Updated 31 October 2026

Business grants and funding in Wales

Every scheme open to a business in Wales today, taken from the funders' own published criteria and re-checked daily. Some are Wales only; the rest are UK-wide and open to you as well.

39 open today. Whether your business qualifies for any of them depends on your legal form, your size, your age and where you are, which is what the check does.

The 39 open today

• Grant

  DRIVE35 Scale-up Fund Drawdown 5

  Innovate UK

  Up to£20,000,000

  A competition offering grants to UK registered organisations that want to build or convert pilot-scale or demonstration-scale manufacturing facilities for zero emission vehicle technologies and their supply chain. Grant requests must sit between £2.5 million and £20 million, with total eligible project costs above £5 million, and applicants must show they can unlock private co-investment worth at least twice the grant. Projects are expected to start from 1 June 2027 and finish by 31 March 2030.

  Closes 4 November 2026The funder’s page

• Mixed

  Growing a Business - Development Bank of Wales

  Development Bank of Wales

  Up to£10,000,000

  The Development Bank of Wales provides loans and equity investment from £1,000 to £10 million to help Welsh businesses grow, covering cash flow, new markets, premises, equipment and marketing. A fast-track loan product up to £100,000 is available to businesses that have been trading in Wales for over two years.

  RollingThe funder’s page

• Loan

  Interest rates on business loans

  Development Bank of Wales

  Up to£10,000,000

  This page sets out the interest rates and fees the Development Bank of Wales charges on its repayable loan products, which range from small Consumer Credit Act regulated loans of up to £25,000 for sole traders and partnerships, through micro loans of up to £100,000, to larger loans of between £100,000 and £10m, plus property development loans. Rates are set case by case and quoted between roughly 6.25% and 12.5% depending on the product, with arrangement fees on larger loans and on property development finance. Discounted rates are available through a Green Business Loan Scheme, and residential developers meeting green standards can get a fee reduction.

  RollingThe funder’s page

• Loan

  Property Development Finance

  Development Bank of Wales

  Up to£10,000,000

  The Development Bank of Wales lends to developers building residential, mixed-use, commercial and industrial property in Wales. Loans run from £150,000 up to £10 million, with terms of up to four years for residential schemes and five years for commercial ones, at fixed interest rates stated as 6.5% to 10.5%. Speculative schemes without pre-sales or pre-lets are accepted, and residential developments meeting green build standards can get up to a 2% cut in loan fees.

  RollingThe funder’s page

• Grant

  Property Development Grant

  Welsh Government

  Up to£8,000,000

  A discretionary grant from the Welsh Government funding the development, extension, renovation or conversion of commercial sites and premises across Wales, where the eligible cost of a project exceeds its completed value.

  Closes 31 December 2035The funder’s page

• Mixed

  Investment Fund for Wales

  British Business Bank

  Up to£5,000,000

  The Investment Fund for Wales is a £130 million commitment offering smaller loans, debt finance and equity investment to new and growing businesses across Wales, aiming to drive sustainable economic growth and increase the supply of early-stage finance for smaller businesses that might otherwise not receive investment.

  RollingThe funder’s page

• Loan

  Growth Guarantee Scheme

  BCRS Business Loans

  Up to£2,000,000

  A government-backed lending scheme delivered locally by BCRS Business Loans, giving smaller businesses in the West Midlands access to term loans, overdrafts, asset finance, invoice finance or asset-based lending they might not otherwise be offered. The government guarantee sits behind the lender; the business remains fully liable for the debt.

  RollingThe funder’s page

• Grant

  International Bilateral Fund - Call 3

  UK Space Agency

  Up to£1,500,000

  The UK Space Agency is funding space sector projects that build international partnerships, with grants of up to £1.5m per project. Projects must be led by a UK organisation, must include an international partner, must provide matched contributions, and must start on 1 April 2027 and run for no more than 18 months. Only one application is allowed per lead organisation, and the call closes at 3pm on 4 November 2026.

  Closes 4 November 2026The funder’s page

• Grant

  Depot Charging Scheme

  UK Government (published on GOV.UK Find a grant)

  Up to£1,000,000

  A government grant that pays part of the cost of installing electric vehicle charging infrastructure at fleet depots, so operators can run battery-electric vans, HGVs and coaches. The first window (25 March to 30 June 2026) covered 70% of charge point and civil costs up to £1 million per organisation, with works to finish by 31 March 2027. A further window is expected to open on 28 October 2026 for projects running to 31 March 2028, but the page says terms and grant rates for that phase are not yet confirmed.

