Business growth grant

1. Introduction

Carmarthenshire County Council continue to be fully committed in supporting economic development and businesses throughout the county and as such have secured funding to deliver Carmarthenshire Business Growth Grant which is funded by the UK Government via the Local Growth Fund.

The aim of the grant package is to strengthen local entrepreneurial activity and support Small and Medium Sized Enterprises (SMEs) at all stages of their development and progression to start, sustain and grow.

The Business Growth grant will support local SMEs and Inward investors to become resilient and competitive; to grow, prosper and be sustainable. The result will see the creation of jobs throughout the County, therefore improving the local economy. Whilst priority will be given to the creation of new jobs, it is acknowledged that the safeguarding of jobs under the current economic climate is also extremely important and will be considered accordingly on a case-by-case basis.

The grant will be open for applications between 11 May 2026 and 31 October 2026 or until the fund is fully allocated

The Fund will be a business grant scheme, which will include support towards capital expenditure projects and specialist revenue expenditure (not including ongoing running costs), where new jobs are a created and/or safeguarded because of the financial support.

The guidance is still subject to change due to being a draft document currently