Business Incentive Grant

About

The Business Incentive Grant offered by Test Valley Borough Council provides new startups in the Test Valley area with a £750 grant to support their initial operations and growth, requiring applicants to meet specific criteria and apply within a set timeframe to receive funding.

Benefits

• £750 startup grant
• Support from local government to stabilize and grow the business

Eligibility Criteria

• Must be a new startup business
• Must be located within Test Valley
• Owner must work full-time in the business (minimum 30 hours per week)
• Must apply within 8 weeks of starting trading
• Grant paid after 6 months of operation
• Must comply with council visits and requirements
• Must display grant identification sticker if open to the public
• Must agree to publicity conditions
• Not applicable for businesses promoting radical or terrorist activities
• Only one grant per applicant within five years