Setting up a business in Swindon can be a highly rewarding endeavour. Not only is Swindon booming, it is also a place where you can combine business with a high quality of life. But setting up a business anywhere can also be challenging. Get the support and advice you need in Swindon with these ideas for funding and mentoring support.
Learn Essential Business Skills
Business First runs courses that give you the basics if you are starting a business from scratch, including the skills you need to plan and budget for your new business in Swindon. You can also add to your basic knowledge with courses on marketing, finance, and other business essentials. If you want to become qualified in certain business skills then Swindon also offers a range of courses and training at the New College Swindon. The organisation is called the Fast Forward Training and Development agency and it is a specialist professional qualifications provider.
Get Practical Support for your Business
If you are unsure exactly how to go about setting up a business or being your own boss, get advice from Outset Swindon. This organisation helps you by offering vocational support and personalised guidance for setting up a Swindon business. What’s more, the programme is free. If you are looking for business premises, check out thedorcancomplex.com for small, medium and large offices for your business – the office complex is located near to Swindon to take advantage of the benefits of doing business in the town.
Find Business Finance
As with anywhere in the country, you can access business loans in Swindon from the major banks. However, you need to be able to prove that you have a profitable or growing business and it can be difficult to secure finance this way for a start-up. The South West Angel and Investor Network (SWAIN) is for small companies looking for investment help. If you are currently unemployed, the New Enterprise Allowance (NEA) is available to help you start your own business. South West Loans Fund is for businesses based in the region or people looking to move to the region, and you may also find help from the Seed Enterprise Investment Scheme. This program is for higher-risk start-up companies and the scheme offers relief on investments that take place in start-up businesses. In addition, the Enterprise Finance Guarantee is a government enterprise that is worth looking into when you are setting up in Swindon, and the Business Growth Fund is useful for larger or more established businesses that are growing and expanding.
Young people can look at the Prince’s Trust for a range of financial support packages, and there are also opportunities for green projects and investment in green technology. If you are setting up a green business in Swindon you may be able to find financial help here. Plus, the South West Investment Group provides loan finance to businesses in the South West including in Swindon.
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