BIPC Devon Start-up Grant for BAME Founders
BIPC Devon have teamed up with the Diversity Business Incubator to deliver small business grants and business support packages to create over 22 new BAME-founded businesses across Devon.
The aim of the project is to stimulate innovation, new approaches and new ideas supporting the recovery and growth of SMEs in a post-Covid environment as well as supporting the establishment of new businesses and accelerating the growth of new starts many of which will have started during lockdown.
The UBUNTU BAME start-up grant programme is designed to kickstart brand new BAME-founded businesses. It will require an application and evaluation of a business plan before being awarded, which will enable the start-up of 22 new businesses.
The Programme has 2 strands:
BAME Founded SMEs looking to start their businesses will receive financial support up to the value of £500.
SMEs will receive up to 12 hours of business coaching support provided by a Business Expert, through DBI.
To access the funding:
Complete the below application form and submit a business plan. (At BIPC Devon, we realise that many budding entrepreneurs have not completed a business plan before, which is why if you are looking for guidance on its content, please contact us at firstname.lastname@example.org if you are unsure).
To access the funding
We require you to complete the below application form and submit a business plan. (At BIPC Devon, we realise that many budding entrepreneurs have not completed a business plan before, if you need help, please contact us at email@example.com ).
The criteria for your application are as follows:
- You are a person of BAME Origins
- You are 18 years or older
- Your business is Devon based (excluding Plymouth)
- Your business must be socially or ethically conscious
- Your business has no turnover or has turned over less than £1000 to date (evidence may be required)
We require you to submit your application by the 29th February 2024.
Your application will then be evaluated by a selection of BIPC & DBI members. We will then inform you if your application has been successful and provide feedback in the week commencing 10th March.
If you are successful, DBI will enrol you into their 12-month coaching programme and we will work with you to decide on how you will spend the awarded funds (up to the value of £500).