Are you eligible?

 

In order to be eligible to apply, your business must meet ALL of the following criteria pertaining to being a Small to Medium Enterprise (SME):

  • Fewer than 250 employees
  • Annual Turnover of less than 50 million euros
  • Balance Sheet less than 43 million euros
  • Able to evidence at least 1 year trading history
  • Business trading Address in the Black Country (Dudley, Sandwell, Walsall & Wolverhampton)

NOTE: BCLEP Growth Hub will prioritise applications from companies where the request will make a meaningful impact

What are they?

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The Government supported by the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014 to 2020 are providing grants to small and medium enterprises (SMEs) of, predominately, between £1,000 and £3,000, but a maximum of £5,000 is available ONLY in exceptional circumstances to help businesses adapt and recover following the coronavirus pandemic.

The money is a 100% government grant containing no obligation for businesses to contribute financially. Businesses can use the funding to pay for the following activities:

  • Access to specialist professional advice e.g. human resources, accountants, legal, financial, IT / digital, etc...and/or the
  • Purchase of minor equipment to adapt or adopt new technology in order to continue to deliver business activity or diversify

The BCLEP Growth Hub alongside City of Wolverhampton Council will administer the funding to Black Country businesses. If you believe you are eligible to apply for the above grants.

Please note: these grants are paid directly to the specialist or supplier providing goods/services.

 

             

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Interested?

Interested?

If you believe you are eligible to apply for the above grants, as your business has been negatively affected by Covid-19 and is based within the Black Country area, please sign up to our newsletter to be notified when the grants will be launching.

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Contact us

Get in touch with our team with any questions or queries

0300 770 2245

enquiries@bcgrowthhub.com