In an ever-evolving business landscape, securing the right resources is crucial to unlocking new opportunities.

A number of support and funding initiatives are available to Worcestershire businesses, from start-ups through to established businesses...

Thanks to the UK Shared Prosperity Fund, there is a range of new support for businesses across Worcestershire.

The WM Investment Readiness programme provides guidance and support activities to enable growth in West Midlands based small and medium-sized enterprises (WM SMEs). 

The West Midlands Small to Medium Enterprise (SME) Grant Programme (WMGP) has launched, and funding round 6 is now open.

Businesses across the West Midlands can get advice on funding and growing their companies from next month as a new regional business support service launches.

South Staffordshire Council has received a funding allocation of £489,384 specifically for rural areas.

In recent months many businesses across the Coventry & Warwickshire region have noted recruitment/apprenticeship, cashflow for capital investment and innovation and rising energy costs as some of the key challenges they face in growing their business.

The Government has recently announced an update to the Recovery Loan Scheme, originally launched to help small businesses during the height of the COVID-19 pandemic.

Are you a small business who wants to understand your carbon footprint?

Revenue grants are available to help Staffordshire based companies grow

The British Business Bank has been allocated a further £400m for a new Midlands Engine Investment Fund (MEIF).

The Investment Readiness Programme (IRP) supports the growth of existing small and medium sized enterprises (businesses) in the Stoke on Trent & Staffordshire LEP area.

The Warwickshire Recovery and Investment Fund (WRIF) has been developed with the aim of distributing £140m over the next five years, offering loans and other financial investments to existing and new businesses.

The fund is part of the UK government’s strategic plan to grow its exports by providing additional financial support to SMEs to help them intensify their international trade and stabilise their business operations.

Manufacturing businesses are being offered support and funding to grow and become more competitive through a sector-specific programme.

The grant is designed to help businesses to improve their commercial premises by providing financial support towards the cost of building improvement works. The primary purpose of the scheme is to increase and/or improve business accommodation and to help create new employment opportunities. Funding is targeted at eligible Small and Medium Enterprises (SMEs) located in GBSLEP area and delivering activities within the B1 and B2 planning categories (manufacturing and processing, office uses, business-to-business activities).

Business Growth Programme 2 offers grants of £2,500 to £1,000,000 and is designed to strengthen supply chains, stimulate innovation and help businesses grow. The programme is available to:

• Start-Up B2B Small to Medium Enterprises (SMEs) moving into or located in The Marches Local Enterprise Partnership area only
• Existing B2B SMEs moving into or located in The Greater Birmingham & Solihull and The Marches Local Enterprise Partnership areas