European Regional Development Fund
Your Gateway To Business Support Call 0345 6000 727

Business Growth Programme

BGP

The Business Growth Programme (BGP) is a £33m fund which will consist of four strands of business support; namely the Business Development Programme, the Business Innovation Programme, the Green Bridge Supply Chain Programme and the HS2 project.

BGP grants are available to eligible companies across Herefordshire, Shropshire and Telford & Wrekin, via the European Regional Development Fund.   

The scheme is being delivered by Birmingham City Council in partnership with the Marches Local Enterprise Partnership and LEPs in Greater Birmingham & Solihull and Stoke and Staffordshire.

The Marches Growth Hub offers free support and guidance for Marches businesses on the BGP and staff at the three hubs in Hereford, Shrewsbury and Telford are available to meet businesses face-to-face to support with the application process and exploring eligibility etc.

There are also specific conditions to be met by companies which have previously received funding from the programme, which are explained below.*

The package of support is designed to strengthen supply chains, stimulate innovation and grow existing small and medium sized enterprises (SMEs) and there are strict eligibility rules for businesses wishing to access the grants. To be eligible your business must operate 100% on a Business to Business (B2B) basis.

The four BGP strands are:

HS2 Supply Chain Programme hs2scplogo

Offers grant support of £20,000 - £167,000 towards projects costs for existing supply chain companies which have, or are in the process of securing, or have the ability to secure a contract for HS2.

Capital and revenue grant funding towards:

  • capital expenditure
  • application of innovative advance technology
  • building information modelling
  • market development

Green Bridge Supply Chain

Offers capital and revenue grant support of £20,000 to £150,000 towards project costs for supply chain companies operating in, or diversifying into, the green economy (energy efficiency, waste management, recycling and renewables)gbscp

  • capital expenditure
  • new product development
  • market development

Business Innovation Programme

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Offers capital and revenue grant support of £10,000 to £30,000 towards projects costs for SMEs investing in innovative close-to-market processes, products and services.

  • capital equipment
  • improvement of production processes and systems
  • new product development

Business Development Programme

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Offers capital and revenue grant support of £10,000 to £20,000 towards project costs for businesses looking to expand, relocate and improve access to markets.

  • capital equipment
  • relocation and expansion
  • market development

Funding is subject to availability and eligibility criteria, details of which can be found by visiting www.birmingham.gov.uk/bgp. Applications must be submitted within the Funding Rounds specified on the above webpage.

If you'd like to know more, please give the Marches Growth Hub a call on 0345 6000 727 or email enquiries@marchesgrowthhub.co.uk  - a leaflet below also gives more information on the level of grant you could expect depending on the number of jobs being created.

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