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Sector Related Funding

Manufacturing

Sector Related Funding

Advanced Manufacturing Supply Chain Initiative (AMSCI) WMLCR

The aim of AMSCI is to increase the growth of the manufacturing sector. The fund will adopt a flexible approach to funding (loans and grants) focusing on the provision of funding towards the purchase of capital equipment and funding working capital requirements as well as funding the complementary requirement of R & D and skills development.

  • Research & Development

  • Capital Investment

  • Skills & Training

Contact AMSCI Helpdesk: 0121 2334927 or visit their website.

Rail Support Growth Fund – Finance Birmingham

Access to affordable finance to increase the capability, competiveness and productivity of businesses either currently operating in the rail supply sector or for businesses aiming to enter it through crossover products and services.

The Fund provides an innovative and flexible loan facility to enable applicant companies to grasp opportunities for growth by enabling them to significantly increase their productivity, capability and competiveness being better able to tackle the demands of the future that would otherwise not be achievable.

Minimum loan £0.5m – maximum £2m.

For further information click here

Building Information Modelling (BIM) for manufacturers

BIM, involves building a 3D design (or prototype) of your product which provides intelligent information about its design and features, its performance and anything else of use to those involved in designing, building and operating the asset.

The Business Growth Service are on hand to advise and support if you’re interested in finding out more about how BIM could help grow your business. 

And for eligible SMEs, you may be able to access match-funding to help towards the cost of external consultancy or training to get you started.

To find out more, contact The Business Growth Service on 0300 303 0034 or email advice@mymas.org

Further information about BIM, can be found at the following:

Innovation

Innovate UK – The Technology Strategy Board

Innovate UK manages funding competition programmes for innovation across a range of areas. In addition, funding for Research, Development and Demonstration projects ranges from small proof-of-concept grants and feasibility studies through to large multi-partner collaborative R&D and demonstration projects.

The businesses supported range from pre start-up, start-up and early stage micro businesses, to large multi-nationals

For further information on Innovate UK click here

R & D Tax Credits

Research and Development (R&D) Relief is a Corporation Tax relief that may reduce your company or organisation's tax bill.

For further information on R & D Credits click here

Social Enterprise

Social Business Investment

The Social Investment Business exists to raise and connect capital to achieve the maximum possible social impact in the UK. They work to provide simple finance for charities and social enterprises in the form of loans, grants and other investment products.

For further information click here

Big Potential

Big Potential, a BIG Lottery Fund grant fund, will deliver approximately £20m of grant funding over 3 years to eligible VCSE organisations with the aim of improving the sustainability, capacity and scale of VCSE organisations in order that they may deliver greater social impact. The fund will offer support and grants to help VCSEs explore if social investment is appropriate for their organisation.

For further information click here

Construction

The Built Environment Loan Fund

Businesses operating in the Built Environment sector in the Black Country have been offered a new opportunity to secure funding. Black Country Reinvestment Society (BCRS) Business Loans in conjunction with Black Country Constructing Excellence Club (BCCEC) have established a new funding stream -The Built Environment Loan Fund- for businesses needing access to finance.

Loans up to £100,000 will be made available to viable businesses already turned down by mainstream lenders such as banks.

For further information click here or call 0845 313 8410

Construction Industry Training Board Grants Scheme

The Construction Industry Training Board (CITB) offers grants to employers to support a wide range of training and qualifications, from apprenticeships to management and supervisory qualifications.

For further information on CITB click here

Creative England and Creative Europe

Various grants (and loans) are available to finance growth in film businesses for feature film/documentary production, computer games, animation and FX in the West Midlands.

To access Creative England click here

To access Creative Europe click here

Funding for retail businesses

Public funding for retail businesses:

Generally support to specific retail businesses (including capital development) can be viewed as causing displacement (potentially unfair competition) and is therefore normally ineligible for European-funding support. It may be possible for European funding to support retailers in acquiring advice on e.g. improving their performance in environmental sustainability or equal opportunities or in respect of an operation which provides generic business advice support but examples like this are considered on a case by case basis. More on European funding can be found here.

For further information on Support for Retail businesses click here

Dudley MBC Federation of Small Businesses Black Country Chamber of Commerce Black Country Local Enterprise Project