What are Local Enterprise Grants?

Local enterprise grants are funding opportunities provided by local governments, foundations, and other organizations to support small and medium-sized enterprises (SMEs) in their local community.

Types of Local Enterprise Grants

There are various types of local enterprise grants available, including:

• Startup grants for new businesses
• Growth grants for expanding businesses
• Innovation grants for R&D projects
• Export grants for international trade

Eligibility Criteria

To be eligible for local enterprise grants, businesses typically need to meet certain criteria, such as:

• Being a SME with a certain number of employees
• Operating in a specific industry or sector
• Having a certain level of revenue or turnover