Starting a new business in the UK can be financially demanding, but there are several grants available that can help ease the burden. These grants come from various sources, including the government, private organizations, and local councils. Here is a comprehensive list of grants that new businesses in the UK can apply for:

1. Government Grants

Innovate UK

• Description: Supports innovative business projects.
• Eligibility: Businesses of all sizes, across various sectors.
• Details: Funding for research and development projects, feasibility studies, and prototype development.
• Website: Innovate UK

The Prince’s Trust Enterprise Programme

• Description: Provides funding and support to young entrepreneurs.
• Eligibility: Individuals aged 18-30 who are unemployed or working fewer than 16 hours per week.
• Details: Grants, mentorship, and training.
• Website: The Prince’s Trust

UK Research and Innovation (UKRI)

• Description: Funds research and innovation across the UK.
• Eligibility: Businesses engaged in research and development.
• Details: Various grants for innovative projects and collaborations with research institutions.
• Website: UKRI

Smart Grants (Innovate UK)

• Description: Supports disruptive innovations with significant potential.
• Eligibility: Businesses of all sizes.
• Details: Funding for feasibility studies, industrial research, and experimental development.
• Website: Smart Grants

2. Regional Grants

Local Enterprise Partnerships (LEPs)

• Description: Each LEP offers different funding opportunities for businesses in their area.
• Eligibility: Varies by region.
• Details: Grants for business development, innovation, and growth.
• Website: Local Enterprise Partnerships

Regional Growth Fund (RGF)

• Description: Supports projects that stimulate private sector investment and create economic growth.
• Eligibility: Businesses that can demonstrate they will create or safeguard jobs.
• Details: Grants and loans for various projects.
• Website: Regional Growth Fund

Northern Powerhouse Investment Fund

• Description: Provides funding to boost small and medium-sized businesses in the North of England.
• Eligibility: SMEs located in the North of England.
• Details: Debt and equity funding options.
• Website: Northern Powerhouse Investment Fund

3. Sector-Specific Grants

Creative Industries Sector Deal

• Description: Supports the UK’s creative industries.
• Eligibility: Businesses in the creative industries.
• Details: Various grants for projects that foster innovation and growth.
• Website: Creative Industries Sector Deal

Agri-tech Catalyst (Innovate UK)

• Description: Supports innovative agricultural technologies.
• Eligibility: Businesses developing agri-tech innovations.
• Details: Funding for early-stage feasibility studies, industrial research, and late-stage experimental development.
• Website:

4. Local Council Grants

Local Authority Grants

• Description: Various grants offered by local councils to support small businesses.
• Eligibility: Depends on local council criteria.
• Details: Grants for business development, premises improvement, and more.
• Website: Visit your local council’s website for more information.

5. Private and Non-Profit Grants

Shell LiveWIRE

• Description: Supports young entrepreneurs starting innovative businesses.
• Eligibility: Entrepreneurs aged 16-30.
• Details: Monthly awards and annual competition with significant funding.
• Website: Shell LiveWIRE

The Lloyds Bank Social Entrepreneurs Programme

• Description: Provides support for social entrepreneurs.
• Eligibility: Social enterprises.
• Details: Grants, training, and mentoring.
• Website: Lloyds Bank Social Entrepreneurs Programme

How to Apply for Grants

1. Identify Suitable Grants:
   • Research and identify grants that match your business type, location, and sector.
2. Check Eligibility Criteria:
   • Carefully read the eligibility criteria to ensure you qualify for the grant.
3. Prepare Documentation:
   • Gather necessary documentation, such as business plans, financial statements, and project proposals.
4. Submit Application:
   • Follow the application guidelines provided by the grant provider. Ensure your application is complete and submitted before the deadline.
5. Seek Assistance:
   • Consider seeking advice from business advisors or consultants who can help you with the application process.

By exploring and applying for these grants, you can secure valuable funding to help start and grow your business in the UK.