Update: Go Succeed Grant Funding within the Derry City and Strabane District Council area has been exhausted. While we are seeking additional funds, we cannot guarantee their availability. Should additional funding become available, applications will be assessed on a first-come first-served basis
Go Succeed led by Northern Ireland’s 11 local Councils, is a new approach to help potential entrepreneurs, new starts and existing businesses to maximise both their potential and contribution to Northern Ireland’s economy. Go Succeed provides would-be and existing businesses with flexible, tailored and easily accessible advice and support at any stage of their growth journey.
There are 4 elements of the service:
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1 |
Engage |
Engaging individuals at the pre / early start-up phase
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2 |
Foundation |
Support for founding of higher value / VAT + potential businesses
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3 |
Enabling Growth |
Aligned to aspirations and potential
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4 |
Accelerated Scaling |
Supporting start-ups that can generate at least £1m in revenues after 3 years |
Grant Eligibility
Only potential employer enterprises accessing support within the Foundation and Enabling Growth elements of the wider Go Succeed service are eligible to apply to the Go Succeed Grant. If your organisation is not currently receiving, or has not been in receipt, of support through the Go Succeed service, you cannot apply. Click here to register now.
The Grant is for businesses currently accessing support via the Go Succeed service and who have identified a barrier to growth. The grant supports businesses who are or who have the potential to become an employer business or social economy enterprise with a minimum of one full time employee and less than 50 full time employees. Only Northern Ireland businesses/organisations who are in receipt of support, or have received support from Go Succeed, under either the Foundation or Enabling Growth elements are considered eligible.
Mentors supporting businesses under the Go Succeed service will be able to clarify the element of the service under which support has been provided.You must have completed 50% of the mentoring with your mentor before applying and be actively trading.
The Go Succeed Grant can provide funding of up to 70% of costs for capital and/or revenue items up to a maximum grant of £4,000. The minimum grant awarded will be £1,000.00. Go Succeed will fund 70% of the cost up to a maximum of £4,000; therefore the organisation must provide their own funding for the balance of the cost of their purchased item if the total cost exceeds £5,714.28 .
Please note that applying for a grant is a competitive process and awards are subject to the availability of funds and may be subject to change.
Grant funding is limited, therefore businesses are encouraged to apply as early as possible. Even if an application scores highly, we cannot guarantee funding. Further details please read through the guidance notes.
Go Succeed Grant Guidance Notes for Applicants
For more information Book A Meeting with a Business Officer or Email [email protected] or call 02871253253 ext 6667