6. Application Process
You must register your interest by contacting one of the business support providers to ensure eligibility of your business proposal. Your proposal will then be assessed for eligibility purposes and if approved, you will be invited to submit a full application.
As part of the formal grant application, applicants are required to submit the following:
- Fully completed Application Form, and Annex A excel spreadsheet
- Business Plan or Strategy to include 2 years projected forecasts (cash flow and/or profit and loss)
- At least 2 full years historical accounts and recent management accounts, if available. If a business has not been trading for 2 years, management accounts and or income & expenditure summary must be provided from the trading start date up to application date
- Formal written quotes for the items included in the application (please see procurement guidance)
- Proof of match funding
Please Note - Before proceeding to panel, applicants will need to provide essential documents such as match funding, planning permission (where applicable), must be confirmed before the business support providers will prepare the application for consideration to panel. The applicant is wholly responsible for ensuring that all aspects of the scheme are in compliance. Failure to do so may result in no grant being paid or reclaimed.
Applications are welcomed in Welsh or English. Applications submitted in either language will be treated equally.
Please note that expenditure must not commence before approval is given, as the grant cannot be awarded retrospectively.
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