SWEF Fund
Overview
This fund offers Start-up Grants of up to £500 and Business Grants of up to £2,000 for young people between the age of 18-30 who are working on their own business initiative who need support with business costs that they would otherwise not be able to afford, and particularly those who are not in education, employment or training.
- Who can apply?
- Non-profit organisations
- Maximum grant
- Up to £2,000
- Eligible area
- Cambridgeshire
- Deadlines
- Rolling
Fund criteria
The SWEF Fund awards grants to young people in Cambridgeshire who need support with business costs that they would otherwise not be able to afford, and particularly those who are not in education, employment or training.
This is not a loan scheme and recipients do not need to pay the grant back.
Depending on the current stage of your business, you can apply for a START-UP GRANT of up to £500 or a BUSINESS GRANT of up to £2,000.
Who can apply?
You can apply for a grant from this fund if you:
- Live in Cambridgeshire
- Are aged 18 to 30
- Are launching or running a new business that has been trading for under two years
- You have a business bank account or are setting one up (grants are only paid into business bank accounts
Please bear in mind that applications based solely on business ideas won’t be considered. You’ll need to show that you have taken steps to get your business off the ground by putting time, energy and thought into it.
The Start-Up Grant is suitable for businesses who have only been trading for a short time and whose income is less than £500 per month, or businesses that haven’t started trading yet but are very close to.
The Business Grant is more suitable for businesses who have been trading for 6 months or more with an income of £500 a month or more.
Webinar | Tuesday 9 December | 10:00 AM
Whether you’re considering applying for funding yourself or want to understand how to refer young people from your network, this session will equip you with the knowledge you need.
Apply for a grant
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