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    Last update 21/07/2025

    Grants and Government-Backed Loans for Startups and Small Businesses in Harborough District (2025 Guide)

    Looking to start or grow a business in Harborough District? While the council doesn’t offer direct business grants, there are several valuable funding opportunities, government-backed loans, and local business support schemes to help entrepreneurs and SMEs succeed.


    πŸ’Έ Key Business Funding Opportunities

    βœ… Start-Up Loans (UK Government)

    Receive up to £25,000 in unsecured personal loan funding for new or growing businesses, with 12 months of free mentoring and support.
    πŸ”— Apply via Start-Up Loans

    βœ… British Business Bank

    A national development bank offering finance options such as loans, equity funding, and guarantees to support SME growth.
    πŸ”— Explore finance options

    βœ… Harborough Rural Grant Scheme (via REPF)

    Targeted at businesses in rural parts of the district, this grant supports capital projects that improve productivity, create jobs, or promote innovation.

    • Grant Amounts: £5,000–£20,000

    • Sectors: Farming diversification, low-carbon tech, creative industries, heritage, and rural tourism

    • Match Funding: Minimum 10–25% required

    • Deadline: 30 June 2025
      πŸ”— Apply online
      πŸ”— More about rural grants

    βœ… The Sir Thomas White Loan Charity

    Provides interest-free loans of up to £20,000 for individuals aged 18–45 starting or expanding a business in Leicestershire or Rutland.
    πŸ”— Learn more

    βœ… The Harry James Riddleston Charity

    Another interest-free loan option for eligible individuals under 45 in the area.


    🏒 Local Business Support in Harborough

    Harborough District Council – Business Support

    Offers guidance on grants, funding schemes, and local enterprise support.
    πŸ”— Business Support Portal

    Invest in Harborough

    A hub for economic development, inward investment, and access to local grant programmes.
    πŸ”— Invest in Harborough

    East Midlands Chamber & Enterprise Agencies

    Great resources for networking, workshops, and funding advice.


    πŸ“Œ How to Access Business Funding in Harborough

    1. Identify your business needs – equipment, renovation, tech adoption, etc.

    2. Check your location – ensure you qualify (especially for rural grants).

    3. Create a solid business plan – include forecasts, objectives, and use of funds.

    4. Prepare documentation – such as quotes, match funding proof, and financials.

    5. Apply early – grant schemes often have limited rounds.

    6. Seek guidance – contact Harborough’s business support team or partner agencies.


    πŸ“ž Contact Information

    Harborough District Council
    🌐 harborough.gov.uk/business-support
    πŸ“ž 01858 821100
    βœ‰οΈ business@harborough.gov.uk

    Sir Thomas White Loan Charity
    🌐 stwcharity.co.uk
    πŸ“ž 0116 204 6620


    ❓ Frequently Asked Questions (FAQs)

     
    πŸ”Ή Does Harborough Council offer business grants?
    They don’t offer direct grants for all businesses but do provide rural business grants via the REPF scheme.

     
    πŸ”Ή What is the Harborough Rural Grant Scheme?
    It’s a capital grant for businesses based in rural Harborough, offering between £5,000 and £20,000 to support growth and diversification.

     
    πŸ”Ή Am I eligible for a Start-Up Loan?
    Yes, if you’re a UK-based entrepreneur or early-stage business with a solid business plan.

     
    πŸ”Ή Can I apply for both a grant and a loan?
    Yes, many businesses combine grant funding with Start-Up Loans or interest-free loans from charitable providers.

     
    πŸ”Ή What’s the deadline for rural grant applications?
    The current round closes on 30 June 2025.

     
    πŸ”Ή How do I apply for the Sir Thomas White Loan?
    Check the stwcharity.co.uk website for the next application window and eligibility criteria.

     
    πŸ”Ή Can I get help preparing my application?
    Yes—Harborough District Council, the Invest in Harborough portal, and local enterprise agencies can assist.

     
    πŸ”Ή Are there funding options for people under 45?
    Yes—both the Sir Thomas White and Harry James Riddleston charities provide interest-free business loans for individuals aged 18–45.

     
    πŸ”Ή How often do grant schemes change?
    Grant schemes are reviewed annually—visit harborough.gov.uk or subscribe to council alerts.

     
    πŸ”Ή What other support can I access in Harborough?
    Networking events, business planning workshops, LEP funding, and one-to-one mentoring are available via local chambers and Invest in Harborough.

     

     

     

     

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