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Grants & Loans

Solihull's Business Investment Team are dedicated to support you finding the right finance for your business.

There are a range of options available locally, to discuss in more detail, please call the Team on 0121 704 6151. For further sources of finance, please see the Greater Birmingham and Solihull Business Support Portal.

Start Up Businesses – for the latest support and information, contact our Enterprise for Success adviors.

Business Growth Programme Grant Schemes - the new £33 million Business Growth Programme (BGP) has launched and the first funding round is open for applications.

The package of support is designed to strengthen supply chains, stimulate innovation and grow existing Small to Medium sized Enterprises (SMEs) across the Greater Birmingham and Solihull, Stoke-on-Trent and Staffordshire and The Marches Local Enterprise Partnerships (LEPs).

Part-funded by the European Regional Development Fund and managed by Birmingham City Council, the BGP builds on the successful delivery of the Business Development Programme, the Business Innovation Programme and the Green Bridge Supply Chain Programme, all of which closed in 2015.

The programme limits awards to one grant per SME from any one of the four components of the Business Growth Programme (i.e, you cannot apply for a grant from each component):

HS2 Supply Chain Programme - Offers grant support of £20k-£167k towards project costs for supply chain companies which have, or are in the process of securing, or have the ability to secure a contract for HS2.

Green Bridge Supply Chain Programme - Offers grant support of £20k-£150k towards project costs for supply chain companies operating in, or diversifying into the green economy.

Business Innovation Programme - Offers grant support of £10k-£30k towards project costs for SMEs investing in innovative close-to-market processes, products and services.

Business Development Programme - Offers grant support of £10k-£20k towards project costs for businesses looking to expand, relocate and improve access to markets.

For further information, please see the Business Growth Programme webpages.

To progress your enquiry, please contact the Greater Birmingham and Solihull Growth Hub website or call 0800 032 3488.

 

Property Investment Programme (PIP) Grant Scheme  - a new grant programme to encourage the improvement and development of key vacant, derelict or underused properties and sites for economic use, the grant programme will operate in the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) area.

Apply for Funding.

 

ART Business Loans – A Community Development Finance Institution (CDFI) which provides business loans of between £10,000 and £150,000 to businesses and social enterprises in the West Midlands that are unable to receive their full funding requirements from their bank.

Venture Capital/Business Angel Networks – there are a range of options within the West Midlands that specialise in finance for both early stage and established businesses. To discuss your plans, contact the Team on  0121 704 6151.



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Solihull Metropolitan Borough Council
European Union Investing in Your Future
Telephone 0121 704 6151
Email business@solihull.gov.uk
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