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SWEF

SWEF welcome applications from young entrepreneurs for starter funding of up to £2,000

The South West Enterprise Fund aims to support a variety of young Cornish people aged between 18 – 30 years old who do not have the initial starter funds to get their business ideas off the ground.

Grant Categories:

  • Open
  • Children & young people
  • Grants for individuals
Grant open: 21/11/2024
Applications by: 18/10/2025
Decision date: Monthly
Type: Core & project costs
Grant value: £200 - £2,000

Grant requirements

To apply for a grant your organisation must meet the general Eligibility criteria. In addition to this, you must also meet the specific criteria of the grant listed below:

Who can apply:

  • Individuals based in Cornwall and aged between 18 and 30 years old

What it will support:

The fund is for two sets of young people

  1. Those who have already shown some initiative in getting their new business off the ground
  2. Those who have an idea and need some funding to get their idea off the ground

To be eligible for a grant you must:

  • Be resident in Cornwall or the Isles of Scilly
  • Be aged between 18-30 years old
  • Be able to demonstrate your business idea and know what products or services you want to provide or have been trading for under 2 years.

Eligible use of funds

  • Equipment that will help a business bring in a second revenue stream
  • Equipment that will help a business increase production where there is proven demand.
  • Materials/stock for a new product line
  • Prototypes
  • Website/booking system build
  • Training
  • Product development
  • Individuals based outside Cornwall and the Isles of Scilly
  • Individuals outside of the stated age range (18-30 years old)

Ineligible use of Funds:

  • Salaries
  • Debt repayment
  • Rent and utilities
  • Stock for an existing product line
  • Ongoing software subscriptions
  • New computers, phones, tablets

NB On a match funded basis, we can consider applications for refurbished technology. However, in order for this to be considered, you will need to:

  • Explain why the laptop, tablet or phone will transform their business.
  • Provide a link to the refurbished item with an explanation of why they need this piece of specific technology.

As part of the application process, the applicant will be asked some questions about their business, the journey taken up until now, how their business will benefit the local community, how it will impact their family life, how will they make a profit and, if appropriate, how they intend to grow the business.

The South West Enterprise Fund invests in the business initiatives of young people across the South West. SWEF looks at what they are already doing for themselves and backs them with grant funding. In almost all cases, the businesses that SWEF backs are already up and running in some form.

Ready to apply?

If you meet the eligibility criteria and are ready to submit an application, apply at the bottom of this page.

Apply now

Not sure where to start?

If this is your first time applying to us start by reading the Application Process & Guidance. Here you can find useful information and resources to guide you through the application process.

If you’d like to speak to our Outreach Officer you can find contact details at the bottom of this page.

Key dates & decisions

Below are the keys dates to note for this grant.
Application open: Year round
Application deadline: Year round
Panel discussion: Reviewed on a monthly basis
Grant decisions: Reviewed on a monthly basis
Estimated deposit: Within two weeks

Deposit dates can be vary, however grants are typically paid within 
10 days of the panel decision.

Grants FAQ

You might have some questions about the application process, check our grants FAQ for answers to common questions.

Start an application

Before starting an application, check your organisation is eligible, and that have your supporting documents ready.

Accessible application submissions: 
If you have additional needs and would like support completing your application, please contact us on 01566 779333 or email us at grants@cornwallfoundation.com

Apply now:

You’ve checked our criteria, found the right grant for you and have all your documents ready so let’s start your application.

Apply Now

If you've applied before

You’ve found the right grant so let’s get your application in. When you log into your account you’ll find that key documents are saved along with lots of information you’ve already provided.

Get support applying today

If you aren’t sure if one of our grants is right for you, you can contact our Community Outreach Officer. Shannon can answer your questions and guide you through the process. Book a Grant Support Call, or reach out using the details below.

Shannon Lenton

Outreach Officer