Inverclyde Council Business Training Grant

Support provided by Inverclyde Council

What does this involve?

Inverclyde Council offers a training grant of up to 50% of eligible costs for businesses that are trading in the area. A maximum contribution of up to £2,000 is available. Training should be aimed at management and key workers who have a competency level around Vocational Qualification Level 3.  

Training that is a statutory requirement or mandatory cannot be funded through this grant. An application form will be issued following a meeting with a business adviser from Business Gateway Inverclyde.

Applicants must submit:

  • a business plan
  • a 1 year cash flow projection
  • evidence of trading status
  • the last full year’s accredited accounts and up-to-date management accounts
  • 3 quotes of project costs
  • proof of business insurance
  • an uncensored copy of a bank statement, dated within the past 3 months (the statement must also clearly show the name of the account holder, the account number and sort code)

If the business is operating from commercial premises, you must also submit evidence that you or your business own the lease.

Applications cannot be considered for projects that have already commenced.

Am I eligible?

Applicants are eligible if:

  • they can demonstrate that their business trades from address in Inverclyde
  • the business has been trading for at least six months
  • the business is operating in a sector where there is unlikely to be significant impact on other local businesses
  • they have attended a 1-2-1 meeting with a business adviser from Business Gateway Inverclyde
  • the project has not yet started 

What does this cost?

This is a free service. Free business advice is also provided. 

The grant is paid retrospectively into a business bank account following receipt of evidence to show total project costs.

Who is this for?

Businesses that are trade in the Inverclyde area. 

How long does this take?

Your application must be approved and relevant information provided before you can submit a claim for payment - the timescale to approve applications will vary. Once you have submitted your claim for incurred expenses, payment will usually be made within 20 days.

Next steps

Visit the Inverclyde Council website for more information.

Support provided by Inverclyde Council

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