142 Introduction

6: GOVERNMENT AND OTHER SOURCES OF FINANCE

142 Introduction

In some cases, a new business may be able to benefit from sources of finance which are provided or at least sponsored by the government. Assistance may come in the form of equity funds, assisted loans or grants. Some schemes are national and others local, for example, restricted to assisted areas, whilst others still are limited to certain types of trade, chiefly the development of new technology.

A number of grants and awards are also available from bodies such as the National Lottery and UK grant-making trusts. All of these have