Business finance and grants
Introduction
The Business Sector Growth Team (BSGT) provides investment assistance to businesses in the wider city area. The team will help you develop your plans and/or access a number of grant and loan schemes that can contribute finance to qualifying investment projects.
To find out more about how we can assist and what is available please contact Richard Lawson, our Business Investment Co-ordinator, or alternatively please complete the Business Finance and Support Enquiry Form.
Coventry and Warwickshire Enterprise and Business Growth Package
This European (ERDF) funded programme supports start up businesses, high growth businesses, manufacturers, innovative and digital businesses with a range of support activity from marketing, people management and finance to resource efficiency. Businesses (employing less than 250 staff) engaging with the programme and looking to invest can benefit from a targeted grant element.
Advanced Manufacturing Supply Chain Initiative
Businesses operating in the automotive or aerospace industries particularly and the wider engineering sector more generally can access loans and grants to improve their ability to tender for and supply the contracts of major players and their immediate suppliers.
Coventry and Warwickshire businesses of all sizes will be eligible. Click on the link for more information, Advanced Manufacturing Supply Chain Initiative
Other programmes and partners
Regional Growth Fund (3) the team offers technical assistance to businesses looking to access the government's Regional Growth Fund (3). A minimum grant of £1 million is the norm to support projects valued at over £5 million. www.bis.gov.uk/rgf
The Technology Strategy Board seeks to make the UK a global leader in innovation and a magnet for innovative businesses, where technology is applied rapidly, effectively and sustainably to create wealth and enhance quality of life. www.innovateuk.org/
MAS, (Manufacturing Advisory Service) is one of the Governments Solutions for Business suite of offerings, jointly funded by BIS (The Department of Business Innovation and Skills) and the nine English Regional Development Agencies.
BusinessLink is government's online resource for businesses. It contains essential information, support and services for you and your business - whether you work for a large organisation or are on your way to starting up. www.businesslink.gov.uk/
Coventry and Warwickshire Chamber provides a range of diverse projects, services and initiatives to support companies of all shape and size. www.cw-chamber.co.uk/
Coventry and Warwickshire Reinvestment Trust is a "not for profit" financial institution providing loan finance to organisations that can be seen to be improving the local economy www.cwrt.uk.com/
Richard Lawson
Business Sector Growth Team
E-mail: richard.lawson@coventry.gov.uk
Tel: 024 7683 2679