Powys Capital Business Grant

The grant will apply to capital expenditure within an approved project and can include:

Capital expenditure:

• Purchase of new or second hand equipment, e.g. plant, machinery, specialist equipment, etc. Please note plant could include items such as forklift trucks, telehandlers, excavators, etc. General vehicles such as vans and cars are not eligible.**see note below re: purchase of second hand items
• Purchase and installation of equipment to create or enhance outdoor trading space, e.g., shelters, gazebos, etc. Please note you will need to provide evidence of the relevant permissions if appropriate, i.e., planning permission, licences, etc.
• Purchase of energy efficient equipment e.g LED lighting, solar photovoltaic panels, battery storage system, air source heat pumps etc.

Second hand equipment

The purchase costs of second-hand equipment are eligible for grant under the following conditions: -

• The seller of the equipment shall provide a declaration stating its origin, and confirm that at no point during the previous seven years has it been purchased with the aid of national or European grants;
• The price of the equipment shall not exceed its market value and shall be less than the cost of similar new equipment, and
• The equipment shall have the technical characteristics necessary for the operation and comply with applicable norms and standards, e.g., Health and Safety