Micro Fund: Business Application Form and Guidance The closing date for this application round is 5pm on Monday 14th August 2017 We’ll let you know our decision by 25th September 2017 Clicking on the text in blue takes you straight to the documents on our website If you are applying as a voluntary / community organisation, this isn’t the Form for you – you’ll need our ‘Micro Fund: Community’ Form. Please read through the form and guidance notes before you start writing. Who can apply? You are eligible to apply for a Micro Fund: Business grant if you have an idea for a new business and just need a small grant to get it started or to gain essential skills to get it started, or if your business has 9 employees or fewer and you have plans to expand and develop. How much can I apply for? Micro Fund: Business grants normally range from £300 - £1,000, though can be for the maximum £5,000 if the proposal is strong and is likely to lead to future employment opportunities. The Micro Fund cannot support ongoing costs and you shouldn’t expect to apply every year for the same activity. You should be able to demonstrate that you are working towards making your business sustainable. What kinds of things does the Fund support? Micro Fund: Business grants can support, for example, the purchase of essential equipment, infrastructure which will enable business growth, essential skills training for business growth, start-up costs. It’s best if you talk to us about your proposal before you start on your application. Please write simply and clearly and avoid jargon and abbreviations – we might not know what they stand for! Make sure that you show how your proposed business activity links clearly with at least one of the Fund’s nine themes. Submitting your application (you are welcome to apply in the language of your choice) It’s always useful to ask someone outside your organisation to check over your application before you send it off. We prefer to receive applications by email, but it’s also fine to post paper copies – remember to keep a copy for yourself. By email: [email protected] Please put the names of your project and organisation in the subject field of your email. We’ll send you confirmation that we’ve received it. By post: Pen y Cymoedd Wind Farm Community Fund CIC, 4 Gadlys Enterprise Centre (Venture Wales Buildings), Depot Road, Aberdare CF44 8DL Please read the Guidance and answer all the questions – we’ll have to come back to you if you don’t, and it’ll take us longer to make a decision. 1 MFC Round 2 V2 9.5.17 Application Reference: (internal use only) M F B 1. BUSINESS / ENTERPRISE AND CONTACT DETAILS All the questions in section 1 help us to understand your business or enterprise - what your overall aims and priorities are, how you’re set up and so on. If your business is new, tell us as much as you can about how you plan to address each issue. 1.1 Business Name: Business Registered Address: (including postcode): Contact Telephone Number: Email Address: Website: (if you have one) Who will be our main contact? To help protect the Fund from fraud, if your application is successful, we will use an independent agency to carry out basic identity checks as part of our risk assessment procedure. These are not credit checks. Name: Email Address: Landline Number: Mobile Number: Date of Birth: Main contact’s personal address: (if you have lived here fewer than 3 years please provide previous address) Role/Position in the Business: 2. ABOUT THE BUSINESS / ENTERPRISE 2.1 What does your business do – what are its main aims and activities? 2 MFC Round 2 V2 9.5.17 2.2 How do, or how will, people find out about your business? How do you publicise your activities? Explain what you do to make sure that people from all backgrounds know about your business and how to benefit from it. Anyone who wants to access your services should be welcome to do so, unless there are clear reasons why this isn’t possible. If there are any restrictions, you should explain why. 2.3 When was your business/enterprise established? 2.4 What type of business are you? ☐ Co-operative Number: ☐ Limited Company Number: ☐ Partnership Number: ☐ Sole Trader 2.5 How many of the following are involved in the organisation? We’re asking this to give us an idea of the size of your business, who is involved and how they are involved. Full Time Paid Staff (including yourself) 2.6 3 3.1 3.2 Part Time Paid Staff (including yourself) Does your business have the following? (please tick and explain) Public Liability Insurance? ☐ Other Insurances? (if so what are they) ☐ MANAGING YOUR MONEY Yes ☐ Are you VAT registered? If you can reclaim VAT from HMRC, you should exclude it from your grant application No ☐ Give us the main details of your business’ income and expenditure over the last year? Total Income last accounting year £ Total Expenditure last accounting year £ Net Surplus / Deficit £ Current Unrestricted Reserves £ Why can these unrestricted reserves not be used for this project? 3 MFC Round 2 V2 9.5.17 4 ABOUT YOUR PROJECT OR ACTIVITY 4.1 What’s the name of your proposed business activity or project? Give it a short and snappy title! 