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A summary of the business grants available in the ABCD area is provided below. Most Grants do tend to be offered for only limited periods, before they are removed or are changed, and this information should therefore be checked with the issuing body before any application is made.

ABCD Business Improvement Scheme. This Grant is available only to businesses setting up or operating in the ABCD area, and is aimed at ventures with good growth potential. It is not available to loss-making or non-growth businesses, or those operating from home premises.

The Grant will cover up to 50% of expenditure on capital items (excluding VAT), such as plant; equipment and commercial vehicles. The limits are currently:

Start-Up/New businesses:              £1000

Existing businesses - upto 9 staff   £2500

Existing businesses - 10+ staff       £7500.

Guidance Notes and Conditions can be obtained from ABCD on 01902 556164. See also the ABCD BIS Grant Page. Application forms are available from Sukhy Hira on 01902 556750.

ABCD Business Security Fund. This Grant is available to improve the security of commercial premises in the ABCD area, and provides up to 50% of the capital cost of the installation, with a maximum of £5000. Details, including an application form, are available from Sukhy Hira on 01902 556750.

Prince's Trust. With start-up support from The Prince's Trust, you could get:

• a low interest loan of up to £4,000 for a sole trader, or up to £5,000 for a partnership (the average loan is between £2,000 and £3,000 but varies regionally)
• a grant of up to £1,500 in special circumstances
• a test marketing grant of up to £250
• ongoing business support and specialist advice such as our free Legal Helpline. Read about it
• ongoing advice from a volunteer business mentor
• access to a wide range of products and services, free or at discounts

You are eligible if you:

• are aged 18-30
• are unemployed or work less than 16 hours per week
• have not been able to get all the funding you need from other sources
• have a good business idea and are ready to make it a reality

Contact: 01384 892100.

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