{"id":1207,"date":"2023-08-08T20:17:12","date_gmt":"2023-08-08T19:17:12","guid":{"rendered":"https:\/\/www.devon.gov.uk\/supporting-ukraine\/?page_id=1207"},"modified":"2025-10-20T10:54:05","modified_gmt":"2025-10-20T09:54:05","slug":"getting-funding-support","status":"publish","type":"page","link":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/key-services\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/getting-funding-support\/","title":{"rendered":"Funding for your business"},"content":{"rendered":"\n<p><strong>The information below is only intended to provide links to possible loan and grant providers. Devon County Council does not endorse any business or personal loans, grants or other financial schemes. You should seek advice from a qualified financial expert before committing to any financial arrangement.&nbsp;<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. Finance options<\/h2>\n\n\n\n<p>Read about the&nbsp;<a href=\"http:\/\/thebusinessfinanceguide.co.uk\/\" target=\"_blank\" rel=\"noopener\">finance options available for businesses<\/a>&nbsp;on the Business Finance Guide website.<\/p>\n\n\n\n<p>You\u2019ll need a business plan if you want to secure investment or a loan from a bank. Check out <a href=\"https:\/\/www.devon.gov.uk\/supporting-ukraine\/?page_id=1205&amp;preview=true\" target=\"_blank\" rel=\"noopener\">advice on writing a business plan here<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading gem-c-title__text govuk-heading-xl\"><a href=\"https:\/\/www.gov.uk\/apply-start-up-loan\" target=\"_blank\" rel=\"noopener\">2. Apply for a Government-backed start-up loan for your business<\/a><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.gov.uk\/apply-start-up-loan\" target=\"_blank\" rel=\"noopener\">Apply for a government-backed Start Up Loan<\/a> of \u00a3500 to \u00a325,000 to start or grow your business. Unlike a business loan, this is an unsecured personal loan. You\u2019ll need to pass a credit check.<\/p>\n\n\n\n<p>You\u2019ll get free support and guidance to help write your business plan, and successful applicants get up to 12 months of free mentoring.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">To apply for the loan you must meet the following requirements:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>you need to live in the UK<\/li>\n\n\n\n<li>you need to be 18 or over<\/li>\n\n\n\n<li>you need to have (or plan to start) a UK-based business that\u2019s been fully trading for less than 36 months<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"fees-and-repayment\">Fees and repayment<\/h3>\n\n\n\n<p>Start Up Loans are government-backed and charge a fixed interest rate of 6% per year.<\/p>\n\n\n\n<p>You can repay the loan over a period of 1 to 5 years. There\u2019s no application fee and no early repayment fee.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.gov.uk\/business-finance-support?keywords=devon\" target=\"_blank\" rel=\"noopener\">3. Local finance and support for businesses in Devon:<\/a><\/h2>\n\n\n\n<p><a href=\"https:\/\/businessinfopoint.co.uk\/business-funding\/\" target=\"_blank\" rel=\"noopener\">Business Information Point<\/a> &#8211; BIP has close links with organisations that provide funding for small or medium sized businesses (up to 249 employees), and can advise you on available funding in Devon. Through one of BIP&#8217;s experienced advisers, they can get your business ready and submit a strong application for funding.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.swigfinance.co.uk\/\" target=\"_blank\" rel=\"noopener\">SWIG Finance<\/a> &#8211; SWIG finance provides Loans ranging between \u00a325,000 and \u00a3250,000 for small to medium sized businesses and start-up businesses.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">More guidance on starting a business:<\/h1>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><br \/><h4><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/business-and-ip-centre\/\" target=\"_blank\" rel=\"noopener\"><strong>Business and IP Centre<\/strong><\/a><\/h4><br \/><figure><figure><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/business-and-ip-centre\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"300\" height=\"99\" class=\"alignnone wp-image-4205 size-medium\" src=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/image-with-bright-ideas-amazing-people-written-300x99.png\" alt=\"image-with-bright-ideas-amazing-people-written.png\" srcset=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/image-with-bright-ideas-amazing-people-written-300x99.png 300w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/image-with-bright-ideas-amazing-people-written.png 583w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure><\/figure><br \/><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><br \/><h4><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/starting-a-business\/\"><strong>What type of Business should I set up?<\/strong><\/a><\/h4><br \/><figure><figure><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/starting-a-business\/\"><img decoding=\"async\" width=\"155\" height=\"100\" class=\"alignnone wp-image-1110\" src=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/ahsanization-mJi2I9KJPQ8-unsplash-scaled-1-300x194.jpg\" alt=\"picture of welder\" srcset=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/ahsanization-mJi2I9KJPQ8-unsplash-scaled-1-300x194.jpg 300w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/ahsanization-mJi2I9KJPQ8-unsplash-scaled-1-800x516.jpg 800w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/ahsanization-mJi2I9KJPQ8-unsplash-scaled-1-768x496.jpg 768w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/ahsanization-mJi2I9KJPQ8-unsplash-scaled-1-1536x991.jpg 1536w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/ahsanization-mJi2I9KJPQ8-unsplash-scaled-1-scaled.jpg 2048w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/ahsanization-mJi2I9KJPQ8-unsplash-scaled-1-640x413.jpg 640w\" sizes=\"(max-width: 155px) 100vw, 155px\" \/><\/a><\/figure><\/figure><br \/><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><br \/><h4><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/writing-a-business-plan\/\"><b>Writing a business plan<\/b><\/a><\/h4><br \/><figure><figure><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/writing-a-business-plan\/\"><img decoding=\"async\" width=\"151\" height=\"100\" class=\"alignnone wp-image-1218\" src=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/firmbee-com-gcsNOsPEXfs-unsplash-300x199.jpg\" alt=\"image