{"id":19901,"date":"2023-01-26T11:25:10","date_gmt":"2023-01-26T11:25:10","guid":{"rendered":"https:\/\/www.moorethompson.co.uk\/blogs\/?p=19901"},"modified":"2023-01-26T11:25:12","modified_gmt":"2023-01-26T11:25:12","slug":"how-should-you-apply-for-a-business-grant","status":"publish","type":"post","link":"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/","title":{"rendered":"How should you apply for a business grant?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-26.01.23-1024x576.png\" alt=\"\" class=\"wp-image-19902\" srcset=\"https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-26.01.23-1024x576.png 1024w, https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-26.01.23-300x169.png 300w, https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-26.01.23-768x432.png 768w, https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-26.01.23.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>If you have dreams to grow your business, you will need to have access to funding to do so.<\/p>\n\n\n\n<p>Securing a grant for your business is a great way to access the money you need, with the added bonus of not having to pay it back. But they can be difficult to obtain.<\/p>\n\n\n\n<p>Whilst the Government offers a range of grants, these are usually for specific projects and are offered on a competitive basis.<\/p>\n\n\n\n<p>To prepare for an application you need to do the following:<\/p>\n\n\n\n<p><strong>Identify your reasons&nbsp;<\/strong><\/p>\n\n\n\n<p>You need to prove why your business should receive the grant, over another business.<\/p>\n\n\n\n<p>So, the first step is to identify what you want to achieve and how a grant would allow you to do so.<\/p>\n\n\n\n<p>Ask yourself the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>What is your current position?<\/li><li>Where would you like to be?<\/li><li>Is there a particular sector you would like to branch out into?<\/li><li>How much money would you need to achieve your goal?<\/li><\/ul>\n\n\n\n<p><strong>Do your research <\/strong><strong><\/strong><\/p>\n\n\n\n<p>Once you have an overview of how you would use the grant, you will have insight into which grants you could apply for.<\/p>\n\n\n\n<p>For example, if you wish to grow your business but you need to invest in digital accounting software to improve productivity, the <a href=\"https:\/\/www.find-government-grants.service.gov.uk\/grants\/help-to-grow-digital\">Help to Grow: Digital<\/a> scheme is a great option.<\/p>\n\n\n\n<p>Whereas if you are looking to invest in cutting-edge technology, your business could be eligible for research and development-based grants.<\/p>\n\n\n\n<p><strong>Prepare your business<\/strong><\/p>\n\n\n\n<p>As mentioned, you need to make a convincing case for your business.<\/p>\n\n\n\n<p>So, make sure you have a solid business plan in place. You should make sure that all of your accounts are in order, including your balance sheet and accounts.<\/p>\n\n\n\n<p>You must also consider the requirements of the grant, as the majority of grants will require an element of match funding.\u00a0<\/p>\n\n\n\n<p><strong>Need advice on securing grants? Get in touch.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you have dreams to grow your business, you will need to have access to funding to do so. Securing a grant for your business is a great way to&hellip; <a href=\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/\"><span class=\"meta-nav\">Read more&hellip;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,26,4,56,109,121],"tags":[],"class_list":["post-19901","post","type-post","status-publish","format-standard","hentry","category-accountancy","category-blog","category-business","category-government-funding","category-grants","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How should you apply for a business grant? - Moore Thompson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How should you apply for a business grant?\" \/>\n<meta property=\"og:description\" content=\"If you have dreams to grow your business, you will need to have access to funding to do so.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/\" \/>\n<meta property=\"og:site_name\" content=\"Moore Thompson\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-26T11:25:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-26T11:25:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-26.01.23.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"How should you apply for a business grant?\" \/>\n<meta name=\"twitter:description\" content=\"If you have dreams to grow your business, you will need to have access to funding to do so.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.moorethompson.co.uk\/blogs\/#\/schema\/person\/0d9cc808e7eb5eb75ce773e69c3d97fb\"},\"headline\":\"How should you apply for a business grant?\",\"datePublished\":\"2023-01-26T11:25:10+00:00\",\"dateModified\":\"2023-01-26T11:25:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/\"},\"wordCount\":320,\"image\":{\"@id\":\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-26.01.23-1024x576.png\",\"articleSection\":[\"Accountancy\",\"Blog\",\"Business\",\"Government Funding\",\"Grants\",\"News\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/\",\"url\":\"https:\/\/www.moorethompson.co.uk\/blogs\/how-should-you-apply-for-a-business-grant\/\",\"name\":\"How should you apply for a business grant? 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