The £33m ERDF Business Growth Programme now has only £4m of grant funding left, so if you know of any growing SMEs looking for grant funding to expand, we still have a very limited amount of funding remaining and would urge them to apply now. It’s easy to check out whether a company is eligible to apply – see our 9 eligibility questions on this link https://goo.gl/1RZTMd or visit www.birmingham.gov.uk/bgp.
Managed by Birmingham City Council and part-funded by the European Regional Development Fund, BGP consists of 4 strands of grant support:
The 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.
The 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).
The Business Innovation Programme – offers grants of £10k - £30k towards project costs for SMEs investing in innovative close-to-market processes, products and services.
The Business Development Programme – offers grants of £10k - £20k towards project costs for businesses looking to expand, relocate and improve access to markets.
The programme launched in July 2016 and is scheduled to close in December 2018, subject to availability of grant funding.
* Business to Consumer/Retail business cannot account for more than 20% of turnover