We are often sent information about business support programmes, grants and competitions. We have collated them here for easy access. Information correct at the time of writing, please always check the relevant website for more information and application process. For specific coronavirus funding information go here.
The Mayor of London has partnered with Co-operatives UK and Power to Change to support community businesses in Greater London. We want to grow the social economy and support community businesses looking to take community ownership of local public assets.
There are two types of support available:
Applications for Track 1 start up support closed on 12 March 2021.
Grants of up to £10,000 are available to support the development of your community share offer. The grant will fund specialist advice to help you:
Organisations can apply for both, as long as they meet the eligibility criteria outlined in the application guidance.
Applications for Track 2 open on 29 March and close on 3 May 2021.
The Mayor’s Resilience Fund is an innovation programme to support London’s businesses and community groups recover from the coronavirus crisis and and work with innovators to design, test and scale creative, impactful solutions to overcome them. There are two delivery phases:
· Delivery Phase 1: In May, up to 40 finalists will be selected from the entries (up to four per challenge) and awarded £10,000 each to develop their solutions over approximately five weeks.
· Delivery Phase 2: In June, 10 winners (one per challenge) will be selected to implement their ideas and awarded up to £40,000 each to further develop their solutions between June – September 2021.
Deadline: 1 April.
Business loans for companies that can’t get funding from banks and other mainstream providers. Growing, successful and profitable businesses that have been trading for 12 months or more. From £3,000 to £100,000.
Start Up Step Up London is an innovative LEAP Growth Hub/ESF programme designed to help Londoners access entrepreneurship and improve their enterprise skills at this critical time for our economy.
Delivered by visionnaires part of Capital City College Group with partners across London, participants will benefit from visionnaires groundbreaking start-up programme, targeted skills training and one-to-one coaching & mentoring.
The Mayor’s £1m Back to Business Fund will offer up to £5,000 in match funding to small and independent businesses through the Pay It Forward London crowdfunding platform.