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Last update 19/07/2025

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

Introduction

This guide outlines the national and local loan schemes available to startups and small businesses in Haringey for 2025. It includes fully visible, clickable links to up-to-date official sources.

National & Locally Delivered Loan Schemes

🔹 Start‑Up Loans (British Business Bank)

Amount: £500–£25,000 per individual
Interest: Fixed 6% APR
Support: Includes 12 months of mentoring and business advice
Apply via: https://www.gov.uk/apply-start-up-loan

Delivered locally by Haringey Council as a delivery partner for the national Start‑Up Loans scheme.

🔹 Productive Valley Fund (PVF)

Purpose: Flexible loans for industrial, manufacturing, creative and green businesses in the Upper Lee Valley (including Haringey)
Amount: £50,000–£400,000
Services: Loans with business support—premises, planning, finance, recruitment included (Haringey Minutes, Productive Valley Fund)
Apply: Email pvf@haringey.gov.uk, or see product page

🔹 Opportunity Investment Fund (OIF)

Purpose: Supports Haringey SMEs aiming to grow, create jobs or workspace
Amount: £50,000–£300,000 (Productive Valley Fund)
Eligibility: SMEs under 250 employees, located in or relocating to Haringey—especially in creative, green, affordable workspace sectors (Haringey Council)
Apply: Contact via OIF@haringey.gov.uk or ring 020 8489 5435 (Haringey Council)

Other National Schemes (Now Closed to New Applications)

Recovery Loan Scheme – closed to new borrowers
Bounce Back Loan Scheme – closed to new borrowers

Haringey Council Business Support

Explore Business Finance & Support for local financing tools like PVF, OIF, workspace grants, recruitment and digital advice (Council page) (Idox)
Part of the Opportunity Haringey inclusive economy strategy, this includes loan and grant assistance for workspace development (Haringey Council)

Eligibility Guidance

Start‑Up Loans: Must be a UK resident with a viable startup plan and sufficient credit
PVF & OIF: Must operate in or relocate to Haringey or Upper Lee Valley, and typically create jobs or workspace
Always check the Business Finance & Support page for evolving eligibility details

Application Process

Choose the right scheme (national or local).
Gather key documents: business plan, forecasts, proof of address, credit history.
Apply via GOV.UK (Start‑Up Loans) or email council contacts (PVF/OIF).
Attend interviews, site visits, or business clinics as required.
Await decision and arrange draw-down with any required reporting or compliance.

Additional Tips

Network through Haringey Chamber, local business events, or the Haringey Business Bulletin
Seek mentoring & support — available via Start‑Up Loans and council programmes
Use GOV.UK, British Business Bank, Innovate UK and London Business Hub online resources for templates and guidance

Contact & Further Information

Start‑Up Loans: https://www.gov.uk/apply-start-up-loan
Productive Valley Fund: https://www.productivevalleyfund.co.uk/
OIF & Haringey Support:
- Email: business@haringey.gov.uk, pvf@haringey.gov.uk, OIF@haringey.gov.uk
- Phone (OIF enquiries): 020 8489 5435 (Idox, Productive Valley Fund, Haringey Minutes, Haringey Council)
- Council finance page: https://www.haringey.gov.uk/business/business-finance-support

FAQs

▫️ How do I apply for a Start‑Up Loan in Haringey?
Apply via GOV.UK, with local support and advice provided by Haringey Council as a delivery partner.

▫️ What is the Productive Valley Fund?
A £2.7 million loan fund offering £50k–£400k for eligible industrial, creative, or green enterprise in the Upper Lee Valley (Productive Valley Fund).

▫️ Can I get a loan from the Opportunity Investment Fund?
Yes—loans from £50k–£300k are available to SMEs in Haringey focused on growth, jobs, or workspace (Haringey Council).

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

▫️ Who do I contact for local business finance advice?
Email business@haringey.gov.uk or refer to the Business Finance & Support web page.

▫️ What should I prepare for a loan application?
A strong business plan, cash flow forecast, proof of address, and evidence of creditworthiness.

▫️ Is mentoring available with these loans?
Yes—especially with Start‑Up Loans; additional support is provided via local council schemes.

Value AD

2025

100% FREE

BUSINESS TOOl

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.

FREE BUSINESS TOOLS