Guide to UK Small Business Grants by Region

An overview of the main grant programmes available to UK small businesses, organised by region, with guidance on eligibility, application and what funders look for.

Business grants provide funding that does not need to be repaid – unlike loans, there is no interest and no monthly repayment. For UK small businesses, grants are available from central government, devolved administrations, local councils, lottery funds and private foundations. The challenge is finding the right one and putting together a strong application.

Grants are competitive. Most programmes receive far more applications than they can fund. Understanding who offers what, what they are looking for and how to present your case significantly improves your chances.

For more general information on grant funding, see our guide to business grants .

National programmes

These grants are available to businesses across the UK, regardless of location:

ProgrammeWhat it fundsGrant sizeWho can apply
Innovate UK Smart GrantsResearch and development, innovation projects£25,000 to £2 millionBusinesses developing innovative products, processes or services
Innovate UK CatalystSector-specific innovation (varies by round)VariesBusinesses in targeted sectors (announced per round)
Knowledge Transfer Partnerships (KTP)Embedding a recent graduate to work on an innovation project with university support£30,000-£70,000 per year (grant contribution)Businesses partnering with a UK university
Creative Europe / UK equivalentsCreative and cultural sector projectsVariesCreative businesses and cultural organisations
Energy efficiency grantsImproving energy efficiency in SMEsVariesSMEs in eligible sectors

Innovate UK

Innovate UK is the largest single source of grant funding for UK businesses. It runs multiple competitions throughout the year, each targeting specific themes or sectors. Applications are assessed on innovation, commercial potential, project plan quality and value for money.

Typical Innovate UK grants fund 50-70% of project costs for SMEs (the business must provide the rest as match funding). Projects usually last 6-36 months.

England

National funds

ProgrammeWhat it fundsGrant size
UK Shared Prosperity Fund (UKSPF)Business support, skills, community projectsVaries by local authority
Growth Hub grantsBusiness growth, productivity, innovationTypically £1,000-£25,000
Rural England Prosperity FundRural business development, tourism, communityVaries

Regional funds

England’s regional grant landscape is delivered primarily through Local Enterprise Partnerships (LEPs), Combined Authorities and local councils. Availability changes frequently as programmes open and close.

RegionTypical programmes
North EastNorth East Growth Hub grants, North of Tyne Combined Authority business support
North WestGreater Manchester Business Growth Hub, Lancashire business grants
Yorkshire and HumberWest Yorkshire Combined Authority grants, South Yorkshire business support
MidlandsMidlands Engine investment, WMCA business grants, D2N2 LEP grants
East of EnglandNew Anglia LEP grants, Cambridgeshire & Peterborough Combined Authority
LondonMayor of London business programmes, London Growth Hub
South EastCoast to Capital, Enterprise M3, Solent LEP grants
South WestHeart of the South West LEP, Cornwall and Isles of Scilly Growth Hub

Each region’s offering depends on local priorities and available funding. The best starting point is your local Growth Hub (gov.uk maintains a directory), which provides free advice and can point you to current programmes.

Scotland

Scottish Enterprise and Highlands and Islands Enterprise are the main agencies for business grants in Scotland.

ProgrammeWhat it fundsGrant size
Scottish Enterprise R&D grantsResearch and development projectsUp to 50% of eligible costs
Highlands and Islands Enterprise grantsBusiness start-up, growth and innovationVaries
Scottish Government SME grantsVarious sector-specific programmesVaries
Business Gateway grantsStart-up and early-stage supportTypically smaller grants and support packages
Can Do Innovation Challenge FundInnovative solutions to public sector challengesVaries

Scotland also has strong sector-specific support in food and drink, renewable energy, life sciences and technology. Business Gateway (the Scottish equivalent of Growth Hubs) is the first point of contact for grant advice.

Wales

Business Wales and the Development Bank of Wales are the primary channels.

ProgrammeWhat it fundsGrant size
Business Wales Accelerated Growth ProgrammeHigh-growth businessesSupport and advisory (not always direct grants)
Smart Innovation programmeR&D and innovationUp to £50,000
Tourism Investment Support SchemeTourism businessesVaries
Development Bank of Wales grants and loansStart-up, growth, green investmentVaries (loans and grants)
Regional funds (e.g. North Wales Growth Deal)Regional economic developmentVaries

The Development Bank of Wales blends grant and loan funding, often offering grants alongside micro-loans for start-up businesses .

Northern Ireland

Invest Northern Ireland is the lead agency.

ProgrammeWhat it fundsGrant size
Invest NI Grant for R&DResearch and developmentUp to 50% of eligible costs
Invest NI Skills interventionsStaff training and developmentVaries
Go for It programmeStart-up businessesAdvisory support + small grants
Innovation VouchersWorking with a knowledge provider on a specific projectTypically £5,000
InterTradeIreland programmesCross-border trade and innovationVaries

Northern Ireland businesses may also access EU-funded legacy programmes and cross-border schemes with the Republic of Ireland.

What funders look for

Grant applications are assessed against published criteria. While each programme differs, common themes include:

CriterionWhat to demonstrate
InnovationIs the project genuinely new or different? What problem does it solve?
Commercial viabilityCan the project generate revenue and sustain itself beyond the grant period?
Value for moneyAre the costs reasonable and proportionate to the expected outcomes?
AdditionalityWould the project happen without grant funding? Funders want to support activity that would not otherwise take place
ImpactJobs created, revenue generated, exports, productivity improvements
DeliverabilityDoes the team have the skills and resources to deliver the project?
Match fundingCan you demonstrate that your contribution (cash or in-kind) is secured?

How to apply successfully

  1. Check eligibility carefully before investing time in an application. Most rejections are because the applicant does not meet the basic criteria
  2. Start with your local Growth Hub or enterprise agency – they offer free advice and often pre-screen applications
  3. Be specific about outcomes – vague promises do not score well; use numbers (jobs, revenue, units, exports)
  4. Budget accurately – include realistic quotes and explain each cost line
  5. Demonstrate match funding – show where your contribution is coming from (savings, revenue, other funding)
  6. Allow enough time – grant applications take longer than you think; start well before the deadline
  7. Get feedback on failed applications – most programmes offer feedback that you can use to strengthen a resubmission
  8. Keep records meticulously – grant conditions require you to evidence spending and outcomes; poor record-keeping leads to clawback

Grant accounting

When you receive a grant, the accounting treatment depends on whether it is a revenue grant (funding operating costs) or a capital grant (funding asset purchases):

Grant typeAccounting treatment
Revenue grantRecognise as income in the period the related expenditure is incurred
Capital grantRecognise over the useful life of the asset (matching the depreciation), or deduct from the cost of the asset

Under FRS 102 (Section 24), grants are recognised using either the performance model (recognise when performance conditions are met) or the accrual model (recognise systematically over the period the costs are incurred).

Grants are not free money in the sense that most come with conditions. Failing to meet those conditions – whether milestones, job creation targets or reporting requirements – can result in the grant being clawed back in part or in full. Budget for the admin and monitoring obligations alongside the project itself.