Growing Your Business in Powys

At Powys County Council, we're committed to supporting local businesses at every stage of their journey — from start-up to scale-up. If you're ready to grow your business, we can help you access the tools, advice, and funding you need to succeed.

Key steps to growing your business

1. Review your Business Plan

• Growth starts with a clear strategy. Update your business plan to reflect your new goals, market conditions, and financial forecasts.
• Need help? Contact Business Wales (Tel: 03000 6 03000) for support with planning.

2. Understand your market

• Use up-to-date market research to identify new customer needs, trends, and opportunities for expansion.

3. Reach more customers

• Expand your marketing efforts through digital channels, local advertising, and community engagement.
• Consider developing a strong online presence or exploring e-commerce platforms. Selling Online | Business Wales - Big Ideas

4. Diversify your products or services

• Introducing new offerings can help you reach new markets and increase revenue.
• Develop innovative ideas for organisations, products or services | Business Wales

5. Improve efficiency

• Streamline your operations by investing in technology, training, or process improvements to reduce costs and boost productivity.

6. Explore new sales channels

• Consider selling online, exporting, or partnering with other businesses to reach wider audiences.
• Procurement - Powys County Council

7. Build Strategic Partnerships

• Collaborate with local suppliers, service providers, or other businesses to share resources and grow together.

8. Secure funding

• Whether you're looking to invest in equipment, premises, or staff, we can help you explore funding options including:
  • Local and national grants - Finance locator | Business Wales
  • Business loans - https://developmentbank.wales/

The Development Bank of Wales provides financial support and resources to businesses in Wales. It offers a range of services, including business loans, equity finance, and research data on the Welsh economy. The bank supports businesses at various stages, from start-ups to established companies, with flexible finance options such as micro loans and larger funding packages. Additionally, it promotes sustainable growth through the Green Business Loan Scheme and offers tailored support for property development and tech ventures. The bank is backed by the Welsh Government and aims to fuel possibilities for people, businesses, and communities in Wales.

• Support from Business Wales, Antur Cymru and other partners

New funding released! The Powys Capital Business Grant (funded by the UK Government via the Shared Prosperity Fund) is offering grants between £5,000 and £25,000 to support the purchase of equipment that boosts productivity or helps businesses adopt greener technologies. Eligibility criteria applies. 

9. Recruit and train staff

• Growing your team? We can help you connect with local talent and training providers to build the skills your business needs.
• Recruit and Train | Business Wales

Flexible Skills Programme Funding

The Flexible Skills Programme (FSP) is a Welsh Government funded initiative that helps businesses across Wales build a stronger, more skilled workforce. Employers can apply for funding to cover up to 50% of the accredited training costs, with a maximum value of £50,000 per application. Whether you're looking to fill skills gaps, retain staff, or attract new talent, the Flexible Skills Programme can help you invest in your team's future.
Funding is available to employers operating in any industry across Wales. To be eligible, your business must be based in Wales, be financially solvent and commit to releasing staff to complete the training by the end of March 2026. Each element of training must improve the capability or capacity of the business. Please note that funding is discretionary and the final decision on eligibility rests with the Welsh Government.
For more information please visit: Flexible Skills Programme | Business Wales

10. Monitor and adapt

• Use performance data and customer feedback to track your progress and adjust your strategy as needed.

Support available

• Business Wales: Free advice, mentoring, and workshops tailored to growing businesses.
• Antur Cymru: A social enterprise that supports the growth of businesses and communities in Wales through business advice, consultancy, IT solutions, and project management
• Powys Business Support Team: Local guidance on funding, planning, premises, and networking.
• Welsh Government Programmes: Access to innovation support, export advice, and sector-specific growth schemes.

Need help? 

Contact our Economic Development team at economicdevelopment@powys.gov.uk