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    Last update 19/07/2025

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


    Introduction

    Bromley provides a robust ecosystem for startups and small businesses through local support programmes and national government-backed loan schemes, ensuring you have access to advice, mentoring, and finance. All links below are current and official.


    Local Council Support

    🔹 Bromley Business Hub

    • A one-stop online platform offering free resources: accountancy, marketing, procurement, sales, grant funding, recruitment, and a business directory (bromleybusinesshub.org)

    • Contact: 020 8464 3333 / business@bromley.gov.uk

    🔹 Start-Up Bromley

    🔹 Bromley Business Growth (UKSPF)

    • Local scheme (£1.6m funding) includes Growth Builder (Goldsmiths) and Supply Bromley (Newable) programmes

    • Free expert guidance on digital transformation, innovation, marketing, and supply chain access (London Borough of Bromley)

    🔹 ARG Top‑Up Grants

    • Grants available between £5,000–£25,000 for business expansion within Bromley (bromleybusinesshub.org)

    🔹 Greener Bromley Pilot

    • Sustainability programme (10 businesses), guiding SME environmental improvements. Closed July 2024 but similar future schemes expected (London Borough of Bromley)

    🔹 Innovation Fund

    • Run jointly by Bromley Council and NHS Integrated Care Board

    • Grants target voluntary/community organisations for creative health and wellbeing projects (London Borough of Bromley)


    National Government‑Backed Loan Schemes

    🔹 Start‑Up Loans (British Business Bank)

    🔹 Recovery Loan Scheme & Bounce Back Loan Scheme

    • Both are closed to new applications.


    Other Access Points to Funding

    • Enterprise Finance Guarantee (EFG): Supports bank lending to viable SMEs

    • Social Investment Business: Offers loans and grants to social enterprises (Wikipedia)

    • Crowdfunding, Angel, and VC funding: Start-Up Bromley provides prep sessions and bootcamps


    Eligibility Guidance


    Application Process

    1. Choose your support: local programme, grant, or Start‑Up Loan

    2. Prepare your materials: business plan, financial forecasts, marketing, premises, credit info, or project proposals

    3. Apply via council web portals or GOV.UK (for loans)

    4. Participate in diagnostics, workshops, or pitch sessions

    5. Receive funding and meet any reporting or outcome requirements


    Additional Tips

    • Use the Business Hub to discover grant tools and procurement opportunities

    • Attend bootcamps via Start-Up Bromley to refine your pitch and apply for ARG grants or EFG loans

    • Stay informed through the Bromley Business Hub newsfeed and UKSPF updates (bromleybusinesshub.org)


    Contact & Further Information


    FAQs

    ▫️ How can I access local support like Start‑Up Bromley?
    Attend workshops and sign up through Bromley libraries; current support runs until March 2025 (London Borough of Bromley)

     

    ▫️ What grants are available for growth?
    ARG Top‑Up Grants (£5k–£25k) and UKSPF-funded Growth Builder support SMEs (bromleybusinesshub.org)

     

    ▫️ Is there help for sustainability?
    Yes—Greener Bromley pilot has closed, but the council plans similar environmental initiatives (London Borough of Bromley, London Borough of Bromley)

     

    ▫️ Who is eligible for Innovation Fund grants?
    Voluntary/community organisations in Bromley addressing health, wellbeing, and social inclusion (London Borough of Bromley)

     

    ▫️ How do I apply for a Start‑Up Loan?
    Submit via GOV.UK; includes mentoring through the British Business Bank (Wikipedia)

     

    ▫️ Are Recovery/Bounce Back Loans still available?
    No—both schemes are closed to new applications.

     

     

     

     

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