Tuesday 2nd October
businesses will need to hurry if they want to access the remaining £2m of grant
funding left in the Business Growth Programme pot.
what is the Business Growth Programme?
It’s a £33m business support programme targeted at existing B2B* SMEs
ready to invest, grow and create jobs across the Greater Birmingham &
Solihull, Stoke-on-Trent & Staffordshire and The Marches Local Enterprise
by Birmingham City Council and part-funded by the European Regional Development
Fund, BGP offers 4 strands of grant support:
HS2 Supply Chain Programme
– offers grants of £20k - £167k towards towards project costs
for companies to realise their current growth plans, in order for them to take
advantage of future HS2 business opportunities.
Green Bridge Supply Chain Programme
– offers grants of £20k - £150k towards project costs for supply chain companies
operating in, or expanding into the green economy,
demonstrating quantifiable green benefit (i.e. energy efficiency, waste
management, recycling and renewables).
Business Innovation Programme
– offers grants of £10k - £30k towards project costs for SMEs investing in
innovative close-to-market processes, products and services.
Business Development Programme
– offers grants of £10k - £20k towards project costs for businesses looking to
expand, relocate and improve access to markets.
450 SMEs have been supported with their expansion plans since launching in
2016, and with the deadline for programme closure looming, we would urge
businesses to come forward and take advantage of the grant funding while it’s
will have to fully complete their projects by February 2019 at the very latest including
spend, defrayal and claiming the grant. Priority
will be given to investment ready projects that can be completed before this
time. Projects extending beyond the February 2019 deadline
will not be considered.
find out more details or contact the Greater Birmingham & Solihull Growth
Hub on 0800 032 3488.
* Business to Consumer/Retail
business cannot account for more than 20% of turnover