What would you do with £500 for your business idea or project?
You can apply for £500 whether you have a registered business or not. There are two strands of funding you can apply for depending on the stage you are at with your business or idea. A breakdown of each fund is listed below - see which one applies to you and follow the link to find out more:
Ideas Fund - £500
If you would like to try an idea out, but do not have a registered business yet, then you can apply for £500 through the Ideas Fund. If your initial application is successful you will be invited for a meeting. Upon successful completion of the application process, funds will be awarded for you to purchase agreed items, based upon your quotes. Receipts will be required within six months after obtaining the funds.
Start-Up Fund - £500
If you have started a business or registered as self-employed (freelancer), you can apply for £500 through the Start-Up Fund. Evidence of your spend will be required as part of your application to claim back your incurred costs. Although we do not have a formal interview process, we will need to meet with you to further discuss your application. We have provided a shopping list as a handy guide to help you with the more typical costs associated with getting started.
Available to students and recent graduates (up to two years from graduation).
Freelancing Fund - £100
Are you creating your own Freelance? We are offering £100 to help grow your Freelance project. Simply fill in the form using the below link with details about your idea.
Please note: Due to visa restrictions on starting a business in the UK, this is only available to students from the UK. International students looking to start a business in the UK after graduation can contact the B-Enterprising Team for further information.
Contact the B-Enterprising team
If you are unsure which fund you should apply for, feel free to email the B-Enterprising team at benterprising@contacts.bham.ac.uk.