The Birmingham Post Growth Fund, in partnership with Bournville College, is now open again for applications.
The scheme, which is financed through the Regional Growth Fund, provides grant funding to help businesses grow and create sustainable new jobs.
Companies can bid for grants of £10,000 to £100,000. The deadline for submitting bids is 1pm on Friday 20th March 2015.
To qualify applicants must:
- Be situated in and trading from Birmingham, Solihull or Coventry.
- Employ fewer than 250 employees, have a turnover of less than the equivalent of 50 million euros per annum, and/or a balance sheet of less than 43 million euros; and
- Demonstrate an ability to ‘match fund’ £3 for every £1 of Growth Funding requested. This can be investment from the company, investment from banks or other lenders.