Grants of up to £1,000 are available to help new businesses set up in Rotherham.
UK Steel Enterprise is offering the grants through its Kickstart Fund initiative, launched in partnership with Rotherham Council.
Budding entrepreneurs will also be offered advice and guidance on how to get their business ideas off the ground.
A spokesman for UK Steel Enterprise - the part of Tata Steel which invests in companies and communities in steel regions to help them grow and create jobs - said £40,000 is being set aside for the grants.
The company has also committed additional support to help existing companies in the region grow, and can provide investment finance of up to £1 million to facilitate expansion and create job opportunities, as well as loans of up to £100,000.
Keith Williams, Regional Manager for UK Steel Enterprise, said: “Small businesses are the life blood of the economy, but starting a business is a big challenge.
“This funding will help those budding entrepreneurs who need an extra boost to get the ball rolling.”
To find out more about start-up grants call 07500 991003 if you are under 30 years old or 01709 254444 if you are over 30.