Business growth grant

In this section

2. The Offer

  • Grants available between £1,000.00 and £50,000 gross.
  • Each grant award will be based on 50% of eligible costs or a maximum of £7,500.00 per job created which ever is the lesser. (At least one new job must be created in order to access the grant) 
  • Jobs created that will attract a salary in excess of the Welsh national average (currently £35,796.00), will attract a higher grant award.
  • The minimum grant award is £1,000.00 (based on at least one new job created) and the maximum grant award per business is £50,000.  
  • Two part time jobs are considered as one full time equivalent- FTE should be based on the standard full-time hours of the employer. If you are creating a part time job (minimum 16 hours per week) the grant will be paid on a pro rata basis, i.e. max of £3,750.00 for a part time job to be created.
  • We cannot consider subcontract jobs or jobs created under the Construction Industry Scheme (CIS)
  • All jobs created as part of the grant must be claimed within 6 months of the date of final grant payment or 28 February 2027 whichever is the earliest date.
  • We encourage that all jobs being created with the support of the grant to be paid the Real Living Wage. 
  • If the business is applying for any other public funds such as Carmarthenshire Enterprise Fund or Town Centre Improvement grants, the expenditure and outputs cannot be duplicated.
  • It is important to note that grants are paid retrospectively, applicants must have the financial means to purchase the item(s) in full up front, and then claim the grant value from Carmarthenshire County Council following the claims process (please see in the terms and conditions within this document) 
  • Claims must be submitted within 4 months of the offer letter or by 31 January 2027 the latest whichever is the earliest date. To support cashflow, the grant team will consider the submission of two claims, but prior agreement must be sought from the Council. 
  • Multiple applications for the Business Growth grant will be considered subject to the outcomes of the grant being achieved, e.g. job creation.