Round 11 of the £33 million Business Growth Programme (BGP) is now open for applications.
The package of support is designed to strengthen supply chains, stimulate innovation and grow existing Small to Medium sized Enterprises (SMEs) across the Greater Birmingham and Solihull, Stoke and Staffordshire and The Marches Local Enterprise Partnerships (LEPs).
Part-funded by the European Regional Development Fund and managed by Birmingham City Council, the BGP builds on the successful delivery of the Business Development Programme, the Business Innovation Programme and the Green Bridge Supply Chain Programme, all of which closed in 2015.
The current programme limits awards to one grant per SME from any one of the four components of the Business Growth Programme (i.e, you cannot apply for a grant from each component).
HS2 Supply Chain Programme – Offers grant support of £20k-£167k towards project costs for supply chain companies which have, or are in the process of securing, or have the ability to secure a contract for HS2.
Green Bridge Supply Chain Programme – Offers grant support of £20k-£150k towards project costs for supply chain companies operating in, or diversifying into the green economy.
Business Innovation Programme – Offers grant support of £10k-£30k towards project costs for SMEs investing in innovative close-to-market processes, products and services.
Business Development Programme – Offers grant support of £10k-£20k towards project costs for businesses looking to expand, relocate and improve access to markets.