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.
Thank you for your interest in the Barriers Grant. As you may be aware, Business Wales offers free support to assist you to develop your idea into a new business. Recently the Barriers Grant has been part of the financial aspect of this package of support and due to a very high level of demand the grant is currently fully committed and closed for new applications.
We continue to offer the free start up service and if you would like to discuss a business idea/your start-up plans please get in touch with one of the Business Wales team on 03000 6 03000 to discuss how a Business Adviser can help to arrange the next steps to access this highly valuable assistance. Rydym yn croesawu galwadau yn Gymraeg / We welcome calls in Welsh.