Barriers to Start-up Grant for 25 year olds and over

 

The Barriers to Start-up Grant for 25-year-olds and over, is a revenue grant to enable economically inactive and unemployed individuals aged 25 years and over to start up a business in Wales and will particularly target individuals that are facing barriers to business start-up and the employment market.

A grant of up to £2,000 is available to help individuals with the essential costs of starting the business. 

Eligibility criteria for this grant are:

  • You are economically inactive or unemployed 
  • Looking to start up a self-employed business in Wales

Applicants will need to complete an expression of interest (EOI) document to begin the application process, once completed the document must be returned to Barriers2SUG@BusinessWales.org

Once approved, you will be offered pre-start 1-to-1 support and confidence building webinars to reduce barriers to starting your business.  Business Wales advisors will also assist applicants and provide advice, guidance and support as well as accessing further start-up support.

Business Wales will apply discretion for grant awards based on the evidence of need outlined within a business case and application.

The Barriers to Start-up Grant for 25-year-olds and over is open to EOI from 12 July 2022.  Deadline for submitted applications is the 24 March 2023.  However, if funds are fully utilised before this date the scheme will close.

Full details and guidance regarding the grant can be found here.

If you have any questions before applying or if you have any concerns that you may not be able to participate in the application or business planning process for medical/technical/caring reasons, please contact Business Wales on 03000 6 03000, so that we can discuss how we can help. Rydym yn croesawu galwadau yn Gymraeg / We welcome calls in Welsh.