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Torbay Enterprise Fund

Find out about the Torbay Enterprise Fund and how it can help support your start-up or retail business.

We have launched the Torbay Enterprise Fund to help support business growth for start-ups and retail businesses in Torbay.

The fund builds on the success of our previous business support programmes and complements the holistic approach of our Start Up, Stay Up, Scale Up business support programme which provides one route of entry for all business support enquiries.

The Enterprise Fund offers two different grants to support local businesses and high streets in Torbay:

  • A Start Up grant
  • A Retail Unit Improvement grant.

There is more information below. 

Start Up grant

The Start Up grant is aimed at helping new businesses in Torbay who are experiencing difficulties with accessing start-up finance.

Grants available: grants of up to £3,000.

The grants of up to £3,000 are available to support Torbay business owners and entrepreneurs with eligible start-up costs. This could include things like a new website, essential equipment or IP.

The grant is open to applications from new businesses in Torbay only (registered on or after 1 April 2025). We recommend that businesses have engaged with the Start Up Torbay Business support programme.

Retail Unit Improvement grant

The Retail Unit Improvement grant will help enhance Torbay’s town centres by supporting retail businesses in designated town centre locations to make physical improvements to their shop fronts.

Grants available: grants of up to £5,000

Grants of up to £5,000 are available to help support existing independent businesses make improvements to shop fronts within specified town centre locations in Torbay. See our Enterprise Grant Fund questions for defined areas.

The grant must be used for external refurbishment, signage, shop fronts or any cosmetic or physical improvements, and must be matched pound for pound.

Applications are now open 

Full terms and conditions and eligibility criteria can be found on the application form for each grant. 

Apply for the Start Up grant

Apply for the Retail Unit Improvement grant

Key dates

Start Up grant: Open from 10am Monday 10 November to 11.59pm on Monday 24 November (2 weeks) 

Retail grants: Open from 10am Monday 10 November to 11.59pm on Wednesday 10 December (1 month) 

Tips for a successful application

  • Read our answers to your questions.
  • Read all information on the application thoroughly, including the terms and conditions, eligibility criteria and questions.
  • Where possible, provided itemised costs with appropriate evidence of these. For example, quotes or screenshots.
  • Ensure you send your supporting evidence as described within the application form. Without this, your application will likely be unsuccessful.
  • Make sure you press the submit button on the last page to ensure your application is properly.

Need help?

Reasonable adjustments are available.

If you have any questions or require any support, please contact our Economy team by emailing EconomyTeam@torbay.gov.uk.