Who Can Apply
We welcome applications from businesses operating as a sole-trader, partnership, limited liability partnership, social enterprise or limited company.
Businesses from a range of sectors can apply to WSLF for funding. Whilst the Fund may have at one time been associated with traditional manufacturing sectors, this now only accounts for a minority of the businesses supported and we aim to support a broader spectrum of businesses which offer growth and employment opportunities.
Therefore, the Fund will prioritise its investment in businesses engaged in business to business activities and those businesses which demonstrate they will create added value and jobs without causing local displacement.
The Fund will consider investing in sectors which support national, regional and local economic development, regeneration, town centre and rural diversification strategies and priorities.
WSLF will not invest in businesses which are precluded by State Aid rules and will not normally invest in businesses which do not create added value and contribute to national, regional and local priorities and strategies.
As a guideline the following sectors are likely to be eligible for support.
- Manufacturing
- Service to Manufacturing
- Construction
- Wholesale
- Transport and Distribution
- Software Development
- Agriculture linked to farm diversification
- Tourism & tourism infrastructure
- Service based (providing they are not one of the ineligible sectors)
The following sectors are not normally eligible for support.
- Sale of Motor Vehicles
- Real Estate / Speculative Property Development
- Professional Services
- Social and Personal Services
- Local Services
If in doubt about whether your business is deemed eligible to apply, please contact your local authority representative. Click here for further advice and guidance.