of marketing strategy\" srcset=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/firmbee-com-gcsNOsPEXfs-unsplash-300x200.jpg 300w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/firmbee-com-gcsNOsPEXfs-unsplash-800x531.jpg 800w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/firmbee-com-gcsNOsPEXfs-unsplash-768x510.jpg 768w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/firmbee-com-gcsNOsPEXfs-unsplash-1536x1020.jpg 1536w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/firmbee-com-gcsNOsPEXfs-unsplash-scaled.jpg 2048w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/firmbee-com-gcsNOsPEXfs-unsplash-640x425.jpg 640w\" sizes=\"(max-width: 151px) 100vw, 151px\" \/><\/a><\/figure><\/figure><br \/><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><br \/><h4><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/product-development-and-marketing\/\"><strong>Product development and marketing<\/strong><\/a><\/h4><br \/><figure><figure><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/product-development-and-marketing\/\"><img decoding=\"async\" width=\"100\" height=\"100\" class=\"alignnone wp-image-1219\" src=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-300x300.jpg\" alt=\"image of product development strategy\" srcset=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-300x300.jpg 300w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-600x600.jpg 600w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-150x150.jpg 150w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-768x768.jpg 768w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-1536x1536.jpg 1536w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-scaled.jpg 2048w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/new-data-services-0tSiofevpUs-unsplash-640x640.jpg 640w\" sizes=\"(max-width: 100px) 100vw, 100px\" \/><\/a><\/figure><\/figure><br \/><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><br \/><h4><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/getting-funding-support\/\"><strong>Funding<\/strong><\/a><\/h4><br \/><figure><figure><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/getting-funding-support\/\"><img decoding=\"async\" width=\"215\" height=\"100\" class=\"alignnone wp-image-1221\" src=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/Funding-300x140.jpg\" alt=\"signpost with word funding on it\" srcset=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/Funding-300x140.jpg 300w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/Funding-768x357.jpg 768w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/Funding-640x298.jpg 640w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2023\/03\/Funding.jpg 800w\" sizes=\"(max-width: 215px) 100vw, 215px\" \/><\/a><\/figure><\/figure><br \/><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><\/p>\n<\/div>\n<\/div>\n\n\n\n<h1 class=\"wp-block-heading\">Other business and employability support:<\/h1>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/job-fairs-in-devon\/\">Job fairs in Devon<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/translating-qualifications-from-overseas\/\">Translating your qualifications<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/writing-a-cv\/\">CVs, personal profiles, covering letters, and job interviews<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/english-for-the-workplace\/\">Industry specific support<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/careers-and-employment\/\">Professional training courses<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/volunteering-and-work-experience-opportunities-in-your-area\/\">Volunteering opportunities<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/do-you-want-to-start-your-own-business\/\">Starting your own business \u2013 advice and guidance<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/refugee-employment-esol-and-enterprise-project\/support-for-ukrainians-living-in-the-uk\/\">Support for Ukrainians living in the UK<\/a><\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/\"><img decoding=\"async\" class=\"alignnone wp-image-3737\" src=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/M-and-R-logo-just-globe-1-296x300.png\" alt=\"Migration and resettlement logo - just globe, no text\" width=\"99\" height=\"100\" srcset=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/M-and-R-logo-just-globe-1-296x300.png 296w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/M-and-R-logo-just-globe-1-592x600.png 592w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/M-and-R-logo-just-globe-1-150x150.png 150w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/M-and-R-logo-just-globe-1-768x778.png 768w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/M-and-R-logo-just-globe-1-640x648.png 640w, https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-content\/uploads\/sites\/181\/2024\/03\/M-and-R-logo-just-globe-1.png 830w\" sizes=\"(max-width: 99px) 100vw, 99px\" \/><\/a><a href=\"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/\">home<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The information below is only intended to provide links to possible loan and grant providers. Devon County Council does not endorse any business or personal loans, grants or other financial schemes. You should seek advice from a qualified financial expert before committing to any financial arrangement.&nbsp; 1. Finance options Read about the&nbsp;finance options available for [&hellip;]<\/p>\n","protected":false},"author":981,"featured_media":0,"parent":1200,"menu_order":7,"comment_status":"closed","ping_status":"closed","template":"page-sidebar.php","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-1207","page","type-page","status-publish","hentry"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-05-19 21:59:12","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/pages\/1207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/users\/981"}],"replies":[{"embeddable":true,"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/comments?post=1207"}],"version-history":[{"count":4,"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/pages\/1207\/revisions"}],"predecessor-version":[{"id":5876,"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/pages\/1207\/revisions\/5876"}],"up":[{"embeddable":true,"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/pages\/1200"}],"wp:attachment":[{"href":"https:\/\/www.devon.gov.uk\/migration-and-resettlement\/wp-json\/wp\/v2\/media?parent=1207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}