Start-up Business Grants

Grants of up to £1,500 are available from Newport City Council and UK Steel Enterprise to pre-start ups and businesses up to 12 months old. 

The award of a grant is entirely discretionary.

For further information or an application form please email business.services@newport.gov.uk or telephone (01633) 656656. 

Eligibility 

The grant is available to pre-start up businesses and SMEs up to 12 months old. 

Companies, partnerships, sole traders, social enterprises are all eligible. 

Purpose

The grant can be used towards: 

  • a first year’s rent on first commercial premises
  • plant and equipment
  • ICT equipment
  • software, websites and related training 

Amount 

Up to 40% of eligible and reasonable costs. 

The minimum grant is £250 for a total spend of £625 and the maximum grant is £1,500 for a minimum total spend of £3750.

Criteria

The proposed project must be located in the Newport City Council area:

  • the project must safeguard or create jobs paid at or above the minimum wage
  • businesses in any sector can apply, but consideration will be given to whether the project can offer a net benefit to the local economy
  • applicants should not commit to purchases/rent before receiving written notification of the grant approval
  • applicants will need to have paid all due debts to the council
  • the proposed project must be in accordance with all statutory regulations