The Barriers Grant has been set up to support unemployed individuals that face greater economic barriers when starting a business. This is a discretionary grant that will help up to 600 individuals become self-employed or start a business. The grant will be open to all unemployed individuals, however priority in allocating funding will be given to those most affected by the Covid-19 outbreak:
- Women
- Disabled people
- People from BAME backgrounds
- Young people not in education or training (NEETS) aged 18-24
The Barriers Grant is also open to those that graduated in 2019 or 2020 and are currently underemployed. (Up to 30 years old.)
Individuals will be able to apply for up to £2,000 to contribute towards the essential costs of starting a business. To apply for this grant individuals must sign up for business support from Big Ideas Wales who can help you consider the viability of your business idea and develop your business plan.
For further information and to sign up for business support please go here:
https://businesswales.gov.wales/bigideas/barriers-grant
