Business & economy

New grants and loan schemes and the latest news on funding opportunities for businesses in Devon.

  • Fishing and Coastal Growth Fund

    A new multi-year fund with a budget of £360m is launching soon to support fishing and seafood businesses and coastal communities across the UK. The aim of the Fishing and Coastal Growth Fund (FCGF) is to modernise the fishing and seafood sector, build resilience, and support coastal regeneration. The FCGF is still being developed and […]

  • Local Power Plan

    Funding will become available later this year through the Local Power Plan which has been announced by government. The Local Power Plan will support local and community-owned clean energy across the UK. It is being delivered by Great British Energy (GBE) and will bring together grants, loans, advice and expert help to invest in the […]

  • Trading for Good: Community Business

    Trading for Good provides funding, education and support for social entrepreneurs and community businesses across England. Community businesses in the South West can apply to take part in the Trading for Good programme starting 31 March 2026 and running until 30 September 2026. This is an online programme designed to support community businesses to strengthen […]

  • NFU Mutual Charitable Trust

    Grants are available from the NFU Mutual Charitable Trust for projects and initiatives which: The trust has a particular interest in supporting initiatives which educate young people in rural areas and relieve poverty within rural areas. There is a focus on providing funding to larger initiatives which would have a significant impact on the rural […]

  • SWEF and Young Devon

    Young people in Devon can apply for grants to help them to set up or grow their own business. The grants come from SWEF which provides business grants up to the value of £2,000 to support the business initiatives of young entrepreneurs aged 18 to 30. The SWEF programme is delivered in Devon by Young […]

  • GBE Supply Chain Fund: Offshore Wind and Networks

    Capital grants are on offer for manufacturers producing components for the offshore wind and electricity networks supply chain. The Great British Energy (GBE) Supply Chain Fund is a new programme with a total budget of £300m to address constraints in the supply chain for the offshore wind sector. Manufacturing businesses can apply for funding to […]

  • Horizon Europe

    Horizon Europe is the EU research and innovation programme: UK organisations can apply for funding to participate in the programme, based on an EU/UK agreement which makes the UK an ‘associate country’ to Horizon Europe. The new Horizon Europe work programme for 2026/27 has now been published setting out the priorities for the final two […]

  • Life Sciences Innovative Manufacturing Fund

    Manufacturers seeking investments in large-scale projects to manufacture medicines and medical diagnostic products can apply for a capital grant from the Life Sciences Innovative Manufacturing Fund. Your project must have a total cost of at least £8m. The fund is open to applications for MHRA-licenced medicines, medical and diagnostic devices registered with the MHRA (Medicines and Healthcare […]

  • Oli Bennett Charitable Trust

    The Oli Bennett Charitable Trust was set up in memory of Oli Bennett who died in the September 11th World Trade Centre attack. It provides small grants for young people starting a business. Applicants must be aged between 18 and 30 and should note the following requirements:

  • Mid Devon Business Refresh Grant

    Small businesses in Mid Devon can apply for a grant to help improve their premises. Refresh grants of up to £2,500 are available to help existing commercial, retail, leisure, hospitality and tourism businesses to refresh their look, with priority given to those in Mid Devon towns and villages. If you have an independent business with […]