  Closes 29 January 2027The funder’s page

• Grant

  Food Business Accelerator Scheme (window 3)

  Welsh Government

  Up to£500,000

  A Welsh Government capital grant scheme for food and drink businesses investing in processing activities, covering machinery, equipment, buildings, land and related professional fees. It supports the Welsh Government's Vision for the Food & Drink Industry, with grants of £20,000 to £500,000 covering up to 40% of eligible project costs.

  Closes 31 March 2027The funder’s page

• Grant

  Industry Impact Fund

  Construction Industry Training Board (CITB)

  Up to£500,000

  CITB's Industry Impact Fund helps levy-registered construction employers design and pilot new skills and training solutions that don't already exist. Successful proposals can receive up to £500,000 to develop a scalable, sustainable idea addressing workforce challenges such as productivity, digital skills, net zero, or worker retention.

  RollingThe funder’s page

• Equity

  Seed Funding for Tech Startups

  Development Bank of Wales

  Up to£350,000

  The Development Bank of Wales makes pre-seed and seed equity investments of £100,000 to £350,000 in tech startups, university spinouts and new companies based in Wales. It acts as a strategic co-investor alongside angels, VCs and other institutions, and looks for a clear business plan, a strong team and a defensible technology.

  RollingThe funder’s page

• Loan

  BCRS Business Loans

  BCRS Business Loans Limited

  Up to£250,000

  BCRS Business Loans is a non-profit CDFI lender offering loans of £10,000 to £250,000 to businesses in the West Midlands that have been turned down by mainstream lenders. It takes a relationship-based approach, assessing the whole business rather than a credit score alone, and is a delivery partner for the Midlands Engine Investment Fund and the Recovery Loan Scheme guarantee.

  RollingThe funder’s page

• Tax relief

  Food and Drink Hospitality Rate Relief 2026-27

  Welsh Government

  Up to£110,000

  A Welsh Government business rates relief for the 2026-27 tax year, giving eligible occupied food and drink hospitality properties in Wales a 15% discount on their non-domestic rates bill. The relief is capped at £110,000 per business in Wales for 2026-27, within an overall £315,000 subsidy-control cap over three years.

  RollingThe funder’s page

• Loan

  Start Up Loans

  Development Bank of Wales

  Up to£100,000

  A start-up loan product from the Development Bank of Wales to help new businesses cover their setup costs and get through their early years, with micro loans up to £100,000 and a separate route for larger amounts. Applying online takes about ten minutes.

  RollingThe funder’s page

• Grant

  Postcode Trust Funding

  People's Postcode Trust

  Up to£50,000

  People's Postcode Trust offers three-year, flexible core funding to registered charities, community interest companies and charitable community benefit societies with annual income between £10,000 and £1 million. Awards are up to £50,000 total spread over three years and are not tied to a specific project.

  RollingThe funder’s page

• Loan

  Business Development Loans

  Robert Owen Community Banking Fund (ROCBF)

  Up to£25,000

  Locally financed loans of £1,000 to £25,000 for businesses trading more than two years that need working capital to scale and grow. Funds are raised from local businesses, councils and community councils and reinvested in the local economy, with a typical fixed APR of 17.12% and repayment over up to five years.

  RollingThe funder’s page

• Grant

  National Lottery Awards for All Wales

  The National Lottery Community Fund

  Up to£20,000

  Grants of £300 to £20,000 for community projects across Wales lasting up to two years, covering both new activities and continuing existing ones, including projects that help organisations respond to cost-of-living pressures.

  RollingThe funder’s page

• Grant

  Sport Wales: A Place for Sport

  Sport Wales

  Up to£15,000

  Sport Wales match-funds Crowdfunder campaigns that create, enhance or redevelop off-field community sports facilities in Wales, providing up to £15,000 per project from a £300,000 match-funding pot.

  RollingThe funder’s page

• Grant

  Workplace Charging Scheme

  Office for Zero Emission Vehicles (OZEV), administered by DVLA

  Up to£14,000

  A voucher-based grant that contributes towards buying and installing electric vehicle chargepoint sockets at workplace sites across the UK. It covers up to 75% of purchase and installation costs, capped at £500 per socket for installations completed on or after 1 April 2026, with a limit of 40 sockets per applicant across all their sites. Applicants apply online, receive a voucher valid for 180 days, and an authorised installer claims the grant once the work is done.

