Round 12 of the Business Growth Programme now open

News
23/05/2017

The £33m Business Growth Programme is open for applications. Part-funded by the European Regional Development Fund and managed by Birmingham City Council, this comprehensive package of business support provides grant funding of between £10k - £167k to existing Business 2 Business Small to Medium sized Enterprises located in, or moving into The Greater Birmingham and Solihull, Stoke-on-Trent and Staffordshire and The Marches Local Enterprise Partnership (LEP) areas.

Targeted at businesses ready to invest, grow and create jobs, the Business Growth Programme consists of 4 strands of grant support which are;

The HS2 Supply Chain Programme offersgrants of £20,000 - £167,000 for supply chain companies who have, or are in the process of securing, or are preparing their company to be able to secure a contract for HS2.

The Green Bridge Supply Chain Programme offersgrants of £20,000 to £150,000 towards project costs for supply chain companies who can demonstrate quantifiable green benefits (i.e. energy efficiency, waste management, recycling and renewables).

The Business Innovation Programme offers grants of £10,000 - £30,000 towards project costs for SMEs investing in innovative “close-to-market” processes, products and services.

The Business Development Programme offers grants of £10,000 - £20,000 towards project costs for businesses looking to expand, relocate and improve access to markets.

Please note that SMEs are only permitted to apply for ONE strand of support.

Submit your application before the current funding round closes on Wednesday 7th June.

Funding is subject to availability and eligibility criteria, details of which can be found by visiting www.birmingham.gov.uk/bgp.

Since its launch, over 150 businesses have already benefitted from Business Growth Programme grant support, which has unlocked over £10m worth of project costs and created almost 500 job opportunities.

To find out more about how the Business Growth Programme can support your business, why not speak to one of our advisors who are on hand to guide you through the process. We are happy to talk through your project via a telephone call, or if you prefer, we can arrange a 1-2-1 face to face appointment. Call the BGP Grants Hotline on 0121 464 6456.