Inverclyde Council New Business Marketing Grant
Last Updated: 08 Jun 2023
Contents
Support provided by
Inverclyde Council
What does this involve?
Inverclyde Council offers a marketing grant to help businesses that are starting to trade in the area. The grant can be used to cover up to 100% of your marketing activity costs, to a maximum of £500.
Applicants must submit:
- a business plan
- a one-year cashflow projection
- evidence of trading status
- 3 quotes for project costs
- proof of business insurance
- an unredacted copy of a bank statement, dated within the past 3 months, that clearly shows 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 owns the lease.
You will need to meet with a business adviser from Business Gateway Inverclyde before you receive an application form.
You cannot apply for funding for projects that have already started.
Am I eligible?
You are eligible if:
- you can demonstrate that your business has started trading from an address in Inverclyde in the last 6 months
- you must work in the business for at least 15 hours per week, and plan to work in the business full time by the end of your first year of trading
- your projected turnover for the first year is at least £10,000
- your business operates in a sector where there is unlikely to be a significant impact on other local business
- you have attended a one-to-one meeting with a business adviser from Business Gateway Inverclyde
What does this cost?
This is a free service. Free business advice is also provided.
The fund can cover up to 100% of your eligible marketing expenditure costs, with a maximum contribution of £500. You must be prepared to cover the rest of the costs from other sources.
The grant will be paid retrospectively into your business bank account after you submit evidence of your total project spending. You must be able to cover the costs upfront before claiming back the grant amount.
Who is this for?
Businesses that are starting to trade in Inverclyde, or have started trading there in the last 6 months.
How long does this take?
After you meet with your start-up business adviser, 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've submitted your claim for expenses, payment will usually be made within 20 days.
Important information
The grant will be paid retrospectively into your business bank account after you submit evidence of your total project expenses. You must be able to cover the costs upfront before claiming back the grant amount.
You cannot apply for funding for projects that have already started.
Next steps
Submit an enquiry and an adviser will be in touch to discuss your needs.
Support provided by
Inverclyde Council