Financial assistance

Newport City Council Business Finance  

Please contact us for help and advice

 

Contact us for help and advice|!

 

 

Loans for established businesses over 12 months old|

Loans for businesses under 12 months old and start-ups|

Start-up business grants|

Superfast broadband grants|

Sources of finance

Advanced Materials and Manufacturing 

The Welsh Government’s Advanced Materials and Manufacturing SME Growth Fund provides revenue support in the form of grants up to £50,000 for eligible projects. 
Visit Business Wales| for details.  

Digital Development Fund

The Welsh Government Digital Development Fund| is designed to support creative industries to exploit new business markets through emerging digital technologies. 

Exporting

The Welsh and UK governments offer subsidies to attend their overseas trade missions and for approved business development visits to overseas markets.
Visit Business Wales| for further information. 

Factoring and discounting

Businesses can raise finance by selling their outstanding invoices (accounts receivable), or using them as collateral. 
Visit Business Wales| for further information.  

Video Gaming and Film Production

Special tax reliefs are available from HM Revenues and Customs| for eligible expenses incurred in making films and video games.

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 has a loan fund for the development of social enterprises.

  • The Santander Social Enterprise Development Award run in association with the Community Foundation for Wales, can give up to £50,000 to established social enterprises as well as practical assistance and mentoring. Email info@cfiw.org.uk .

  • 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 

  • Ignite Social Investment Fund can provide loan or equity investments of between £50,000 and £2 million for social enterprises in the energy sector.  

  • Crowd funding can also be a good way of raising finance for social enterprises.