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Discovering grants for training courses as a small business can be achieved by following these steps.

by AtomicTeam
27 March 2024
in Finance
0
Discovering grants for training courses as a small business can be achieved by following these steps.

Training Courses to Help Your Business Thrive in a Changing Market

Stay ahead in the ever-changing market with a variety of training courses designed to boost productivity, address skills gaps, and support your business goals. Grants are available based on location, sector, and company size, so carefully review the options before applying.

Explore free educational resources offered by your local authority and government websites, such as webinars, downloads, and podcasts, in addition to the grants listed below.

150 UK small business grants to apply for right now

Government Finance and Support for Your Business

Access grants and funding opportunities on the government’s business funding website. Filter your search by typing “training” and selecting the ‘Grant’ option. Note that some grants listed may be outdated.

Prince’s Trust

Consider the Prince’s Trust for development awards to support young individuals aged 16-30 in the UK. Awards cover course fees, tools, equipment, job license fees, and more, with specific eligibility criteria.

Flexible AI Upskilling Fund

Apply for grant funding to cover up to 50% of AI skills training costs for small and medium-sized enterprises in the professional business services sector. Check eligibility criteria before the funding competition opens in May.

Private Grants

Explore private grants like UnLtd Awards and Construction Industry Training Board offerings for training and apprenticeship support tailored to your business needs. Each grant has specific eligibility criteria, so review them carefully.

Location-Specific Grants

England

Discover grants like Made Smarter West of England’s Leadership for Driving Technological Change training program and Salford Skills for Business Apprenticeship Fund to enhance skills and support business growth.

Scotland

Visit findbusinesssupport.gov.scot for various grant options for training courses in Scotland, including the Workforce Upskilling Grant for Fife companies.

Wales

Explore grants like the Mid Wales Manufacturing Group’s numeracy courses and the ReAct for Businesses program to support training and employment initiatives in Wales. Check eligibility requirements and application details for each grant.

Northern Ireland

Check out the Skills Advancement Grant and Skills for Growth for SMEs program in Northern Ireland to access funding for staff training and skills development. Ensure you meet the criteria set by Invest Northern Ireland for eligibility.

Increasing Your Chances of Securing Grants

Follow these tips to improve your grant application success rate:

  • Contact grant providers in advance to understand requirements
  • Plan ahead and allocate time for the application process
  • Have a clear project or training course in mind
  • Research and complete the application thoroughly
  • Be prepared for competition and potential cost-sharing
  • Double-check application details for accuracy

For a successful staff training plan, follow these seven simple steps to cover both hard and soft skills effectively.

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1. Chambers of Commerce 2. Small Business Administration 3. National Federation of Independent Business (NFIB) 4. Local business development centers 5. SCORE (Service Corps of Retired Executives) 6. Women’s Business Centers 7. Minority Business Development Agency 8. Entrepreneurs’ Organization (EO) 9. Small Business Majority 10. Business networking groups (such as BNI)

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Interview with Studio Flox, the recipient of a small business grant.

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Interview with Studio Flox, the recipient of a small business grant.

Interview with Studio Flox, the recipient of a small business grant.

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