Funding from SWIG for new and small companies in South West region

The Phoenix Business Development Fund

How Can The Fund Help You?

By providing up to 50% matched funding up to £20,000 for a range of start-up or expansion costs

What Can it be Used For?

The fund is flexible, but it can help with things like:

	Equipment needed for you to start your business
	Plant and machinery to help you meet market demand
	Premises purchase to provide stability for the future
	Market Research to enable your business to define its customer base
	Marketing of your business, its products and services

Who Qualifies?

The Phoenix Business Development Fund
Is for new and small businesses that have been trading for less than 12 months.

You must also:

	Be unable to raise sufficient bank finance
	Be based within the areas on the map
	Show that you will not be competing unfairly in the local economy
	Weighting is given to businesses owned by people with disabilities, ethnic minorities, single parents, people returning to work and people over 50 years of age
	All sectors considered apart from transport, agriculture, fisheries, coal and steel

For further details or an application form, click on the relevant link below:

Links:
view past funding examples
how to apply

Downloads:
Phoenix Business Development Fund - application form
Phoenix Business Development Fund - guidance notes