Research and Development Tax Credits

Supports science and tech companies to research and develop an advance in their field.

Princes Trust

Run free enterprise programme which offers Government backed start-up loans. Also structured programme of support and mentoring.

Plug-in grant

Grant funding towards purchase of certain models of car, motorcycle, moped, van or taxi with low emissions. Also grant towards up-front costs of purchase and installation of electric charging points for eligible businesses, charities and public sector organisations. The aim is to make new lower emission vehicles as competitive in pricing as traditional models.

Patent Box Relief

Enables companies to apply a lower rate of corporation tax to profits.

Online Banks – Triodos Bank 

Sustainable bank offering small and large loans. Also crowdfunding platform for unsecured debt, bond and share offers between £250,000 and ten million.

Online Banks – Starling Bank 

Free and straight forward online business account with overdraft.  Website includes business talks from leading figures and entrepreneurs. 

New Enterprise Allowance

A grant fund dedicated to supporting people on certain benefits to start a business or develop a business if already self-employed.  Depending on your circumstances may provide business mentoring, a weekly allowance and the option of a start-up business loan.

London Small Business Centre 

Unsecured Government backed Start Up Loans

Knowledge Transfer Partnerships

Creates three way collaboration between business/not for profit organisation and suitably qualified graduate to help realise innovation. As well as the main programme, there is a new management KTP focussing on management based projects and linking you with one of the top business schools.

Kickstarter 

A crowdfunding platform where you set a target amount. You cannot offer equity, revenue sharing or investment.

Innovative Medicines Initiative (IMI)

Do calls for funding or calls for proposals. Funding comes from EU taxpayers and the pharmaceutical industry.

Horizon 2020

EU funded two year grant programme covering specific areas. Puts out funding opportunities on website.

High Street Banks – Novuna

Business loans for Limited Liability Partnership (LLP), Limited Company or PLC.

High Street Banks – NatWest 

Business Account (including credit card and overdraft). Also loans.

High Street Banks – Monzo

Basic business bank account – can put money into pots e.g tax, insurance etc. Can also give other people access to the account. Are developing account to offer more in the future. At the moment do not offer loans but are working with Funding Xchange to connect customers to multiple lenders.