4.2 Which Micro Fund themes best match your activity aims? See the Prospectus and application guidance notes for more information about what each theme includes: Local Jobs and the Economy Transport and Health and Connections Wellbeing Safety Community and Spaces Housing Environment Tourism Culture 4.3 Tell us about your project. Be as specific as possible and stick to the word limits shown. A What are you applying for funds to do? What will it involve? Up to 300 words B How do you know it’s needed? Up to 200 words C How do you know there are no other businesses out there doing the same thing? Up to 100 words D How will your business benefit? Up to 200 words 4 MFC Round 2 V2 9.5.17 Schools and Training E Approximately how many people will benefit? F Where do the people who will benefit live – what’s the name of the main community / town / area? It is possible for applicants to be based outside the area of benefit, but you’ll need to explain clearly how the activity or project proposed directly benefits communities in the upper reaches of the Neath, Afan, Rhondda and Cynon Valleys. Include details of where your customers live and where the people who will benefit live. G Have you received development guidance and support from another business or organisation? If so please explain If you are working with partners, please include brief letters of support and confirmation from them with your application. H Will any permissions or regulatory approval be needed for you to carry out your activity, or will you need relevant qualifications to proceed? YES NO If Yes, tell us what these are and if they are already in place 4.4 When is the expected start and end date of the project? The start date should be at least two months after the date you submit your application to give us time to assess it and make a decision. Unless there are exceptional circumstances, you should aim to spend your grant within 12 months of receiving our offer letter. Start Date 4.5 End Date What will have been achieved when your activity or project is completed? What difference will it have made to your business and your customers? Up to 300 words This is an important question – we’ll look carefully at your response when assessing your application. Tell us, for example, if people will have developed new skills or social networks, if there will be better access to the outdoors, improved social interaction, or health and wellbeing, better collaboration between local organisations etc. At the end of your activity, we’ll ask you to let us know how it all went - what was achieved, what you learned and what you might do differently next time. 5 MFC Round 2 V2 9.5.17 4.6 Details of Grant Requested Item or Activity Total Cost Amount Requested from Pen y Cymoedd Community Fund Total £ If you are not requesting 100% funding and are contributing your own funds or applying for funding from other sources, please complete the table below: Amount £ Source Date you Expect to Know Result 5 Referee 5.1 Please give us the name and contact details of someone outside and independent of your organisation who knows about your proposed activity and who would be willing to talk to us about it. Make sure you share your application with them and have their permission to include their name here. Name: Organisation / Position: Telephone Number: Email Address: Address: 6 MFC Round 2 V2 9.5.17 5.2 Confirmation and Sign-off By signing this application, I am confirming that: I’m authorised to make the application – the Management Committee /Board has discussed and agreed it The Objects in our governing document enable us to undertake the project we’re proposing The information I’ve given is correct to the best of my knowledge I’ve read the Micro Fund Guidance I agree that we can use the information you give us for identity verification, fraud prevention and detection purposes Name: Signature: Date: 5.3 How did you hear about the Micro Fund? 5.4 Please help us to improve how we manage the Pen y Cymoedd Wind Farm Community Fund! We welcome and act on feedback and would appreciate the opportunity to ask what you think of the application process and service you've received. Tick if you DO NOT wish to be contacted. ☐ 5.5 Data Protection Statement We will keep and use the information you give us during assessment and during the life of your grant (if awarded) to administer and analyse grants and for our own research purposes. We may give copies of all or some of this information to individuals and organisations we consult when assessing applications, administering the programme, monitoring grants and evaluating funding processes and impacts. These organisations may include accountants, external evaluators and other organisations or groups involved in delivering the project. We have a duty to safeguard the Community Fund, and so we may also share information with organisations providing match funding or for the prevention and detection of crime. We might use personal information you provide to conduct appropriate identity and verification checks. Personal information that you provide may be disclosed to a fraud prevention agency, which may keep a record of that information. If you provide false or inaccurate information in your application or at any point in the life of any funding we award to you and fraud is identified, we will provide details to fraud prevention agencies, to prevent fraud and money laundering. We recognise the need to maintain the confidentiality of vulnerable groups and their details will not be made public in any way, except as required by law. Guidance Notes 2.3 If you haven’t yet set up your business, the HM Revenue and Customs website has useful guidance on setting up – you can find out more here. When did you start trading? It’s fine to be new – just tell us when you expect to be trading 2.5 We’re asking this to give us an idea of the size of your business. To be eligible for a Micro Business grant, you should have fewer than 5 full-time employees (or their part-time equivalents). 2.6 It’s essential that you have appropriate insurance cover in place and appropriate safeguarding policies and procedures in place if applicable. We may ask to see these. If you need advice, the Business Wales website is a good starting point. 4.2 If you think only one or two themes apply that’s fine, but think carefully about your proposal – it might have wider benefits that you haven’t spotted. 5.1 We may ask for these to help us in the application assessment process. An external, independent perspective can help us to understand more about what’s planned and how it will benefit local people. Referees could include, for example, Local Authority, Town or Community Councillors, local teachers. Please make sure that your referee has seen your application before you submit it, and that you have permission to give us their names. 7 MFC Round 2 V2 9.5.17
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