  Closes 31 March 2027The funder’s page

• Grant

  Boiler Upgrade Scheme (BUS)

  Department for Energy Security and Net Zero (administered by Ofgem)

  Up to£9,000

  The Boiler Upgrade Scheme is a UK government grant that pays a fixed amount towards the cost of installing a heat pump or biomass boiler in a home or non-domestic building in England or Wales. An MCS-certified installer applies for and redeems the grant voucher on behalf of the property owner, reducing the upfront cost of the works.

  RollingThe funder’s page

• Grant

  Mortgage Advice Bureau Foundation Community Fund

  Mortgage Advice Bureau Foundation

  Up to£5,000

  Mortgage Advice Bureau Foundation offers match funding of up to £5,000 for community-based crowdfunding projects run through Crowdfunder. Pledges up to £250 are matched at a 3:1 ratio, and each project needs a sponsor connected to Mortgage Advice Bureau. It is open to registered charities and Community Interest Companies based in England, Scotland or Wales.

  RollingThe funder’s page

• In-kind support

  Employer Networks

  Construction Industry Training Board (CITB)

  Up to£4,500

  CITB funds local Employer Networks that pay part of the cost of construction training for member employers. From April 2026, micro-to-medium employers (1-249 staff) can book training at 50% match funding, with an annual claim cap set per employer size band; large employers have a separate fund. CITB pays the training provider directly for its share of the cost.

  RollingThe funder’s page

• Grant

  CITB Apprenticeship Grants

  Construction Industry Training Board (CITB)

  Up to£3,500

  CITB pays registered, levy-paying construction employers a grant while their directly-employed apprentice attends an approved apprenticeship, plus a further grant when the apprentice achieves the qualification. An extra top-up is available for Interior Systems Installer apprenticeships, and CITB separately funds apprentice travel and accommodation.

  RollingThe funder’s page

• Grant

  Youth Jobs Grant

  Department for Work and Pensions

  Up to£3,000

  The government's Youth Jobs Grant pays employers up to £3,000 per job for recruiting an eligible young person aged 18-24 who has been on Universal Credit and out of work for six months or more, provided the role lasts at least 16 weeks. It is open to employers of all sizes and sectors across Great Britain.

  RollingThe funder’s page

• Grant

  Plant Standards and Grants

  CITB (Construction Industry Training Board)

  Up to£880

  CITB pays fixed grants to construction employers whose staff complete approved plant machinery training, covering categories such as excavators, dumpers, forklifts and telescopic handlers. The grant amount depends on the plant tier (1 to 3) and whether the trainee is novice or experienced, and is claimed by the ATO/TPN training provider on the employer's behalf rather than applied for directly.

  RollingThe funder’s page

• Grant

  CITB Short Course Grants

  Construction Industry Training Board (CITB)

  Up to£500

  CITB pays fixed grants to CITB-registered, levy-up-to-date construction employers when their directly employed staff, business owners, partners or subcontractors complete approved short courses (at least 3 hours long) in Plant Operations, Scaffolding and other listed occupations. Grants for listed scaffolding and other short courses range from £60 to £500 per person per course, and pay automatically once an Approved Training Organisation or Training Provider Network member reports the achievement, or via direct application within 52 weeks otherwise.

  RollingThe funder’s page

• Grant

  Electric vehicle chargepoint grant for residential landlords

  Office for Zero Emission Vehicles (OZEV)

  Up to£500

  Residential landlords and organisations that own or manage rented homes can claim support towards buying and installing electric vehicle chargepoints at their properties. The grant covers 75% of purchase and installation costs, capped at £500 per socket, for up to 200 sockets a year. Applicants must be registered at Companies House or VAT registered and must use an OZEV-authorised installer.

  Closes 31 March 2027The funder’s page

• Mixed

  Buy a Business — Management Buyouts, Buy-ins and Acquisitions

  Development Bank of Wales

  Development Bank of Wales provides loans and/or equity finance to fund the purchase of a business, covering management buyouts, management buy-ins, buy-in management buyouts (BIMBOs), vendor-initiated management buyouts (VIMBOs), employee buyouts and general acquisitions. Interest on the loan portion is fixed and set per business, and applicants must submit a structured business plan showing how the finance will be repaid.

  RollingThe funder’s page

• Tax relief

  Enhanced Capital Allowance Relief in Freeport and Investment Zone Special Tax Sites

  HM Revenue & Customs

  Companies buying new plant or machinery for use in a designated Freeport or Investment Zone special tax site can deduct 100% of that qualifying expenditure from their profits before tax in the accounting period it was bought. The relief is claimed through the Company Tax Return and can be withdrawn if the asset stops being primarily used in the tax site within 5 years.

