Business Development Programme

GetAttachment-1What is the Business Development Programme?

The £8 million 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 Business Development Programme has been designed to help more than 400 qualifying existing small and medium-sized businesses to implement their growth and expansion plans. The programme has received £3.9 million from the European Regional Development Fund (ERDF).

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% of eligible project costs, subject to satisfying criteria and approval. The programme aims to create more than 400 new jobs and safeguard more than 400 others.

As part of the programme as well as the financial assistance scheme, an intensive coaching and mentoring scheme for businesses has now launched called great200leaders. The great200leaders scheme offers a development plan, consisting of 100 hours of leadership development (see video below).

 

The programme is being delivered over a 12 month period in 10 peer group workshops, each workshop is headed by an inspirational expert speaker and 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.

Applying for BDP support

Business Development Programme 

Round 5 is now open and the deadline for submission of applications is Friday 21st November 2014. Late applications may not be considered.

Grant support of between, £10k to £30,000 is available to SMEs ready to undertake investment in innovative production processes. This must lead to new products, which are “close to market”.

Application details are available at www.birmingham.gov.uk/bip

Business Development Programme

The deadline for submission of applications is Friday 21st November 2014. Late applications may not be considered .

Grant support of between, £10k to £15k is available to SMEs ready to undertake investment in a marketing and promotional campaign or to assist with relocation to new premises/and expansion of existing premises.

Application details are available at www.birmingham.gov.uk/bdp

First, check your eligibility for BDP support here.

If you believe you are an existing eligible business that would like to apply for a grant to expand your business, further details can be obtained from your GBSLEP area representative below.

 

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