Apply for a Business Development Grant

The programme applies to businesses within the Greater Birmingham and Solihull Local Enterprise Partnership area

Grants West Mildands helps to make the future of local businesses brighter

Notification has come through of a business development grant which is available to businesses within the Greater Birmingham and Solihull Local Enterprise Partnership area.

The business development grant award is available to local based businesses looking for business grants between the value of £10,000 and £15,000 – representing 45% of eligible project costs.

Financial assistance is available:

For a local business to qualify for consideration for a business development grant they must meet the following eligibility criteria:

• Be an existing SME trading for six months or more

• Employ less than 250 people

• Have a current business plan

• Have an expansion plan in place

• Have a viable project that qualifies for the minimum grant of £10,000

• Create new jobs/safeguard existing jobs as a direct result of the project implementation

• Be based in, or relocating to, the GBSLEP (Greater Birmingham and Solihull Local Enterprise Partnership) area

• Be in one of the eligible business sectors

 

Eligible revenue costs include:

• Up to three days of accredited business advisor support

• Removal costs

• Expansion of existing premises

• Rent and rates associated with moving to new premises

• Installation (heating and lighting)

• Installation of cabling as part of relocation/expansion

• Signage

• Marketing and branding

This particular  business grant is equivalent to 45% of eligible costs subject to satisfying criteria and approval by an awarding panel. There will also be an administration fee of 1.5% of the project costs, which will be deducted from the first business development grant payment.

 

Eligible Areas:

  • East Staffordshire
  • Sutton Coldfield
  • Cannock
  • Solihull
  • Lichfield
  • Bromsgrove
  • Tamworth
  • Redditch
  • Birmingham
  • Kidderminster

GrantsWM - Business Development Grant Programme (Birmingham)

This grant is only available to businesses located within the main Birmingham area. However should you happen to be located outside the main Birmingham area but wish to know if we can assist you regarding business grants please feel free to contact us
  • GBSLE stands for Greater Birmingham and Solihull Local Enterprise Partnership. Your business must be located within one of these areas to qualify for this business grant
  • To apply for the business grants your business must have been trading for six months or more.