Business Development Programme
Shortcut to this page: www.birmingham.gov.uk/bdp
The £8m Business Development Programme was launched to support existing small to medium sized enterprises (SMEs) across the Greater Birmingham & Solihull Local Enterprise Partnership (GBSLEP) area.ie Birmingham, Cannock, East Staffordshire, Lichfield, North Worcestershire (Bromsgrove, Redditch, Wyre Forest), Solihull and Tamworth.
The Programme has been designed to help more than 400 qualifying existing small and medium-sized businesses to implement their growth and expansion plans. It has received £3.9m from the European Regional Development Fund (ERDF) and is available to businesses throughout the GBSLEP area
Financial Assistance Scheme
The programme provides financial assistance to eligible companies by way of a grant of between £10,000 and £15,000 against minimum project costs of £22,900. The grant award is available for 43.5 per cent of eligible project costs, subject to satisfying criteria and approval. It aims to create more than 200 new jobs and safeguard more than 200 others.
Coaching and Mentoring Programme
As well as the financial assistance scheme, an intensive coaching and mentoring scheme for businesses is available called great200leaders. It offers a development plan of 100 hours of leadership development. It is delivered in peer group workshops, each headed by an inspirational expert speaker. Each participant receives £4,000 of funding towards the cost. This programme is aimed at 200 ambitious business owners and directors to deliver personal performance and business growth. It aims to create 200 new jobs and safeguard 200 others.
Great 200 Leaders Video Case Studies
Liz Smith, Managing Director of LG Davies tells us how great200leaders has developed herself as a leader and helped her to mentor the team at LG Davies. Before great200leaders, Liz didn’t think that social media would improve their market place – but now with the help of coaches and one-to-one sessions, she can see the benefit and has integrated a strategy to ensure that LG Davies have their plans in place to stay ahead of the game. Watch the video
See how Polar explorer Mark Wood looked at parallels between survival in the wilderness and running a company at a recent great 200leaders event presenting to over 30 businesses on the great 200leaders programme - These businesses received up to 100 hours of support helping them grow and create jobs. Watch the video
The programme runs until June 2015.
Find out if your business is eligible for support by looking at the criteria in the document below or contact your GBSLEP area representative, details of which are provided in the leaflet above.
The project is funded by Birmingham City Council and the European Regional Development Fund.
For the latest news on the programme, tips and advice on applying for BDP, advance notice of events in your local area and case studies of businesses which have benefited from BDP, see our latest e-newsletter.
If you would like to see first-hand how SMEs across the GBSLEP area have used the BDP funding to deliver successful projects, then why not visit the BDP case studies page
Not for you?
If you decide that the Business Development Programme is not what you are looking for, we have a number of other grant funding programmes which you may be interested in, namely the Business Innovation Programme and the Green Bridge Programme
Last Updated : 3rd September 2014