Spring Tech Support Fund

Tech Fund

Eligible Expenditure

  • Available towards tech expenditure, such as the purchase or upgrade of: laptops, tablets, specialist software, robotics

Eligible Sectors

  • Torfaen Businesses Only Business to Business Available to SMEs (under 250 employees)

Ineligible Expenditure

  • Expenditure incurred BEFORE the date financial support is offered Purchases by HP/ lease are not eligible

Amount of Financial Support

  • 50% of eligible costs
  • Minimum award of financial support is £1,000 (Total spend £2,000 NET VAT needed in order to qualify for minimum award)
  • Maximum award of financial support of £2,500 (Total spend £5,000 NET VAT needed in order to qualify for maximum award)
  • Maximum of 5 items per award of financial support

Application Process

  • Complete expression of interest form
  • Simple application form
  • Copy of business bank statement (3 months)
  • 2 comparable quotations

Factors Considered

  • Job Creation
  • Safeguarding Jobs
  • Environmental Impact
  • Local procurement

Register your interest


This project is funded by the UK government through the UK Shared Prosperity Fund


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