Why grants are worth pursuing
Unlike loans, grants don't need repaying — but they're competitive, often restricted to specific activities, sectors or regions, and usually require matched funding or specific outcomes. The best grant is one you genuinely qualify for and can meet the conditions of. They're worth the effort of researching.
1. Government innovation grants
Funding for research, development and innovation (e.g. via Innovate UK). Best for businesses developing new products, technology or processes — competitive but valuable for genuine innovation.
2. Regional and local growth grants
Councils, growth hubs and combined authorities offer grants to support local business growth and jobs. Best for businesses investing or creating jobs in a specific area — check your local growth hub.
3. Sector-specific grants
Grants targeting particular industries (green tech, manufacturing, agriculture, creative). Best for businesses in a funded sector — eligibility is narrow but competition can be lower.
4. Start-up and small business grants
Some grants support new and small businesses, sometimes alongside the government-backed Start Up Loan. Best for early-stage businesses — see our startup finance guide.
5. Green and energy-efficiency grants
Funding to help businesses cut emissions or improve energy efficiency. Best for businesses investing in sustainability — a growing area of grant support.
How to find grants you qualify for
- Check the government's business finance support finder
- Contact your local growth hub or council
- Look for sector bodies offering grants
- Be ready to meet conditions (matched funding, outcomes, reporting)
How to fund your business
Grants take time and aren't guaranteed, so many businesses combine them with finance. A business finance specialist can help structure the right mix. Find a business finance specialist through Nesto — free, no obligation.
Frequently asked questions
Do business grants have to be repaid?
No — grants are non-repayable, but they're competitive and usually come with conditions like matched funding or specific outcomes.
How do I find business grants?
Check the government's business support finder, your local growth hub or council, and sector bodies. Eligibility is often specific.
Can startups get grants?
Yes — some grants support new and small businesses, sometimes alongside the government-backed Start Up Loan.
Are grants hard to get?
They're competitive and often restricted, but worth pursuing if you qualify — it's free funding. Many businesses combine grants with finance.
What conditions come with grants?
Often matched funding, specific use of funds, job creation or innovation outcomes, and reporting. Check before applying.