Funding support and mentorship schemes

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Whether you’re an experienced entrepreneur or a graduate with a great idea, there’s a wide range of support available for start-up businesses in Greater Lincolnshire. From business advice and mentorship services to funding schemes and more, the list below covers just some of the programmes available to help get your business off the ground.

 

Better Off in Business (The Princes Trust)

This programme helps young people aged 18-30 to explore and test their business ideas, write business plans and start their own businesses, or achieve alternative goals in education, training or work.

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BG Futures

BG Futures, based at Bishop Grosseteste University, is a scheme dedicated to helping local community businesses to start-up and grow. In addition to offering affordable business facilities to new enterprises, the programme also offers business advice and mentoring services, networking events and more.

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ERDF Enterprise Start Up

This programme is for start-ups and existing businesses who wish to grow and sustain their success. The scheme can also lead to formal qualifications in Enterprise Awareness or Leadership and Management.

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Growth Investment Fund or Local Digital Start Ups

This investment fund is designed to help businesses to grow and take advantage of new opportunities and comes with financial investment and support to grow and guide your business.

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Growing Graduate Enterprise

This scheme includes a grant of £2,500 and 24-hours of business support for graduates living in Greater Lincolnshire.

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Growing Enterprise – Grant for New Business

This grant scheme supports Greater Lincolnshire start-ups who need assistance in funding a specific project or investment.

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NBV/NWES Start Up Loan

These government-backed start-up loans can be up to £25,000 and are offered an interest rate of 6% over one to five years.

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Small Business Loans Fund – East and South East Midlands

This fund assists first or new businesses in the East and South East Midlands to start up, grow and sustain.

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SKDC Business Advice

This programme offers free support for new or growing businesses based in South Holland.

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Young Innovators' Programme (The Prince's Trust)

This innovation support scheme, in partnership with Innovate UK, supports young adults between the ages of 18 and 30 in turning their business ideas into reality.

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