Start Up Grants/Loans

[Jake Briggs]

Hi, A friend and myself are currently looking at getting a grant/loan to start our business idea. There seem to be 1000's of options out there.......a bit of a minefield really. The industry will be in construction, with the grant needed probably not going to total more than £4,000. Does anyone know of a good place to start looking?

 

[vladyslavap]

Hi Jake, try applying here startuploans.co.uk if you or your friend are under 30 that is.

 

[businessfunding]

Grants are few & far between, and generally relate to some specific contribution.

As above, you might qualify for a start-up loan under that scheme

Otherwise your options include:
Start smaller, within your current mans
Sell anything you can.
FFF

 

[Mosschops]

Depending on where you are... and if I was more experienced in this forum I might be able to find out... there are businesses out there, which specialise in providing loans to new / small companies. As part of this, they want to see (and will help you with) a business plan, include some mentoring and networking, and so on.

The only one I know is in Ipswich, and only operates in East Anglia. It is called Foundation East. But there are others. I suggest speaking to them, both to understand whether what they offer is suitable, and to get a referral to a different regional branch.

 

[Bexhill]

Hi Jake, try applying here startuploans.co.uk if you or your friend are under 30 that is.

Is this Safe? I've just had a look at it and it seems ok, but is there anything hidden?

 

[businessfunding]

Is this Safe? I've just had a look at it and it seems ok, but is there anything hidden?

No, nothing hidden, it is a Government initiative.

 

[Bexhill]

No, nothing hidden, it is a Government initiative.

Oh ok, I'll have to look into it in a little bit more detail!

 

[WJP]

If you're going to apply for a StartUp Loan, it's worth having a look through different delivery partners and (if possible) talking to people they've arranged loans for, as the service and services you get can vary.

 

[Bexhill]

If you're going to apply for a StartUp Loan, it's worth having a look through different delivery partners and (if possible) talking to people they've arranged loans for, as the service and services you get can vary.

Okay, thank you for your advice sir!

 

[The Funding Angels]

Hi Jake, you might want to try attending some angel networking events. You can pitch your idea to various investors and you might get what you want.

Hope that helps. Or check thefundingplace.com
Cheers!