  RollingThe funder’s page

• Tax relief

  Enhanced Structures and Buildings Allowance Relief in Freeport and Investment Zone Special Tax Sites

  HM Revenue & Customs

  Businesses that incur qualifying expenditure on constructing or renovating structures and buildings within a designated Freeport or Investment Zone special tax site can claim an enhanced structures and buildings allowance of 10% a year against their profits, instead of the normal rate, for up to 10 years. Construction must begin, the expenditure be incurred, and the building brought into qualifying use, all within the special tax site and before the relief's end date.

  RollingThe funder’s page

• Grant

  Great British Energy (GBE) Supply Chain Fund: Offshore Wind and Networks

  Great British Energy

  A capital grant fund of up to £300 million to expand UK manufacturing capacity for components that are in short supply in the offshore wind and electricity networks sectors. Grants must pay for building new manufacturing facilities or extending existing ones in the UK, and the finished project must mainly produce one or more of the listed 'Critical Components'. Applications are assessed in rounds, with the window closing on 10 December 2026 unless the budget runs out sooner.

  Closes 10 December 2026The funder’s page

• Mixed

  Green Business Loan Scheme

  Development Bank of Wales

  The Development Bank of Wales offers Welsh businesses a decarbonisation funding package built around loans at discounted fixed interest rates for energy efficiency measures, renewables and low carbon heat, with upfront capital repayment holidays and a loan term linked to the project's payback period. It is combined with access to fully or part funded energy consultancy, including a grant covering up to half the cost of an independent energy audit. Applicants must be limited companies, sole traders or partnerships based in Wales that have traded for at least two years.

  RollingThe funder’s page

• Grant

  Green Gateway Grants

  Foothold Cymru

  Foothold Cymru's Green Gateway programme offers employers in Mid and West Wales fixed grant funding, linked to hours worked, to recruit and develop young people in inclusive, green-economy roles, along with free support from an Employer Engagement Manager and job coach. No award amount is stated on the page.

  RollingThe funder’s page

• Grant

  Music Export Growth Scheme

  Department for Business and Trade

  MEGS offers match-funded grants to UK-based music businesses, typically management companies or record labels that qualify as SMEs, to run marketing and promotion campaigns abroad, usually tied to international touring. It is aimed at acts that have already had commercial success in the UK and are trying to break into overseas markets. Grants cover no more than half of eligible costs and cannot pay for any activity in the UK. Applications go through the delivery partner, BPI.

  Closes 31 March 2027The funder’s page

• Tax relief

  National Insurance relief for employers in UK Freeport and Investment Zone special tax sites

  HM Revenue and Customs

  Employers with a business premises in a designated UK Freeport or Investment Zone special tax site can pay a zero rate of employer Class 1 secondary National Insurance Contributions on a new employee's earnings up to the Freeport and Investment Zone Upper Secondary Threshold, for up to 36 months from the start of their employment. The employee must spend most of their working time at the tax site and not have worked for the employer, or a connected employer, in the previous 24 months.

  RollingThe funder’s page

• Grant

  SMART Innovation Funding

  Welsh Government

  SMART Innovation Funding is a discretionary Welsh Government grant delivered through Business Wales that supports research, development and innovation projects across Wales. It is aimed at businesses researching or developing a new or significantly improved product, process or service.

  RollingThe funder’s page

• Grant

  Transferable Audio-Visual Equipment on Rail Replacement Coaches

  Department for Transport

  The Department for Transport is offering up to £2 million in grants to coach operators in Great Britain that run, or could run, rail replacement services. The scheme reimburses up to 75% of the cost of buying transferable audio-visual equipment (and supporting kit such as screens or portable induction loops) so coaches can give accessible next-stop and journey information under the 2023 accessible information regulations. Money is paid after purchase, so operators must fund the equipment upfront and evidence it, and the scheme runs for around six months or until the budget is used up.

  Closes 18 December 2026The funder’s page

• Tax relief

  UK Investment Zones Tax Site Incentives

  Department for Business, Innovation, Science and Trade

  Businesses investing in one of 13 UK Investment Zones get access to a 10-year package of tax reliefs on designated sites plus support for skills, infrastructure and innovation. On designated tax sites this includes full Stamp Duty Land Tax relief, zero-rate employer National Insurance on new employees' earnings up to £25,000 a year for 36 months, a 100% first-year capital allowance on plant and machinery, an enhanced structures and buildings allowance, and full business rates relief for eligible new or expanding businesses.

  RollingThe funder’s page