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    Last update 11/08/2025

    Grants & Government‑Backed Loans in Hyndburn, Lancashire (2025)


    Key Funding Opportunities

    🔹 Start‑Up Loans

    Unsecured UK government-backed loans up to £25,000, with 12 months of mentoring support.
    🔗 Start‑Up Loans UK


    🔹 British Business Bank

    Provides nationwide small business finance, including loans, equity, and guarantee schemes.
    🔗 British Business Bank


    🔹 Lancashire Funding Hub

    A central portal created by Lancashire County Council and LEP, offering access to a range of debt and equity finance options (e.g., Growing Places Fund, NPIF).
    🔗 Lancashire Funding Hub via Boost Lancashire (startupgrant.co.uk, Lancashire County Council News)


    🔹 Hyndburn Borough Council Grants

    Local grants totalling £75,000 are available: up to £2,500 for startups and up to £5,000 for established businesses conducting growth-related activities.
    🔗 Hyndburn Borough Council – Business Support (Hyndburn Borough Council, Hyndburn Borough Council)


    Local Support & Services


    How to Access Support

    1. Clarify your funding purpose (e.g., startup, expansion, equipment).

    2. Explore relevant schemes (Startup Loans, Council grants, Lancashire Hub).

    3. Connect with Hyndburn Council advisers or Boost Hub early.

    4. Prepare essential documents: business plan, cashflow forecasts, quotes, ID documentation.

    5. Apply using official portals or through local advisers.

    6. If awarded, implement your project and submit required follow-up reports.


    Contact Information


    📘 Frequently Asked Questions (FAQs)

     
    ▫️ Are local business grants available in Hyndburn?
    Yes—£75,000 funded through UKSPF for startups (up to £2,500) and growth-stage businesses (up to £5,000) (startupgrant.co.uk)

     
    ▫️ What is the Lancashire Funding Hub?
    A central portal connecting Lancashire businesses with debt and equity finance, including LEP-backed schemes (Lancashire County Council News)

     
    ▫️ How do I apply for a Start‑Up Loan?
    Apply via the Start‑Up Loans UK website and include a business plan to access mentoring.

     
    ▫️ Is mentoring required before grant access?
    Yes—Hyndburn Council offers support workshops and 1:1 sessions to help improve application strength (startupgrant.co.uk, content.govdelivery.com, Hyndburn Borough Council)

     
    ▫️ Can funding sources be combined?
    Yes—businesses regularly blend grants, low-cost loans, and other financing to meet their needs.

     
    ▫️ What documents are typically needed?
    A clear business plan, cash flow forecasts, supplier quotes, and proof of ID and address.

     
    ▫️ Are there support workshops or events?
    Yes—Boost Business Lancashire and Hyndburn Council host funding Q&A sessions and finance workshops (content.govdelivery.com)

     
    ▫️ Is there ongoing support post-funding?
    Yes—both the Council and Boost provide continued business mentoring and advisory services.

     
    ▫️ Where can I find more finance options?
    Visit the Lancashire Funding Hub and Boost Business Lancashire to explore debt, equity, and innovation funding pathways.
     ♦ Northern Powerhouse Investment Fund (NPIF) and Growing Places Fund are accessible via the Hub.

     

     

     

     

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