Business Enterprise Fund (BEF) Grants £1,000 - £5,000
Capital Grants 50% of project costs for Start-up and Existing businesses. Contact: Lisa Ashby on 01743 252596.
Email: lisa.ashby@shropshire.gov.uk
Shropshire Council Business Investment Fund
£5,000 - £50,000
Investment loans for 6 month to 5 year term, managed by Impetus. Contact: Barry Jones on 07768 103393
Email: barry@tangraminfotech.co.uk
Marches Grads for Business
Up to £10,000
45% salary paid for a graduate on a minimum six month placement. Tel 01743 252741
E-mail: amanda.gosling@shropshire.gov.uk
Eureka Moment
Free Business Reviews, Revenue Grants £2k-£10k
Free business briefings and consultancy for businesses looking at innovative solutions including implementing new processes, products or entering new markets. Free consultancy support is available from project partners and the opportunity to apply for revenue grants from £2,000 to £10,000 to implement identified actions. ERDF restrictions may apply to business sectors. www.shropshire.gov.uk/eureka-moment
Email: Helen.hunter-hayes@shropshire.gov.uk
Apprenticeships
£1,500 payments + Training costs
Government covers 100 % of training costs for 16-18 year olds and 50% of training costs for 18-24year olds. In addition the business receives a £1,500 payment as an incentive to take on an apprentice.
Website: www.apprenticeship.org.uk
Redundant Building Grants
£3,000 - £100,000
Capital Grants up 30% of eligible costs for buildings currently not in use. Managed for Shropshire by Herefordshire Council.
Contact Caroline Cattle on 01432 260662
Email: rbgscheme@herefordshire.gov.uk
Business Courses Start2Great
Business start-up courses – the “Start Up- Shape-Up” programme available to individuals and businesses in Shropshire, Telford & Wrekin and Herefordshire to help them during the early stages of their business.
Website: www.start2great.co.uk
Optimising Business Broadband
The project will be delivering a programme of events, workshops and one-to-one support and advice. Aims to help businesses increase their competiveness through the use of advanced information and communication technologies to improve performance, open new markets and increase resilience. www.optimisingbusinessbroadband.co.uk
Metnet – Marches Environmental Technology Network Revenue Grants £1,000
Revenue grants of £1,000 match funded towards activity that will improve the business. Available to small to medium sized environmental businesses based in Shropshire.
Full details on the scheme can be found at www.met-net.co.uk/info/funding
The Prince’s Initiative for Mature Enterprise (PRIME)
For 50+ year olds, 3 days training on self-employment and running your own business.
Website: www.prime.org.uk Tel: 08458622033
Growth Vouchers
This government programme helps small businesses get expert advice on: Finance & cash flow, Recruiting and developing staff, Improving leadership and management skills , Marketing, attracting and keeping customers, Making the most of digital technology Some businesses will be randomly chosen to get a voucher for up to £2,000 to help finance specialist business support. Match funded. Website: https://www.gov.uk/apply-growth-vouchers
Cobra Business Database
Cobra services include:
Business Opportunity Profiles (BOPs) – 100s of business start up profiles Business Information Factsheets (BIFs) – covering hundreds of business subjects.
Contact: Business & Enterprise Team on 01743 252596 Email: business@shropshire.gov.uk
Business Innovation Programme (BIP) £10,000 - £30,000
BIP offers grant based financial assistance to support existing SME’s across the Midlands, which have been trading for 6 months or more and are ready to undertake investment in innovative production processes. This must lead to new products, which are 'close to market'.
Applicants are encouraged to incorporate a combination of one or more of the following:-
Capital Expenditure
New Product Development
New Marketing Development
Business Innovation Mentoring
Contact Suzanne Dottin-Payne on 0121 3033150 Website: www.birmingham.gov.uk/bip
Green Bridge Grants
£20k - £1 million
Capital and revenue grant to develop grow and diversify businesses within the green sector or seeking to diversity into the sector, to develop new markets, new products, skills development and purchase of capital equipment.
Tel: 0121 3033150
Website: www.birmingham.gov.uk/greenbridge
[Source: Shropshire Council]
