Starting your own business - growing your business - in need of capital to support your business. Grant aid and support is accessible from a number of organisations as detailed below. The amount of financial assistance offered to any business could be dependant on any one of the following criteria:
- viability
- innovation
- unmet local need
- type of business (eg: retail, service or manufacturing)
- age
- export potential
- location (eg: rural, urban)
- job creation potential
A wide range of services are available to the small business sector from any of the local high street banks
Local Enterprise Development Unit (LEDU)
LEDU offers a range of financial assistance for businesses involved in manufacturing or tradeable services
Seed Capital Funding
Seed Capital funds provide low interest loans to people starting their own businesses who can not secure finance elsewhere. Contact Coleraine Enterprise Agency for further information
Princes Youth Business Trust
PYBT provides grants and loans at low interest rates to assist 18-30 year olds to start up in business
Business Start Programme
The Business Start Programme is a package of support drawing on the resources of local government, central government and the European Union to encourage and support individuals into self employment. The package incorporates business counselling, training and grant aid.
Royal British Legion
Makes available interest free loans to ex-service personnel who are establishing a new business venture
Training & Employment Agency
The T&EA supports and assists individuals to set up their own business through a new initiative called New Deal
