Top Startup Grants in Perth and Kinross: Secure Funding for Your Business

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Last update 16/08/2024

Grants and Loans for Startups & Small Businesses in Perth & Kinross, UK: Your Funding Guide

Are you an aspiring entrepreneur or a small business owner in Perth & Kinross seeking financial assistance? Perth & Kinross Council and other organizations offer a variety of grants and government-backed loans to help your business take flight. This guide provides essential information to help you navigate the available funding opportunities.

Grant and Loan Programs

Grants

Green Recovery Capital Development Grant
This grant provides support to businesses investing in capital projects to implement new systems, machinery, or green technologies. Grants are available up to £25,000, covering up to 50% of eligible costs. For more details, visit the Green Recovery Capital Development Grant page.
Beyond Scotland Market Development Grant
Designed to help businesses expand their market reach outside of Scotland, this grant covers up to 50% of eligible costs, with a maximum grant of £3,000. More information can be found on the Beyond Scotland Market Development Grant page.
Rural Perth & Kinross LEADER Programme
This community-led program offers support to rural communities, organizations, and small businesses in Perth & Kinross. For additional details, check out the Rural Perth & Kinross LEADER Programme page.

Government-Backed Loans

Start-Up Loans
A UK-wide initiative providing government-backed personal loans and mentoring for new businesses less than 24 months old. To learn more, visit the Start Up Loans UK page.

Advice on Applying

Contact Business Gateway Perth & Kinross
Begin by contacting Business Gateway Perth & Kinross. Their expert advisors can assess your needs, guide you to the most suitable funding options, and provide invaluable advice on preparing a strong application. Access their services through their website.

Understand Eligibility Criteria
Before applying, carefully review the eligibility criteria for each grant or loan to ensure your business meets all the requirements. This step can save you time and increase your chances of success.

Prepare a Strong Application
When applying for funding, it’s crucial to pay close attention to detail and provide all the requested information. A well-crafted business plan, financial projections, and a clear explanation of how the funding will be used can significantly enhance your application’s chances.

Meet Deadlines
Be aware of application deadlines and ensure you submit your application well in advance. Late submissions are often not considered, so it's essential to be proactive.

Seek Additional Support
If you need help with your application or business plan, consider seeking assistance from a business advisor or consultant. Additional support can make a difference in the success of your application.

Key Resources

Business Gateway Perth & Kinross
Business Gateway offers local business support, including advice on funding and growth opportunities. Visit their website for more information.
Business Support and Funding - Perth & Kinross Council
The Perth & Kinross Council website provides detailed information on various grants and business support services available. Access it through the Business Support and Funding - Perth & Kinross Council page.
Find Business Support
The Scottish Government's Find Business Support website allows you to search for funding and support programs based on your location and business needs.

Perth & Kinross Council Contact Information

Website: Business Support and Funding - Perth & Kinross Council
Business Gateway Perth & Kinross: Business Gateway Perth & Kinross
Phone: +44 1738 475300
Email: Contact through the official website.

Frequently Asked Questions (FAQs)

What is the Green Recovery Capital Development Grant?
- It provides support to businesses investing in capital projects, with grants available up to £25,000, covering up to 50% of eligible costs.
How can I apply for the Beyond Scotland Market Development Grant?
- This grant supports businesses expanding their market reach outside Scotland, offering up to 50% of eligible costs, with a maximum grant of £3,000.
What is the Rural Perth & Kinross LEADER Programme?
- A community-led program offering support to rural communities, organizations, and small businesses in Perth & Kinross.
Who can apply for the Start Up Loans?
- New businesses less than 24 months old across the UK can apply for these government-backed personal loans.
Where can I find more information about business funding in Perth & Kinross?
- Visit the Perth & Kinross Council's Business Support and Funding page for detailed information.
What support does Business Gateway Perth & Kinross offer?
- Business Gateway offers advice on funding, business planning, and growth opportunities.
Are there deadlines for these grants and loans?
- Yes, some programs may have specific deadlines. Always check with the relevant organizations or contact Business Gateway Perth & Kinross for up-to-date information.
Can I apply for multiple grants or loans?
- It depends on the specific terms of each grant or loan. It’s best to check with the funding providers for details.
What should I include in my business plan for the application?
- Include a detailed overview of your business, financial projections, and a clear explanation of how the funding will be used.

Value AD

CAN BE

ALTERNATIVE

INVESTMENT

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.

Value AD

CAN BE

ALTERNATIVE INVESTMENT