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    Last update 11/08/2025

    2025 Grants and Loans for Startups and Small Businesses in Oadby & Wigston, UK

    Introduction

    Starting or expanding your business in Oadby & Wigston has never been easier with several funding options available in 2025. Whether you're looking for grants or government-backed loans, there are opportunities to help support your business's growth. This guide provides a detailed overview of the grants, loans, and local support available to businesses in the area.


    Available Grants in Oadby & Wigston

    Shop Front Improvement Scheme (UKSPF Funded)

    • Purpose: Designed to help local businesses enhance their shopfronts, including improvements to signage, painting, lighting, and security features.

    • Grant Value: Up to £2,000, matched by the applicant. The funding is distributed on a first-come, first-served basis while available funds last.

    • Eligibility: Open to businesses with commercial premises throughout Oadby & Wigston. The improvements must be visible from the street. This grant is not restricted to town centres.

    • How to Apply:

      1. Complete the application form with sketches, photos, cost estimates, and proof of lease or ownership.

      2. Submit your application to ukspf@oadby-wigston.gov.uk.

    • Link: Oadby & Wigston UKSPF Shop Front Improvement Scheme


    Government-Backed Loan Option

    Start-Up Loans (British Business Bank)

    • Summary: A government-backed initiative offering unsecured loans to new and early-stage businesses across the UK.

    • Loan Value: £500 to £25,000.

    • Support Package: Includes free mentoring and access to business training, designed to help you get your business off the ground.

    • Eligibility: Open to UK residents aged 18+, with businesses that are pre-start or trading for less than 36 months.

    • How to Apply: Apply directly through the official GOV.UK Start-Up Loans portal.

    • Link: Start-Up Loans


    Local & Regional Business Support

    Business Gateway Growth Hub (Leicester & Leicestershire)

    • Role: Provides free guidance on grants, business growth, and signposting to additional support programmes.

    • How to Connect:

      • Submit an enquiry form

      • Attend local events

      • Call the support team for advice

    • Contact:
      Phone: 0116 454 2917
      Email: growthhub@bizgateway.org.uk
      Website: Business Gateway Growth Hub

    Leicestershire Business Advice Service (Delivered by Exemplas)

    • Overview: This UKSPF-funded service offers free advice, workshops, and consultancy to businesses across Leicestershire, including Oadby & Wigston.

    • Access: Visit lbas.online to enquire and register for support.

    • Link: Leicestershire Business Advice Service


    Eligibility Summary

    • Shop Front Scheme: Open to businesses across the borough with commercial premises; matched funding required.

    • Start-Up Loans: Available to UK residents aged 18+ launching or scaling their businesses.

    • Gateway & Exemplas Services: Free support for local businesses from start-up to scale-up.


    Application Process

    1. Select the appropriate funding route: Choose between the Shop Front grant or Start-Up Loan.

    2. Prepare relevant documentation: This includes a business plan, quotes for improvements, and evidence of match funding.

    3. Submit your application:

    4. Follow-up: Some grants may require site visits or interviews to assess the application.

    5. Approval: Grant approval is based on availability, while Start-Up Loans typically take 3–4 weeks for processing.


    Tips for a Strong Application

    • Apply early: The Shop Front Improvement Scheme is limited, so apply as soon as possible to secure funding.

    • Keep detailed records: Retain all quotes, receipts, and before/after photos to ensure smooth processing.

    • Attend workshops: The Business Gateway offers workshops to strengthen your application and business plan.

    • Use complementary support: Make use of free advisory sessions through Gateway and Exemplas to refine your business plan.


    Contact & Resource Summary


    FAQs — Oadby & Wigston Business Funding (2025)

    🔹 Can online or home-based businesses access grants?

    The Shop Front scheme is limited to businesses with commercial premises, but the Gateway and Exemplas services can help identify suitable regional or national opportunities for digital ventures.

    🔹 What cash support is available?

    • Shop Front grant: Up to £2,000

    • Start-Up Loan: Up to £25,000

    🔹 Can I apply even if not formally registered?

    Yes, Start-Up Loans are available even if your business is not yet formally registered. However, premises-based grants like the Shop Front scheme require you to be trading from a commercial property.

    🔹 Is a business plan mandatory?

    Yes, a business plan with financial projections and growth justification is necessary for both loan and grant applications.

    🔹 How long does approval take?

    • Start-Up Loans: Typically 3–4 weeks.

    • Grants: Approval time varies depending on fund availability.

    🔹 Can I combine funding options?

    Yes, grants and loans can be used together if the eligibility criteria are met.

    🔹 Are there application fees?

    No application fees are required for council-administered grants or government-backed loans; however, loans will accrue interest.

    🔹 Is high growth required for these funding options?

    High growth is not a strict requirement. For grants like the Shop Front scheme, the focus is on local impact and business sustainability.

    🔹 Can funding cover marketing training or digital tools?

    Start-Up Loans can be used for a variety of business expenses, including marketing and digital tools. Grants, however, are restricted to eligible shop-front improvements.

     

     

     

     

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