Cookies Cookies are small files stored in your browser and are used by most websites to personalise your visit. Follow the link to find out how
Newport City Council uses cookies.

Click the continue button for us to remember your decision.

  1. Find Council Services
  2. a
  3. b
  4. c
  5. d
  6. e
  7. f
  8. g
  9. h
  10. i
  11. j
  12. k
  13. l
  14. m
  15. n
  16. o
  17. p
  18. q
  19. r
  20. s
  21. t
  22. u
  23. v
  24. w
  25. x
  26. y
  27. z

Financial Assistance

Business meeting

Business loans from Newport City Council

These business loans help Newport businesses grow by supporting investments in plant and equipment, information technology, marketing projects and building improvements.

Interest rate is charged at 1% above the Bank of England base rate and loans are discretionary.

There are two loan schemes:

Start-up business grants

New! Low interest loans and start up grants for Newport businesses

Offered by Newport City Council and UK Steel Enterprise, the grants are for start-ups and new businesses that have been trading for less than 12 months and can be used towards the first year’s rental of commercial premises, investments in plant and equipment, information technology and websites.

Superfast broadband grants

Through the Super Connected Cities project, Newport City Council is working with the UK government to improve the availability and use of superfast and ultrafast broadband in Newport.

For a limited period we can help fund a broadband connection for small and medium-sized businesses, charities, social enterprises and other not-for-profit organisations. We'll provide you with a grant to cover up to £3,000 of the connection costs. For further information, or to register your interest visit Superfast Newport.

Welsh Government Open for Business Rate Relief Scheme

This is a Welsh Government Scheme that encourages long term vacant properties to be re-occupied.

Eligible properties are those which:

  • have been unoccupied for a continuous period of twelve months or more
  • have a rateable value of no more than £45,000
  • meet certain previous/existing use criteria

Eligible applicants will be entitled to claim 50% rate relief for twelve months, subject to State Aid ‘de minimis’ limits, read more…

Help and advice

Telephone (01633) 656656 or email to find out about the Council’s business loans and start up grants or help in sourcing other financial assistance.

Potential sources of finance

Finance for social enterprises

A social enterprise is a business with social objectives whose surpluses are reinvested for that purpose.

They can take advantage of most forms of finance listed above as well as financial assistance schemes specific to social enterprises:

  • Newport City Council has small scale grant assistance available through its Community Development Team and Wales Council for Voluntary Action (opens new website) has a loan fund for the development of social enterprises.
  • The Santander Social Enterprise Development Award (opens new website,) run in association with the Community Foundation for Wales, can give up to £50,000 to established social enterprises looking to grow. Practical assistance and mentoring can also be provided, contact .
  • Social Enterprises may be eligible for grants up to £5000 from the Big Lottery Fund to help with the costs of investments, training or staging events, visit Awards for All: Funding - Big Lottery Fund (opens new website)
  • Ignite Social Investment Fund can provide loan or equity investments of between £50,000 and £2 million for social enterprises in the energy sector. For details visit
  • Crowd funding can also be a good way of raising finance for social enterprises. One example is Spacehive (opens new website) supported by the Department for Communities and Local Government. No money needs to be paid back to contributors and it can support community projects and social enterprises which revitalise town or city centres.
Please use this form to help us improve our website; if you have a specific query, or require a response, please use our online contact form

Content ID: N_013212