Business Grants & Funding
Grants and Funding Sources for Business
Grants and Funding within Council
Recovery Revitalisation Fund - now CLOSED
Rural Business Development Grants (issued by Council) - closes 11 September
Grants and Funding Outside of Council
These are just a few known sources of funding for small businesses. Further details may be found at the Finance Page of NIBusinessInfo website
Grants from DAERA in addition to the Rural Business Development Grant mentioend above.
An Innovation Voucher provides funding to small and medium sized businesses to work with an expert Knowledge Provider from a University, College or other Public Sector Research Body bringing new knowledge to help businesses innovate, develop and grow.
Invest NI’s Access to Finance funds were created to help companies struggling to access the necessary finance to grow their businesses.
Enterprise Northern Ireland is involved in the delivery of two loan fund products that can help businesses start-up and grow. Eligible clients can apply for up to £25,000, repayable between 1 and 5 years at an interest rate of 6.2% APR. Following disbursal of the loan, clients can access up to 15 hours of mentoring support to help you in key areas of your business development.
The NI Small Business Loan Fund provides access to finance for small businesses, sole traders and partnerships which are keen to develop their business, but find it difficult to access funding through traditional sources. Start-up businesses trading less than two years can access up to £15k whereas companies trading longer than this can apply for up to £50k.