The Marches Growth Hub is keen to ensure that businesses in the region are able to take advantage of the considerable business opportunities available both via its local authority partners and other larger private and public sector organisations.

Current opportunities:

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The Marches LEP Low Carbon Innovative Land Use Fund

The Marches LEP is inviting organisations to apply for a share of £100k available through its Low Carbon Innovative Land Use Fund to support the implementation of low carbon or innovative land use projects. The closing date for applications has been extended to 17 November 2023. Visit the website for full details and to apply.

The Marches LEP Capital Funding Project Call 2023

The Marches LEP is inviting organisations to apply for a share of £487k funding to support capital projects within Herefordshire, Shropshire and Telford & Wrekin that support the following policy areas:

• The move to a net zero economy
• Business support and innovation projects
• Skills development and employability support

The closing date for applications is 1 December 2023. Visit the website for full details and to apply.

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British Business Bank Request for proposals from potential fund managers

The British Business Bank is now inviting proposals from potential fund managers to operate the new £400m Midlands Engine Investment Fund II via its website. It expects to appoint fund managers in the final quarter of 2023 and the new fund is expected to launch in Spring 2024.

The Midlands Engine Investment Fund II will operate across three tiers: smaller loans (£25k-£100k), debt (£100k-£2m) and equity (up to £5m).

The British Business Bank is responsible for administering the Nations and Regions Investment Funds on behalf of the UK government. The Bank is establishing investment funds in areas not currently served by the Bank’s existing regional funding programme before launching follow-on investment funds in existing fund areas.

For further information the website or use the email provided on the contact us page.

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Herefordshire Council

https://www.herefordshire.gov.uk/info/200145/business/340/doing_business_with_the_council

Shropshire Council

http://new.shropshire.gov.uk/doing-business-with-us

Telford & Wrekin Council

http://www.telford.gov.uk/info/20185/tenders_and_procurement

Interactive Funding Tracker

The new Marches LEP Government Funding Tracker is an interactive service to help keep the region informed of latest Government funding announcements bringing together details of funding announcements from across the whole of the UK Government in a simple-to-use new service. It can be used to help both businesses and stakeholders keep right up to date about important opportunities for the region.

Contracts Finder

Allows businesses to search for information about contracts worth over £10,000 with the government and its agencies at https://www.gov.uk/contracts-finder

For general information on tendering for public sector contracts, visit https://www.gov.uk/tendering-for-public-sector-contracts/the-procurement-process

For information on how to bid for and win Government contracts, visit SMEs: A guide to working with government – GOV.UK (www.gov.uk)

CompeteFor.com is the UK’s national supply chain development service, which allows suppliers to access and respond to relevant supply chain opportunities from major buying organisations and capital infrastructure projects, visit www.competefor.com