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    Last update 19/07/2025

    2025 Grants & Government‑Backed Loans for Startups in Hammersmith & Fulham (UK‑Wide Guide)


    Introduction

    This guide outlines the key local and national funding options available to startups and small businesses in Hammersmith & Fulham in 2025. It covers council programmes, government-backed loans, energy grants, and broader finance opportunities. All links are official, current, and fully visible.


    Local Council Support

    🔹 Business Connects


    🔹 Business Growth Hub


    🔹 Energy Efficiency Grants (SMEs)


    National Loan Schemes

    🔹 Start‑Up Loans (British Business Bank)


    🔹 Recovery Loan Scheme

    • Provided up to £2 million in support—now closed to new applicants


    🔹 Bounce Back Loan Scheme

    • Also close to new recipients


    Other Funding Options

    • Crowdfunding: Platforms like Kickstarter and Indiegogo may help raise capital

    • Angel Investors & Venture Capital: Ideal for equity-backed or high-growth startups


    Eligibility Guidance

    • Loans: Must have a viable business plan, UK identity, and be creditworthy

    • Energy Grants: Open to SMEs in Hammersmith & Fulham, improving energy efficiency

    • Business Connects & Growth Hub: Open to registered local businesses; check their pages for updated criteria


    Application Process

    1. Identify your funding type (loan, grant, mentoring).

    2. Gather documents: business plan, forecasts, proof of address, credit info.

    3. Apply via council‑linked portals (for energy grants, mentoring) or GOV.UK (for loans).

    4. Participate in interviews, workshops, or advisory sessions.

    5. Await decision and follow guidance on fund drawdowns and compliance.


    Additional Tips

    • Network through Business Connects events and local meetups

    • Use mentoring offered via council services or Start‑Up Loans

    • Access online resources for templates and tutorials from GOV.UK and the British Business Bank


    Contact & Further Information


    FAQs

    ▫️ What support does Business Connects offer?
    One-to-one business advice, networking, e-newsletters, and free events via the council’s Business Connects service. (lbhf.gov.uk)

     

    ▫️ How much can I get via energy grants?
    £1,000 for minor upgrades, £5,000 for major retrofits, and up to £7,500 for heat pumps or biomass systems. (lbhf.gov.uk)

     

    ▫️ How do I apply for a Start‑Up Loan?
    Apply online through GOV.UK, you’ll access mentoring from the British Business Bank.

     

    ▫️ Are Recovery or Bounce Back Loans still available?
    No—both schemes are closed to new applications.

     

    ▫️ Can I get mentoring or workshops locally?
    Yes—Business Growth Hub and Business Connects offer workshops and mentoring. (Startup Grant, LinkedIn)

     

    ▫️ Who can get energy grants?
    SMEs in the borough are looking to improve energy efficiency and cut carbon emissions. (lbhf.gov.uk)

     

    ▫️ What should I prepare before applying?
    A clear business plan, financial forecasts, premises info, and credit documentation.

     

    ▫️ Where can I find national funding options?
    Visit GOV.UK for Start‑Up Loans and use national platforms for crowd and VC funding.

     

     

     

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