Powys Capital Business Grant
Eligibility
The Grant is open to Micro businesses and Small-Medium Enterprises. The grant is only available for application to existing businesses that have been trading for six months or more within the eligible sectors that are in or planning to locate within Powys.
If applying for capital investment to help adopt greener technologies, an energy assessment, audit or plan must have been completed for the business within the last two years. A copy of this will be required at full application.
Eligible Sectors:
- Advanced Materials and Manufacturing
- Construction
- Creative Industries
- Energy and Environment
- Finance and Professional Services
- Information Technology and Telecoms
- Life Sciences
- Food & Drink
- Tourism
- Retail
- Care
Applications will however be considered on a case-by-case basis subject to their potential contribution and value to the local economy
The following sectors are ineligible for support: -
- primary agriculture production
- forestry
- aquaculture
- Statutory services e.g. Primary health and education
Applicants must demonstrate their growth plans (and provide evidence where applicable) within the application process. Business growth is defined as a business seeking to increase turnover, create jobs or safeguarding staff who may be at risk. Priority will be given to early-stage businesses and businesses with the ambition and characteristic to scale-up.
All expenditure associated with the grant must be delivered and defrayed (paid) by the 18th of January 2026. No extensions will be given. The proposed business and associated jobs must be created within 6 months of the final payment of grant.
Failure to achieve the committed outputs could result in the claw back of grant funds.
Upon giving reasonable notice, Powys County Council reserves the right to monitor and maintain evidence at 6 months,1, 3 and 5 years from the receipt of a grant application.
It is highly advised that applicants obtain business support, and complete the application form in consultation with either one of the business support providers listed below, or with another recognised consultant:
- Antur Cymru - business@anturcymru.org.uk
- Business Wales - trading@businesswales.org
- Business Wales (specifically for assistance with energy efficiency solutions) - Gareth.Davies@BusinessWales.org
- Cwmpas (specifically for Social Enterprises) - nick.wilson@cwmpas.coop