Funding and support
Wychavon District Council start up support
For individuals wanting to start a business a new programme of start up support and grant funding will be launched in January 2021. It is aimed at business to consumer businesses (B2C) at the pre-start stage up to three years.
The pre- start support will comprise online workshops covering all the essentials needed to start a B2C business such as business planning and finance. This will be delivered on-line flexibly and provide support to max. 120 individuals.
A further three hours of one to one support will also be available to pre-start businesses that have completed the workshops. This will offer further support with business plans.
Post start support is also available via membership packages. These will provide ongoing post start support and access to networking opportunities.
Start-up businesses that complete the pre-start programme will be eligible to apply for a business start up grant from the Council.
Wychavon District Council business growth grant
The business growth grant scheme is aimed at businesses that have been trading for more than one year and have a project that will help them to grow. The scheme will be updated and amended in January 2021.
The following programmes are currently available:
The ‘Here2Help Businesses’ scheme will provide financial support and consultancy advice to help kickstart the local economy. The opportunities include:
- Small and medium sized enterprises (SMEs) can apply for up to £10,000 for a Graduate Development Support Grant to recruit a graduate employee for a one-year period.
- Sustain and Grow Grants up to £25,000 are also open to applicants.
- The grant will assist Worcestershire businesses affected by the COVID-19 pandemic supporting them with projects to help aid recovery and future growth.
- A limited number of larger grants will also be available for businesses across the county.
All the information about these schemes is available at the Here2Help website.
The Elevate Programme
The Elevate Programme is aimed at ambitious businesses scaling up and trading 70% business to business.
The Manufacturing Growth Programme
The Manufacturing Growth Programme supports SME manufacturing businesses to grow through an in-depth diagnostic, business advice, grants, business referrals and manufacturing themed workshops.
Small Business Support from Government in response to Covid 19
Last week’s budget announced that any small business in receipt of Small Business Rate Relief (SBBR) would benefit from a £3,000 support grant from the government. This has now been increased to £10,000 (as announced by the Chancellor on 17 March). A further grant of up to £25,000 will be available for retail, hospitality and leisure businesses with a rateable value for business rates purposes of between £15,000 and £51,000.
It is expected that these grants will be paid to eligible businesses by district councils without the need to apply or make contact. The final details are being confirmed with government and payments will be made as soon as possible.
In addition to these grants the government has announced a coronavirus business interruption loan scheme. This will be launched next week and will be operated by the British Business Bank.
Please check the COVID-19 Support for Business page on the GOV.UK website for updates.
Business opportunities - 2022 Commonwealth Games
Any potential businesses wanting to offer services or supplies to the Games must register on the Birmingham 2022 website.
Worcestershire Business Events Portal
Enterprising Worcestershire Business Events Portal is available to help you to access the free business workshops that are available across the county.
As well as start up training, workshops have been developed to focus on topic areas such as innovation and growth, sales and marketing, finance and business planning, and more!
Business News e-newsletter
The Regeneration Team produce a regular newsletter, including updates on a variety of items including the latest activity, recent news, funding opportunities, networking events, important changes and other relevant communications.