterprise Grant
Targets young entrepreneurs aged 18-30, offering financial support to launch their business ideas.
Youth Enterprise Grant
Carbon Reduction Grant
Supports businesses in adopting energy-efficient and low-carbon technologies.
Carbon Reduction Grant

Government-Backed Loans

Start Up Loans Wales
Provides government-backed personal loans and mentoring for new businesses in Wales.
Start Up Loans Wales
Development Bank of Wales
Offers various loan and equity investment options to support Welsh businesses at different growth stages.
Development Bank of Wales

Key Resources

Business Wales
The Welsh Government's business support service provides information and guidance on funding, starting, and growing a business.
Business Wales
Pembrokeshire County Council - Business Support
The council's website offers details on local business support programs, including funding opportunities.
Pembrokeshire County Council - Business Support

Advice on Applying

Contact Business Wales or Pembrokeshire County Council: Reach out to them for guidance on the most suitable funding options for your business.
Check Eligibility: Review the eligibility criteria carefully for each grant or loan program to ensure your business qualifies.
Prepare a Strong Application: Submit a well-structured application with a clear business plan, financial projections, and a detailed explanation of how you'll use the funding.
Meet Deadlines: Be aware of submission deadlines and ensure you submit your application on time, as late applications may not be considered.

Council Contact Details

Website: Pembrokeshire County Council
Phone: 01437 764551
Email: contactcentre@pembrokeshire.gov.uk

Frequently Asked Questions (FAQ)

What types of businesses are eligible for the Pembrokeshire Business Start-Up Grant?
- Eligibility includes newly established businesses within the county looking to cover essential startup costs.
How much can I apply for with the Business Growth Grant?
- Businesses can apply for funding that covers up to 50% of eligible expansion costs, with the grant amount varying based on the project scope.
Are there specific requirements for the Youth Enterprise Grant?
- This grant is available to entrepreneurs aged 18-30 and requires a detailed business plan outlining the intended use of funds.
What expenses does the Carbon Reduction Grant cover?
- The grant assists with costs related to implementing energy-efficient technologies and practices within your business.
How long does it take to receive funding after applying for a Start Up Loan in Wales?
- The processing time can vary, but applicants can generally expect a decision within a few weeks after submitting a complete application.
Can I combine grants from Pembrokeshire County Council with other financial aids?
- Yes, combining different forms of financial support is often possible, though it's important to disclose all funding sources in your application.
What is the maximum loan amount offered by the Development Bank of Wales?
- The Development Bank of Wales can provide loans and equity investments ranging from £1,000 up to £5 million, depending on the business stage and needs.
What support does Business Wales provide for applicants?
- Business Wales offers comprehensive support, including help with application preparation, financial advice, and post-funding mentoring.
Are there any grants available for non-profit organizations in Pembrokeshire?
- Non-profits may be eligible for specific grants aimed at community projects and social enterprises; details can be found on the

Value AD

CAN BE

ALTERNATIVE

INVESTMENT

What is Value Ad?

Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.

How is it a Win-Win Deal?

For New Businesses:

Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.

Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.

For Service Providers:

Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.

Marketing Efficiency: By providing affordable services, service providers do not need to spend heavily on marketing to acquire new customers. The discounted services themselves become a powerful marketing tool, bringing in customers who can spread the word and enhance the provider’s reputation.

Growth and Expansion: Attracting more customers through Value Ad helps service providers expand their client base and build long-term relationships, which can lead to increased revenue and business growth.

Alternative Investment for New Businesses:

For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.

Benefits for Service Providers:

Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:

Building Traction: Demonstrating product or service viability to potential investors.

Securing Funding: Enhanced customer traction and a growing user base can make the service provider more attractive to venture capitalists and other funding sources.

Market Penetration: Establishing a presence in the market quickly and efficiently without heavy marketing expenditures.

In Summary:

Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.

Value AD

CAN BE

ALTERNATIVE INVESTMENT