• Helping Business

    Helping Business

    Part of FIDC’s mission is to enable the private sector to successfully secure and maximise new and existing business opportunities across all sectors of the economy. Whether you are looking to establish a new business or expand an existing one, FIDC provides assistance and incentives in the form of business advice and access to funding.
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Grants

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Business Development Grant Scheme

FIDC is proud to announce the Business Development Grant Scheme.  The aim of this scheme is to assist local businesses take advantage of new business opportunities.  FIDC recognises the associated barriers of acquiring higher standards of skills, procedures and processes to take advantage of the increasing number of business opportunities in the Falklands.  FIDC wishes to reduce the financial barrier of meeting these higher standards by helping local businesses acquire internationally recognised training and certification to better position their business to take advantage of new opportunities.

The scheme, approved by the Falkland Islands Development Board in April 2016, provides up to 50% or £5,000 (whichever is lowest) of grant funding for businesses to acquire internationally recognised training or certification.  The scheme is not prescriptive in the types of training and certification that can receive grant funding from this scheme as the kinds of training and certification that can make a business more competitive will vary from application to application.  The remaining 50% of the funding for the training or certification must be provided by the applicant.  Costs eligible for funding from this scheme include anything directly related to acquiring the training or certification, for example course fees, exam fees, assessor fees, travel and accommodation.

The scheme only provides funding for the applicants’ initial training qualification or certification.  The funding will take into account all of the costs to reach that stage, but any maintenance or on-going auditing or assessing post accreditation is not covered by this scheme.  The rationale behind this is to ensure the scheme remains focused and as many businesses can be helped by the scheme.

The application form for this scheme can be downloaded by clicking on the link below.

document Business Development Grant Application (329 KB)

For more information about this scheme, please contact Development Manager (e: This email address is being protected from spambots. You need JavaScript enabled to view it. or t: +500 27211)

The Thermal Energy Grant Scheme is available to assist owners of occupied residential properties (including Landlords) to purchase and install a renewable heating system as a secondary source of heating.

The assistance available under this scheme is,

  • A grant of 50%, up to a maximum of £2,500 to cover the capital costs of an appropriately sized renewable heating technology and its installation.

For further information please read  pdf Thermal Energy Grant Scheme (330 KB) or contact the Development Manager, Tel +500 27211 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

The Rural Energy Additional Generation Grant Scheme is available to assist rural businesses that have benefited from the Rural Energy Grant Scheme. The business must demonstrate that the demand of electricity has increased or the business has expanded since the installation of the energy system part funded by the Rural Energy Grant, the consequence being that the business is more reliant on fossil fuel generated electricity, or demonstrate that the additional generation capacity to be installed will be beneficial to the business’ further development.

The assistance available under this scheme is,

  • A grant of up to 50%, up to a maximum of £2,000, to cover the capital costs of a secondary renewable energy technology with a maximum electrical output of 2,000kWh per year (for example 2.5kW Solar PV array) and its installation.

For further information please read  pdf Rural Energy Additional Generation Grant Scheme (385 KB) or contact the Development Manager, Tel +500 27211 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

The Energy Loan Scheme provides financial assistance to businesses with the capital costs of an energy system and its installation.

There are two options available under this scheme,

  • An unsecured loan with a maximum budget available of £20,000 and a maximum repayment period of 5 years.
  • A secured loan with a maximum budget available of £50,000 and a maximum repayment period of 10 years.

For further information please read  pdf Energy Loans (497 KB) or contact the Development Manager, Tel +500 27211 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

The Small Business Support Grant Scheme

The Falkland Islands Development Corporation’s mission is to encourage and assist in the economic development of the Falkland Islands. To meet this end, FIDC is able to provide financial assistance to local businesses to aid them in meeting their objectives. The limit on this grant is £5,000 or 50% of the total project cost, whichever is the lowest. The applicant must be able to fund 50% of the project cost themselves and are welcome to apply for a loan from FIDC, should they consider it as beneficial for their business

In order for an application for assistance to be considered, the following conditions must be met:

  • The proposal helps FIDC meet its aim;
  • The grant is for business purposes;
  • The business must have five or less employees;
  • The business must be a “local” business, with the majority of it’s turnover staying within the Falkland’s economy;
  • The Business must be based within the Stanley boundary as defined by the Enviromental Planning Office;
  • If an established business, it can prove that there are barriers to it’s growth through the provision of accounts;
  • A completed signed application form has been received.

The Falkland Islands Development Corporation’s Credit Committee will make the decision on whether to support your application. The Credit Committee meets once a month. Following the meeting, we will contact you to inform you of the Committee’s decision.

If you would like to apply for funding from this grant scheme, please download and complete the following form;

document  The Small Business Support Grant Scheme Application Form (89.5 kB)

For more information regarding this grant, please contact Anne Wagner-Gras, Development Manager, T: 27211 or E:This email address is being protected from spambots. You need JavaScript enabled to view it.

About the FIDC

FIDC acts as the national economic development agency for the Falkland Islands and is tasked to develop the commercial sector of the Falkland Islands by being one of the principal partners delivering the Economic, Rural and Tourism Development Strategies.

To help drive sustainable economic growth and assist in the creation of new jobs and opportunities, FIDC provides various forms of support and assistance to the Falkland’s business community.