6. Application Process
Applicants are strongly encouraged to seek support from a business support provider or recognised consultant when preparing their application.
As part of the application, the following must be submitted:
- Fully completed Application Form and Annex A Excel spreadsheet
- Business Plan, including at least two years’ projected forecasts (cash flow and/or profit and loss)
- At least two years of historical accounts and recent management accounts, where available. If the business has been trading for less than two years, management accounts and/or an income and expenditure summary must be provided from the start of trading to the date of application
- Formal written quotes for all items included in the application (see procurement guidance below)
- Evidence of match funding
Please note: The applicant is solely responsible for ensuring compliance with all scheme requirements. Failure to do so may result in non-payment or recovery of grant funds.
Applications are welcomed in both Welsh and English and will be treated equally.
Expenditure must not commence prior to approval, as retrospective funding is not permitted.
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