Deadline: 15 October 2023
Do you want to grow your business? The Goldsmiths’ Centre is looking to support you and up to 10 businesses per year with a Business Catalyst (Small) Grant of £1,000 (including VAT), if you can demonstrate creativity, and present how these funds could accelerate you to the next phase of your growth.
The Goldsmiths’ Centre believes in inclusivity and social mobility in the jewellery, silversmithing and allied industries. £1,000 (including VAT) Small Business Catalyst Grants are open to applicants who are resident in the UK and have recently completed, or have undertaken a formal mentoring programme, business consultancy or business diagnostic programme, such as (but not exclusive to) the Goldsmiths’ Centre’s in the past 12-months. These grants have been funded by philanthropic giving from current members of the Goldsmiths’ Company.
Funding Information
Grant amount available: £1,000 (including VAT).
Uses of funds
A Business Catalyst (Small) Grant will help you to grow your business and move your plans forward to the next stage. Funds must be used within 12 months of being received. You can use your grant to:
- Purchase new equipment, such as new IT equipment or machinery and tools to produce a new product.
- Develop new products or services, by, for example, realising a digital marketing strategy, such as new brand identity, website development or object photography.
- Adopt new processes and new ways of working, such as adaptations to your workshop or access to mentoring to realise a new production process or operation.
Your proposal must demonstrate a commitment to successful business growth – whether that is an increase in sales, productivity or profitability, or the potential to create new employment opportunities or an improvement in business processes.
If your application is successful, you will be asked to provide a short report to explain how the grant has been used and what impact it has had on your business.
Who can apply?
- You can apply for a grant if you have completed a formal mentoring programme, business consultancy or business diagnostic programme, such as (but not exclusive to) the Goldsmiths’ Centre’s Business Diagnostic and Advice for Jewellers and Silversmiths session within the last 12 months.
- Please apply if you:
- are on the pathway to being self-employed/sole trader or run a micro-business in the jewellery, silversmithing and allied industries.
- are located and have/will have a trading address in the UK. You must have a UK bank account in the exact name that you are applying in.
- typically, they would expect the business to have a turnover up to £75,000.
- dedicated funding will be set aside for applicants experiencing financial difficulty (evidenced through eligibility for government benefits) and applicants who identify as belonging to an under-represented or under-supported group within the industry.
For more information, visit The Goldsmiths’ Centre.
