City of Wolverhampton Council will next month (April) launch its latest round of business grants to support Wolverhampton businesses with capital investment and low carbon projects.

Grants will be offered between £3,000 and £100,000, at a maximum 50 per cent intervention rate of total project costs the funding is for.

Funding will come from the UK Shared Prosperity Fund (UKSPF).

The latest grants will be launched at a free Business Support Roadshow – supported by Business Growth West Midlands - at Molineux Stadium (WV1 4QR) on Tuesday, April 8, between 10am and 12.30pm, where full details of grant eligibility, impact measures and the application processes will be shared along with details of some of the other new business support programmes.

The window for Expressions of Interest in the grants will open the same day and close on April 30, 2025.

To book a place at the Business Support Roadshow, visit: Wolverhampton Business Support Roadshow Tickets, Tue 8 Apr 2025 at 10:00 | Eventbrite

Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, said: “In Wolverhampton, we are utilising the UKSPF funds to support SMEs in maximising their offer and capitalising on opportunities being generated by investment in our city.

“The allocation of UKSPF funding over the past 12 months is helping to create more than 80 new jobs, safeguard a further 179, and underpin a projected average growth rate of over 14%.

“I would urge businesses to sign up for the event on April 8 to find out exactly what funding is available to them.

“Following the event there will also be support in place to help guide businesses through the process to access these grants.”

Wolverhampton business Barr and Grosvenor – manufacturers of calibrated weights and producers of specialised castings in iron, brass, bronze and other white metals - benefitted from the previous round of grants, securing £14,000 for a capital investment critical to securing a contract to renovate Blackfriars Bridge in London.

Dominic Grosvenor, Barr and Grosvenor Managing Director, said: “The advice and support from Ross Edgley at the council’s business growth team has been invaluable – it’s great to know that help is always close at hand. They not only helped me secure the grant but also introduced me to a number of other organisations that are able to support my business.”

The company lists an array of high-profile conservation projects amongst its works, including the restoration of The Iron Bridge in Shropshire, the production of a new Shrine to St Chad in Lichfield Cathedral, the casting of bronze door locks for galleon lighting columns down The Mall for the Queen Mother's funeral, door hinges for the Palace of Westminster and bronze handrails for Westminster Cathedral.  The company also played a key role in the regeneration of the Springfield Brewery site in Wolverhampton.

Applications for the grants are on a competitive basis, subject to availability of funds, and distributed at the discretion of the council.

If you need help with your grant application or have a general query, you can get in touch by emailing business.development@wolverhampton.gov.uk or calling the business support phone line on 01902 555572 between 9am and 5pm from Monday to Thursday or from 9am to 4.30pm on Fridays.