The scheme can contribute towards project-related costs associated with capital expenditure, infrastructure improvements, training, consultancy, and attending trade shows and exhibitions. It is not geared towards addressing working capital requirements.

The business must have been actively trading for at least 3 months but less than 12 months at the time of application.

This grant scheme has a tiered funding structure with grants of up to £1,000 and up to £3,000 available.

• For businesses with more than one full-time employee, the scheme will provide 100% grant support up to £3,000.
• For self-employed individuals with no employees, it is anticipated that a maximum one-off grant will be made available up to £1,000.

Projects that have already started and purchases that have already been paid for (prior to a decision on the application) are ineligible. The grant must be claimed within 6 months of the award date, and only after the project has been completed and all suppliers have received payment in full.

For further information or to apply please email BusinessFund@northlan.gov.uk

Before applying, please read the Guidelines for Applicants to make sure that your business, and the specific project you're seeking support for, are eligible for consideration under this grant scheme.

To request an application form, please contact either a Business Gateway Lanarkshire adviser (call 01698 520775, email lanarkshire@bgateway.com) or a council officer (email businessfund@northlan.gov.uk) to discuss your enquiry in more detail.

The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025. The fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills.