UKSPF IT Development Grant

The IT Development Grant provides targeted financial assistance to new and existing enterprises throughout the County Borough to help small and medium sized manufacturing businesses (SMEs) in Wales, develop and grow to help drive Wales’s economic recovery.

The IT Development Grant aims to support with a focus on helping enterprises achieve their long-term business ambitions, through quantifiable economic, environmental and social outputs that will add value to their operations through an enhancement of their production, service and output capabilities.  

Eligible Project Expenditure – what type of activity does the Business Development Fund support?

The following guide includes examples of the type of works and activities that could be supported by the Fund. Each application will be assessed by officers on a case by case basis to determine eligible works. Applicant will be able to apply for assistance towards Revenue activity under specific funding “themes”.  Eligible items may include:

Theme: Business Development (Revenue)

Eligible costs:

  • Software (including Licenses)
  • App Design
  • IT Services and Infrastructure

Ineligible expenditure includes:

The following items are NOT eligible for assistance from the Fund:

  • Staff costs for existing employees
  • Taxes
  • Normal running expenses
  • Cost of purchase of buildings, land or vehicles
  • Hire Purchase / Lease Purchase
  • Minor Repairs and General Running Costs (including Utility expenses)
  • Contingency Fees
  • Legal and Accounting Fees
  • Costs of applying for statutory consents such as planning permission
  • Works carried out prior to grant offer (unless approved by the Council in writing)
  • Any invoices paid for using cash/credit card.
  • Cost of works being carried out as a legal statutory requirement.
  • Works carried out on a domestic property, either new build or refurbishment, or extensions/garden rooms/log cabins, conversion into accommodation business

The Grant

Business Development (Revenue) – The grant for this theme will be a maximum of 50% of reasonable eligible costs, up to a maximum grant award of £7,500 exclusive of VAT (if applicable). Each application will be considered on the basis of its specific circumstances.

Eligible Applicants – Who can Apply?

The Fund aims to support a wide range of local enterprises and organisations engaged in beneficial economic, environmental, social and cultural activity.

The Fund is open to existing Businesses and new Business Start Ups, Micro, Small and Medium Sized Enterprises, established Community Groups or Social Enterprises; Sole Traders; Partnerships, Limited Companies, Community Businesses, Co-operatives and Registered Social Landlords.

More Information and to request an application form business@caerphilly.gov.uk