Finance for start-ups

Newport City Council and UK Steel Enterprise Start-up Business Grants

Newport City Council runs a start up grant scheme for new starts and businesses up to 1 year old, funded by UK Steel Enterprise.

Start-up Loan Wales

Business in Focus administers the Start-up Loan Wales scheme.

To qualify you should either be under 30 years of age or have been refused private sector finance to start your business.

The Prince’s Trust

The Prince's Trust works with 18 to 30-year-olds to turn big ideas into a business reality through the Enterprise Programme. The programme is free and provides training, one to one mentoring support and funding. 

New Enterprise Allowance - Job Centre Plus

The New Enterprise Allowance (NEA) allows unemployed people to retain some benefits for up to 6 months after starting a business.

A loan and mentoring scheme are also available.