Business Development Programme
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The £8m Business Development Programme was launched to support existing small to medium sized enterprises (SMEs) across the Greater Birmingham & Solihull Local Enterprise Partnership (GBSLEP) area.
The Programme has been designed to help more than 400 qualifying existing small and medium-sized businesses to implement their growth and expansion plans. It has received £3.9m from the European Regional Development Fund (ERDF) and is available to businesses throughout the GBSLEP area.
This leaflet explains more about the programme.
Financial Assistance Scheme
The programme provides financial assistance to qualifying companies by way of a grant of between £10,000 and £15,000 against minimum project costs of £22,000. The grant award is available for 45 per cent of eligible project costs, subject to satisfying criteria and approval. It aims to create more than 400 new jobs and safeguard more than 400 others.
Coaching and Mentoring Programme
As well as the financial assistance scheme, an intensive coaching and mentoring programme for businesses has now launched called great200leaders. It offers a development plan of 100 hours of leadership development. It is delivered over 12 months in peer group workshops, each headed by an inspirational expert speaker. Each participant receives £4,000 funding towards the cost. This programme is aimed at 200 ambitious business owners and directors, to deliver personal performance and business growth.
The programme runs until June 2015.
Find out if your business is eligible for support by looking at the criteria in the document below or contact your GBSLEP area representative, details of which are provided in the leaflet above.
The project is funded by Birmingham City Council and the European Regional Development Fund
Last Updated : 5th June 2013