IoD Bursary for Small and Entrepreneurial Businesses 2026

Access director level development at 50% off with the Institute of Directors Bursary scheme.

What is the IoD Bursary scheme?

The IoD Busary gives eligible directors the opportunity to complete a module Certificate in Company Direction module at 50% off.

Created for directors of eligible small and medium-sized businesses, this bursary offers a rare opportunity to access recognised training at a reduced cost, helping participants to build skills, confidence and knowledge in leading with impact.

Each bursary covers one of the following modules:

Module
Standard fee (excludes VAT)
50% bursary fee (excludes VAT) 
Role of the Director and the Board 
£3,495 
£1,747.50 
Leadership for Directors 
£3,495 
£1,747.50 
Strategy for Directors 
£3,825 
£1,912.50 
Finance for Non-Finance Directors 
£3,825 
£1,912.50 

Who is the IoD Bursary for?

Company Eligibility

The organisation on whose board the applicant sits must:

  • Be a registered UK business for at least one year
  • Have fewer than 50 employees
  • Have an annual turnover of under £5 million

Membership requirements

Applicants must:

  • Have been an IoD Member or Fellow for a minimum of one year

Professional Motivation

Applicants must demonstrate how they will use the skills gained to improve:

  • Corporate governance
  • Strategic planning
  • Board leadership and decision-making
  • Overall organisational performance

Why should you apply for the IoD Bursary scheme?

Successful applicants will benefit from:

  • Improved governance understanding
  • Enhanced leadership capability
  • A completed module that contributes towards the Certificate in Company Direction, the IoD’s flagship professional qualification for directors.
  • Skills and knowledge which will equip you to lead your organisation in long term, sustainable growth

Completing a module from the Certificate in Company Direction helps small business leaders build confidence, credibility, and resilience in an increasingly complex business environment. You can find out more about the Certificate here.

Places are limited and demand is expected to be high, so we advise early application.

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