Availability of business grants in Exeter and Devon
It is worth taking the time and trouble to find out if your business would qualify for any grants available.
As many of the available grants have limited funds, it may be worth using specific software to search online. Local Exeter businesses can now access Grantfinder software at Exeter CVS located in Wat Tyler House, King William Street, Exeter, EX4 6PD (Tel. 01392 202055) in exchange for a comparatively small fee.
The following grants relate to particular government campaigns, specified business sectors, or schemes to increase youth job opportunities as shown below.
Environment Funding Schemes - available to all businesses
There are a number of environmental funding schemes currently available to enable your company to become more environmentally friendly. Money may be available to help your business cut waste, reduce energy bills, improve productivity, buy energy efficient equipment, generate your own electricity, develop innovative new low carbon products and/or meet tough environmental regulations.
Rural Business Support
If yours is a rural business, there may be grants available that you can apply for. Many of these seek to support particular areas or have specific aims. For example, Making it Local is a five year £2.4 million, locally managed grants scheme in the Blackdown Hills Area of Outstanding Natural Beauty (AONB), East Devon AONB and surrounding area. It aims to use the outstanding landscapes and local skills as a springboard for healthy and lasting development and runs to the end of 2013.
The Making it local - funding for Rural Businesses and Communities website gives details of the grants that are currently available.
Support for Non-Profit Organisations or Community Groups
The National Lottery funds Good Causes. Grants may be available for certain projects, particularly those that support Arts, Heritage and Conservation, Communities and Groups, Nature or Sports and Recreation.
The Lottery Funding website gives details of grants available to organisations and community groups that meet the specified criteria.
Apprenticeship Grant for Employers of 16 to 24 year olds (AGE 16 to 24)
The Apprenticeship Grant for Employers (AGE) of 16 to 24 is aimed at supporting businesses to grow by employing young people through the Apprenticeship programme. AGE provides grants to employers to support them to do this.
The National Apprenticeship Service provides Apprenticeship grants to employers with up to 1000 employees recruiting 16 to 24 year olds with a value of £1,500, to encourage employers to develop their business and take on new apprentices. The £1,500 is in addition to the training costs of the Apprenticeship framework which are met in full for young people aged 16 to 18 and 50% for those aged 19 to 24.
Eligible employers are those who have never employed an apprentice before or who have not recruited one in the last 12 months. Grants are subject to budget availability and the employer's commitment to support the apprentice to the end of their programme, up to ten grants can be made to any one employer.
More information: National Apprenticeship Service
In-kind Business Support - available to small and medium sized businesses in South West region
Innovation Vouchers is an in-kind business support initiative which has now been introduced locally. It offers subsidised business support (40% of costs) from a local university which can be extremely valuable. An Innovation Voucher provides this in-kind subsidy for your business to work with an external expert from a University, College or Public Sector Research Establishment. You can gain new knowledge to help your business innovate, develop and grow.
More information: Innovation Vouchers (SW Universities)
University of Exeter - Internment Subsidies for Employers
An intern can be extremely beneficial to your business as they will have up to date academic knowledge within their subject discipline.
More information: University of Exeter - Internship Subsidies for Employers