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    Last update 22/07/2025

    2025 Grants and Loans for Small Businesses in Fylde, UK


    🔹 Introduction

    Fylde Borough Council provides robust support for entrepreneurs, startups, and SMEs through business advice, referral to regional and national funding, and UK Shared Prosperity Fund (UKSPF) initiatives—though it does not directly offer standalone business grants.


    🔹 Government‑Backed Loans

    Start‑Up Loans (British Business Bank)

    • Amount: £500 to £25,000

    • Interest: Fixed at 6% per annum

    • Support: Free mentoring and planning tools

    • Eligibility: UK residents aged 18+, trading under 36 months

    • Apply: 👉 GOV.UK – Apply for a Start‑Up Loan


    🔹 Local Support & Grants

    Business Advice & UKSPF Support (Fylde Council)

    • No current direct grants, but the Economic Development team connects businesses to funding partners. They offer:

    • Contact:
      👉 Email: invest@fylde.gov.uk
      👉 Phone: 01253 658589


    UK Shared Prosperity Fund (UKSPF)

    • Fylde received an additional £857,692 for 2025/26 (capital & revenue) on top of earlier allocations (new.fylde.gov.uk, Invest in Fylde, new.fylde.gov.uk)

    • Funded initiatives include:

      • High‑street “Shop‑Local” events

      • Apprenticeship and wellbeing projects

      • Direct funding for business support (new.fylde.gov.uk)


    Regional & Sector Support (via Boost Business Lancashire)


    Invest in Fylde Platform

    • Administered by Fylde Council’s Economic Development team

    • Offers business referral, networking, property search, grant guidance, and business-growth events (new.fylde.gov.uk, Invest in Fylde)

    • Contact: Visit Invest in Fylde or call 01253 658589


    Regional Loans & Peer Lending

    • Through Invest in Fylde regional schemes:

      • Rosebud Fund: loans £10k–£300k with business support

      • Funding Circle peer‑to‑peer loans up to £500k

      • Access to Finance fully funded advisory service (Invest in Fylde)


    🔹 Eligibility Guidance

    • Use the GOV.UK Business Finance & Support Finder to locate national schemes.

    • Connect with Boost Business Lancashire and Fylde Council’s team to explore regional funding and grants.

    • Useful for support with digital, low-carbon, apprenticeship, finance readiness, and manufacturing tech upgrades.


    🔹 Application Process

    1. Define your needs – startup, digital boost, green tech, staffing, peer-to-peer loans.

    2. Identify suitable funders – national (Start‑Up Loan), regional (Boost), council‑supported UKSPF initiatives.

    3. Confirm eligibility – based on type, location, stage, sector.

    4. Prepare documentation – business plan, forecasts, quotes, project details.

    5. Apply:

      • Via GOV.UK for loans

      • Through Boost for grants/loans

      • Via FYlde Council for advisory referral

    6. Follow‑up – track communications, meet advisors promptly.


    🔹 Additional Tips

    • Network & Mentor: join events and peer groups via Boost, Digital Boost workshops, and Invest in Fylde platform.

    • Plan Ahead: watch for UKSPF application windows via council newsletter.

    • Stay Informed: subscribe to Boost, Fylde Council, Lancashire County Council, and GOV.UK alerts.


    🔹 Contact & Further Information


    âť“ Frequently Asked Questions (FAQ)

     

    🔹 Does Fylde Council offer direct business grants?
    No, there are no standalone business grants currently. However, the council routes support via UKSPF-backed initiatives and connects businesses to grant funders (new.fylde.gov.uk, new.fylde.gov.uk, Lancashire County Council News).

     

    🔹 How much can I borrow through a Start‑Up Loan?
    Entrepreneurs can secure between £500 and £25,000, with a fixed 6% interest and accompanying business support.

     

    🔹 What is Boost Business Lancashire and how does it help?
    It's Lancashire’s Growth Hub providing finance advice, apprenticeship incentives, digital training, green support, and peer-mentoring to Fylde firms (Boost Business Lancashire).

     

    🔹 What is the UKSPF funding used for in Fylde?
    With an extra £857,692 secured for 2025/26, UKSPF is funding shop‑local programmes, apprenticeships, wellbeing events, and business support initiatives (new.fylde.gov.uk).

     

    🔹 Are there regional loan programmes available?
    Yes. Invest in Fylde supports Rosebud Fund loans (£10k–£300k) and peer-to-peer lending through Funding Circle, in partnership with regional advisors (Invest in Fylde).

     

    🔹 Who can help me prepare for funding applications?
    Contact Fylde’s Economic Development Team (invest@fylde.gov.uk) or Boost advisers for one‑to‑one guidance.

     

    🔹 What documents do I need?
    Have a clear business plan, cash flow forecasts, quotes, project justification, and any proof of premises or eligibility.

     

    🔹 How can I stay updated on new funding?
    Subscribe to newsletters from Fylde Council, Boost, Lancashire CC, and GOV.UK announcements.

     

    🔹 Where should I start?

    1. Clarify your funding goals.

    2. Reach out to Fylde Council or Boost.

    3. Compile required documents.

    4. Apply via the correct channels.

    5. Respond quickly and follow up.

     

     

     

     

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