Tech Welcome Grants
Tech Welcome Grants in Sheffield
Are you a tech business based outside of South Yorkshire, looking for the perfect UK location to grow and expand?
Or maybe you've already started up in South Yorkshire and are now ready to establish your first physical business premises?
If so, you might qualify for a Tech Welcome Grant, which can cover up to £10,000 of accommodation costs and is available alongside a wealth of expert support to help you put down roots in Sheffield.
What is Tech Welcome?
The Tech Welcome Grant is a South Yorkshire Mayoral Combined Authority (SYMCA) funded initiative, bringing the brightest tech and digital companies to join South Yorkshire’s thriving tech ecosystem.
The grant is here to help you pay for workspace in South Yorkshire, covering the costs of accommodation for up to a twelve-month period.
Paid in arrears, the Tech Welcome Grant can cover business accommodation costs, with up to £10,000 available for tech and digital companies moving into South Yorkshire from outside of the region.
Sound good? If you're interested in knowing more, simply fill & submit your contact information into the form below and one of our advisors will get in touch.
** For business eligibility criteria, please see further details at the bottom of this page**
Why Sheffield? Here's 3 key reasons just for starters...
Simpson Associates (data analytics)
Simpsons Associates had been going for 30 years when the company decided to open an office in South Yorkshire, to create more flexibility for colleagues and client to get together and maximise the benefits of working face to face.
Case Study
Ingenuity, creativity, entrepreneurship
Whether you’re a digital SME, artisan producer, or FTSE 100 you’re in good company in Sheffield. Our business community is a crucible of ideas, skills and opportunity.
This is a city that embraces inventive spirit, we’re home to many successful start-ups. When you’re ready to put your business plan into action, you’ll find lots of free training, workshops, and networking events to build your foundations.
Find a change of scenery in Sheffield
A city where business and people can thrive.
Sheffield is the Top City to start a business in.
Startups.co.uk looked at 42 categories to find the best cities to start a business in- and Sheffield came top. We also scored second for Business Support and third for talent. We’re always super proud to support our start ups and shout about the entrepreneurial spirit in Sheffield. It’s even better when someone else does too.
**Business Eligibility for the Tech Welcome Grants**
- The business must be a demonstrable legal entity (Company Number, UTR, etc) currently based outside of South Yorkshire, or have moved from outside of the region to a virtual office or single hot-desk within the last 6 months.
- If currently in South Yorkshire on a hot-desk/virtual office basis then only increasing the number of hot-desks or taking dedicated office space will be considered eligible costs.
- In addition, any tech business already based in South Yorkshire, looking for their first physical office will now be able to apply.
- Evidence of previous or existing location/current arrangements must be supplied as part of the application process.
- Only offices or hot-desks in recognised incubators, hubs, workspaces and commercial premises are eligible. Due diligence will be undertaken by the managing authority to confirm that the premises is a commercial workspace. Residential, university based, or other non-commercial space is not eligible expenditure.
- The business must have a technology-based product or service as their primary business activity, or plan on making it their primary business activity due to relocating. Agencies developing services on behalf of clients are not eligible. Due diligence will be undertaken on behalf of SYMCA.
- The business must be bringing and/or creating jobs in South Yorkshire. This will need to be evidenced and will be monitored to ensure it matches the numbers projected in the application and the level of award.
If you're unsure about your eligibility, please still submit your information on the enquiry form further up this page and our advisors will be in touch go through this with you. If you prefer, you can also contact the Invest Sheffield Team direct at: invest@sheffield.gov.uk