The Better Business Grant scheme has now launched in Jersey, representing an incredible opportunity for local businesses to invest in their business growth and success. The grants are intended to help employers across all sectors enhance productivity, invest in staff training and develop new opportunities in tourism.

A total of £5.3m grant funding is available this year, and the same in 2026. Once the fund is allocated, it’s gone so we would urge you to think about applying soon.

Every grant needs to be match-funded by the business applying. Match-funding means if you apply for a grant for an initiative that will cost your business £100,000 in total, you will need to contribute £50,000 and you will receive a grant to cover the remaining 50% – £50,000. The maximum grant amount per applicant is £75,000.

If financing has been holding back your plans to boost productivity, train your staff, take on an apprentice or boost the visitor economy, a Better Business Grant could help you kick start your vision. And if you’re not sure how you will fund your 50% contribution, Close Finance is here to help.

At Close Finance, we have a dedicated team of business funding experts ready to consider your proposal and help structure your funding.

Productivity improvements cover a huge range of ideas – from investment in better tech to improve efficiencies, training your team to work smarter and more effectively, through to investing in sustainable solutions that save money and are kinder to the environment.

If your project involves a more sustainable way of working, Close Finance now offers preferential rates for qualifying ‘sustainable finance’ loans, making this a fantastic opportunity for Jersey businesses to invest in their future.

Head of Commercial Lending, Graeme Hebenton said “The Better Business Support Package introduced by The Government of Jersey is a very welcome initiative, assisting local businesses to boost their productivity, as they continue to face increasing cost challenges. Investing in staff training and productivity initiatives can really help businesses grow and prosper for years to come. To find out more about the various support packages available, Jersey Business are on hand to guide you through the application process. For businesses who don’t have all the available funds for the 50% match funding contribution, we’re ready to discuss your finance needs”.

You’ll need to move fast. The grant portal is now open for applications and once the money has gone – it’s gone. So don’t delay and get in touch with our team today for a no obligation chat about your business funding needs.

Here are some handy links to help you discover more about the Better Business grants:

Grant information: https://www.jerseybusiness.je/finance/funding-opportunities-to-boost-your-productivity/better-business-grant/

Find out which grants you’re eligible for: https://jerseybusiness.microsoftcrmportals.com/BBSP-Eligibility/

Get applications ready with the BBG checklist: https://www.jerseybusiness.je/media/rpsko51h/better-business-grant-checklist-march-2025.pdf

Once you’re confident you meet the criteria, get in touch with our team to find out how we can help with the match-funding and say “hello” to securing a brighter future for your business.