Grant Update

JERROMS CORPORATE FINANCE

Grant Update

Information is provided on a selection of recent grant funding initiatives that we feel maybe of interest to those looking to access this type of finance.

The Jerroms Corporate Finance team are on hand should you require any additional information on any of the grants featured below or would like some assistance with the completion of your grant application to help maximise your chances of success.

This is by no means an exhaustive list, so please contact This email address is being protected from spambots. You need JavaScript enabled to view it. at Jerroms Corporate Finance if you are unclear about potential grant options available and would like to utilise our Grant Finder service to assist you with a project that you think might be applicable.

Clean Growth Programme

The Clean Growth Programme has sufficient resources available to help support the production of up to 176 Decarbonisation Plans.

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Statutory Sick Pay Rebate Scheme (SSPRS)

The government is reintroducing the Statutory Sick Pay Rebate Scheme (SSPRS). This will be a temporary scheme to support employers facing heightened levels of sickness absence due to COVID-19.

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Additional COVID-19 Economic Support Packages

The government announced in late December 2021 additional economic support to help businesses who have been most impacted by the Omicron variant.

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Coventry & Warwickshire Business Support

A selection of grants and business support initiatives available for SMEs based in Coventry & Warwickshire.

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Made Smarter Innovation

Applications close 26 January 2022 UK registered businesses and organisations can apply for a share of up to £20m for digital innovation projects that will improve the resource efficiency and energy efficiency of manufacturing processes in factories. 

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Recovery Loan Scheme Extended

The scheme will run until 30 June 2022. The Recovery Loan Scheme (RLS) supports access to finance for UK businesses as they recover and grow following the COVID-19 pandemic.

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New allocation for Midlands Engine Investment Fund

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

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Additional Restrictions Grants (ARG)

Birmingham City Council has secured further Additional Restrictions Grant (ARG) funding from government to continue to support businesses affected by the Covid-19 pandemic.

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Investment Readiness Programme

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

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Warwickshire Recovery & Investment Fund

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.

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Internationalisation Fund

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.

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Manufacturing Growth Programme

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

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Help to Grow Scheme

The government has launched a £520m Help to Grow scheme, providing a boost to small businesses as the country attempts to recover from the impact of Covid-19.

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Property Investment 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).

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Business Growth Programme 2

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

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Get In Touch

Please get in touch if you want to talk more about how we can help you.
We offer an initial consultation free of charge which gives us the chance to meet and discuss your needs, with no obligation.

Corporate Finance in Solihull

Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH

0121 693 5000

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Jerroms is a trading style of Jerroms Business Solutions Limited 08923059, Jerroms (Bromsgrove) Limited 08433008 and Jerroms Corporate Finance Limited 12112183 . 
Registered office for each of these companies is: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH