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    Last update 19/07/2025

    2025 Grants and Loans for Small Businesses in Barnet, UK

    Looking to start or grow a small business in Barnet? This guide covers the latest grants, government-backed loans, and local support available in 2025, whether you're just launching or scaling up.

    We’ve structured everything for clarity, with full links, simple headings, and extra spacing for easy web reading.


    πŸ’Έ Available Grants (2025)

    πŸ”Ή Barnet Community Grants Programme

     

    πŸ”Ή Business Association and Town Team Grant

     

    πŸ”Ή Innovate UK Innovation Loans (Round 20)

     

    πŸ”Ή Enterprise Capital Funds (via British Business Bank)


    πŸ’Ό Government-Backed Loans

    πŸ”Ή Start-Up Loans (British Business Bank)

    • Loan Size: £500 to £25,000 (up to £100,000 for businesses with multiple founders).

    • Interest: Fixed 6% per year.

    • Includes: 12 months of free mentoring.

    • Apply:
      πŸ‘‰ https://www.gov.uk/apply-start-up-loan

     

    πŸ”Ή Growth Guarantee Scheme (Previously Recovery Loan Scheme)

     

    πŸ”Ή Enterprise Finance Guarantee (EFG)


    πŸ›οΈ Local Council Support (Barnet)

    πŸ”Ή Wenta Start-Up Support (via UKSPF)

     

    πŸ”Ή Digital Barnet Programme

     

    πŸ”Ή Apprenticeship & Workforce Support


    βœ… Eligibility Guidance

    • Use the official GOV.UK Business Support Finder to search for funding by location, industry, or size.

    • Contact Barnet Council or Wenta for help understanding local options and eligibility.

    • For innovation projects, explore Innovate UK criteria in detail.


    πŸ“ Application Process

    1. Identify the grant or loan scheme that fits your business goals.

    2. Check the full eligibility details.

    3. Prepare documents: business plan, financial forecasts, ID, proof of trading or registration.

    4. Apply online via GOV.UK or the relevant platform.

    5. Follow up with the funding body or lender if required.


    πŸ’‘ Additional Tips

    • Network with other local businesses via platforms like:
      πŸ‘‰ https://www.gmaxcard.com/business-networking

    • Use free mentoring from Wenta, Start-Up Loans, or local enterprise networks.

    • Attend local council events to learn about funding, marketing, and digital skills.


    πŸ“ž Contact & More Info


    πŸ“˜ FAQs

     

    πŸ”Ή What grants are available for small businesses in Barnet?
    Barnet offers grants for local business initiatives, including the Community Grant and Town Team Grant.

     

    πŸ”Ή How do I apply for a Start-Up Loan?
    Visit https://www.gov.uk/apply-start-up-loan and complete the online application. Mentoring is included.

     

    πŸ”Ή Is the Recovery Loan Scheme still available in 2025?
    No, it has been replaced by the Growth Guarantee Scheme, which still offers similar support.

     

    πŸ”Ή How can I get help with writing a business plan?
    Wenta offers free support, and GOV.UK provides a detailed business plan guide.
    πŸ‘‰ https://www.gov.uk/write-business-plan

     

    πŸ”Ή Are there any innovation-specific funding schemes?
    Yes, Innovate UK offers loans for R&D through its Innovation Loan Competition (Round 20).

     

    πŸ”Ή Where can I get help with digital skills in Barnet?
    The Digital Barnet programme offers training and tools to help you get online and attract customers.

     

    πŸ”Ή What should I do if I’m not sure which funding is right for me?
    Contact Barnet Council or use the GOV.UK Support Finder to compare funding options.

     

    πŸ”Ή Can I apply for more than one grant or loan?
    Yes, depending on eligibility and terms. Many businesses apply for a loan and a council grant simultaneously.

     

    πŸ”Ή How does a good credit score help with funding?
    A strong credit score increases your approval chances and could help you secure better loan terms.

     

    πŸ”Ή Where can I meet other business owners or partners?
    Try local events or digital networking via platforms like:
    πŸ‘‰ https://www.gmaxcard.com/business-networking

     

     

     

     

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