A reimbursement grant of up to £3000 will be made available to your business to help with essential start-up costs based on three milestones:
Milestone 1 – the first £1000
This must be spent by end December 2021.
This is available following:
- your completion of all the induction events
- provided evidence of your business registration with Companies House and that has been checked and verified by the biSU team
- officially selected your mentor
Milestone 2 – the second £1000
This is available following:
- your full attendance and contribution of mid-year review and
- having met with your mentor each month and
- having attended all Business Club’s, Workshops & Reviews
Milestone 3 – the final £1000
This is available from early May 2022 assuming you have:
- attended all key date events throughout the year to date
- met with your mentor each month and have your final appointment booked in for May
- submitted a Business Plan and a Case Study to the biSU team
- The very last date you can submit your final grant Application will be 17 th June 2022
Please note that any unspent grant from each milestone rolls over until the final deadline, so you do not lose access to your full allowance unless the final deadline passes.
