The SWEF (Social/Wider Enterprise Fund)

The SWEF (Social/Wider Enterprise Fund) is a business support grant administered by South Yorkshire’s Community Foundation, designed to help young entrepreneurs in South Yorkshire with start-up and early business costs. The fund offers two grant options. Start-Up Business Grants provide up to £500 for individuals aged 18–30 who are in the early stages of starting a business and have not yet generated income. Established Business Grants offer up to £2,000 for businesses that have been trading for less than two years.

Applicants must live in South Yorkshire, be aged 18–30, and typically come from low-income households or face barriers that limit access to finance or business support. The grants are non-repayable and are intended to help businesses develop and become sustainable.

Funding can be used for eligible business costs such as equipment, tools, materials, stock, marketing, or professional services that support business growth. However, the grant cannot be used for wages, personal living costs, or debt repayment.

The application process involves completing an application form and providing supporting documents, including a bank statement and a reference. Applications are assessed on eligibility, need, and business viability. Successful applicants are usually notified within six weeks and must spend the funds within 12 months, providing follow-up updates after six and twelve months.