Funding a start up business is one of the biggest decisions an entrepreneur has to make.
- Do you use your own money?
- Do you want to have to deal with an investor?
- Can you get access to finance or a grant?
X-Forces Enterprise can provide some advice on the different options and in certain circumstances we can also help you access funding.
X-Forces Enterprise support beneficiaries who have attended the Help for Heroes Business Experience course with grant applications. Help for Heroes support beneficiaries with small grants for start-up costs, such as: website development, computing and IT, tools and initial marketing costs. In order to apply for this funding, you must complete the 6-day course and finalise a business plan with X-Forces. X-Forces will thereafter work with you to complete your request and submit this for the attention of the Help for Heroes Grants team. In order to be eligible to attend the Business Experience course, you will need to be from the wounded, injured and sick community and registered with Help for Heroes.
For more information about this provision, call us on 0800 368 9533 or email us.
Start Up Loans
X-Forces Enterprise is an official delivery partner of the Start Up Loans Company, a government backed scheme which offers low interest start-up loans to individuals over the age of 18 who have a viable business idea but no access to traditional finance. You will be assigned a dedicated Business Advisor from our award-winning Business Advisory team, who will guide you through the application process, from business planning and financial forecasting to understanding your personal survival budget. As well as financial backing, all start-up loan recipients are also given access to a mentor, free training events and exclusive business offers. We have supported #XFSuccess businesses access funding for a range of items: premises deposits, vans and tools to stock and supplies, amongst many others!