Business Investment Grant (BIG)

This project is funded by the UK Government through the UK Shared Prosperity Fund. 

Supporting business development 
Neath Port Talbot Council considers investment in new business start-ups, the development of existing businesses and the attraction of inward investors as critical to supporting local communities and the economy.  

Investment in the development of local businesses is essential to ensuring the long-term sustainability of any venture, through building resilience, capacity, increasing productivity, improving skills and developing their flexibility to respond to the changing needs of the wider economy. Further, there is the need for investments that reduce businesses impact on the environment.  

With such investment, Neath Port Talbot cultivates a more dynamic, innovative, greener and versatile economy, with a skilled and flexible workforce that is able to withstand the challenges that face the global economy over time.  

Funds are discretionary and applications considered on a case-by-case basis 

Aim of the Grant 
Grants are aimed at supporting projects and investments that contribute to the Council’s priorities for economic growth: 

• Business growth and development e.g. through attracting new customers, introducing new products/services, diversification, expanding into new geographic markets or sectors, etc. 

• Improved operational efficiency and productivity e.g. projects that assist you to run the business more efficiently such as through the use of software, or apps, investing in a website, etc. or that enable you to increase your capacity for example by purchasing new machinery and equipment.  

• Job creation and safeguarding. Projects supported must create new jobs and/or safeguard existing roles. 

• Upskilling the workforce e.g. training new/existing staff to provide flexibility within the workforce, to support the introduction of a new service, etc.  

• Supporting local supply chains. We are keen to encourage businesses to explore local supplier options.