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8th January 2024

Updates from Newport City Council

Take a look at the latest business news and available support from Newport City Council below.

Newport Business Grant Funding

Newport City Council is offering more financial assistance to local businesses thanks to funding from the UK Government’s Shared Prosperity Fund (UKSPF), part of its Levelling Up agenda.

For several years, the council has given grants to small and medium-sized businesses in the city to help with start-up and other costs and this is continuing. Grants of 50% of net costs up to £2,500 are available for businesses outside the city centre and grants up to £5,000 for those located within the city centre.

However, the new accelerated growth grants programme will build on what has been a very successful scheme by offering grants of between £25,000 and £75,000 towards capital investment.

The accelerated growth programme is aimed at well-established or new companies to set up premises or for existing city businesses to accelerate their plans for growth.

The grants will be offered as match funding for equipment that is essential for the establishment of a new business or enables the business to grow substantially.

Potential applicants are being invited to get in touch with the council’s expert business services team first who can talk them through the process and assess their eligibility. The scheme is due to run until early 2025.

Anyone interested should email business.services@newport.gov.uk

Creative Business Hub Newport

The Creative Business Hub Newport is managed by Newport City Council in partnership with University of South Wales Startup Stiwdio and delivered in collaboration with Newport Live and the Riverfront Theatre and Arts Centre.

The project’s focus is to build a bigger arts and creative industries cluster in Newport through targeted business and startup support, along with a range of networking events to increase collaboration and innovation between creative individuals and businesses across the City.

If you have a creative business idea or run an early stage creative business (as a freelancer or a company), you’re invited to apply for our free Creative Business Development Programme here or by contacting the Startup Stiwdio at University of South Wales: Stiwdio@southwales.ac.uk

The Programme runs over 8 weeks from 8th January 2024 and includes training in the Following areas:

  • Developing your initial idea
  • Pitching to funders
  • Protecting your ideas and IP
  • Sources of investment
  • Securing your finances
  • Engaging with your market
  • Finding pathways to growth
  • Connecting with the creative community across South Wales

The Creative Business Hub will be holding its Creative Showcase for Newport creatives at the Riverfront Theatre on 20th February 2024.

Net Zero Newport Business and Community Decarbonisation Programme

At Newport City Council, we are committed to supporting businesses in Newport to decarbonise and reduce energy costs. Through our partnerships, we are supporting organisations to establish baseline carbon emissions, implement emission reduction strategies, and actively fund projects aligned with sustainability objectives. We provide both financial and non-financial support to local businesses to ensure that Newport can achieve Net Zero by 2050.

From April 2024, through UK government’s Shared Prosperity Fund (SPF) as part of the levelling up agenda, Newport City Council will offer match funded grants up to £30,000 to local businesses through the Net Zero Newport Business and Community Decarbonisation Programme. This will cover building surveys, energy efficiency upgrades and installation of renewable energy infrastructure to cut costs and carbon. We will also offer FREE technical advice, decarbonisation plans, support, and networking opportunities.

We encourage interested businesses to proactively reach out to Newport City Council to discuss eligibility and the application process.

For further details, please contact netzero@newport.gov.uk. We look forward to working with you in achieving your sustainability goals.

What’s on in Newport?

What’s On City of Newport is a new events portal where you can explore all the amazing events Newport has to offer – together in one place. Browse them all, or search for what excites you most – the choice is yours.

Newport has a growing reputation as host of major events such as the marathon, and we have some great regular events like the Food Festival and the countdown to Christmas. But there is so much more going on across the city.

The council, working with partner organisations, has created this new events portal for exploring all that Newport has to offer, one we can all contribute to, and we can all use. From talks and walks, live music and performances, to late-night shopping, business events, community events, and job fairs.

If you are hosting an event in Newport, make sure you submit details on the site. It will then be available for all to see.

Take a look at Newport City Council’s website and support the city- www.whatsoncityofnewport.co.uk

 

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