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Looking for Business Grants and Finance

Redditch Borough Council funds or is a delivery partner for a number of grant programmes.  Further details of grants available via Redditch Borough Council are below:

right arrow greenHelp with starting up a business in the Town Centre

right arrow greenEnterprising Worcestershire Business Start-Up Programme

right arrow greenEnterprising Worcestershire Business Growth Programme

right arrow greenBusiness Booster Grant

right arrow greenBusiness Development Programme

right arrow greenWhere else can I go for help?

 

Help with starting up a business in the Town Centre

Pitch your plan is a scheme set up by Redditch Town Centre Partnership with the support of Redditch Borough Council, offering business support and help to get started. Find out more including when the scheme will next be available by visiting the website.

right arrow greenPitch 4 Redditch Internet Image

Enterprising Worcestershire Business Start-Up Programme

ERDF logo

The Enterprising Worcestershire Business Start-Up Programme gives you the opportunity to acquire the knowledge and skills necessary to make your new business a success.

Open to businesses in Worcestershire that have been trading for less than 12 months, including pre-start, the programme includes:

·         Minimum 2 days support from a business advisor to help with business planning; marketing; and financial and legal requirements

·         Access to a grant of between £500 and £1,000 (subject to eligibility criteria)

For more information contact:

NWedR  0845 601 5953 telephone  info@nwedr.org.uk email icon

Or

Worcestershire Business Central 0300 123 1440 telephone  info@business-central.co.uk email icon

Enterprising Worcestershire Business Growth Programme

ERDF logo

The Enterprising Worcestershire Business Growth Programme is designed to help young businesses to become established and grow.

Open to businesses in Worcestershire that are in eligible sectors and have been trading for more than 12 months, the programme includes:

·         Minimum 2 days support from a business advisor to help with growth planning

·         Access to a grant of up to £5,000 to cover 50% of the costs of an eligible project

For more information contact:

NWedR  0845 601 5953 telephone    info@nwedr.org.uk email icon

Or

Worcestershire Business Central 0300 123 1440 telephone  info@business-central.co.uk email icon

Business Booster Grant

The Business Booster Grant is designed to help young businesses make a step change in their development.

The grant is available to businesses in eligible sectors, that are located within the local authority areas of Bromsgrove District, Redditch Borough and Wyre Forest District Councils.  The grant will cover 50% of the costs of an eligible project up to a maximum of £2,500. To find out more view the information sheet.

For more information contact:

NWedR 0845 601 5953 telephone  info@nwedr.org.uk email icon

The £8m Business Development Programme

ERDF logo

This programme was launched to support existing small to medium sized enterprises (SMEs) across the Greater Birmingham & Solihull Local Enterprise Partnership (GBSLEP) area which includes Redditch.

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 and newsletter explains more about the programme.

BDP Leaflet (Size: 812 Kb Type: PDF ) PDF Acrobat            Newsletter

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 43.5 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 North Worcestershire Economic Development and Regeneration on 0845 6015953 or email info@nwedr.org.uk

***STOP PRESS for a limited time only the Coaching and Mentoring Programme has been reduced to just £1,000** see the attached for more information.

Eligibility Criteria (Size: 24.7 Kb Type: PDF ) PDF Acrobat

The project is funded by Redditch Borough Council, other GBSLEP Partners and the European Regional Development Fund.

Where else can I go for help?

For information about all funding for businesses in Worcestershire, including grants; loans and equity finance, visit Worcestershire Business Central’s searchable database Finance Worcestershire Internet Image10
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This page was last reviewed 2 June 2014 at 14:23 by Sharon Forrest.
The page is next due for review 29 November 2014.
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Redditch Borough Council, The Town Hall, Walter Stranz Square, Redditch, B98 8AH - Directions to Council Offices