Midlands Environmental Business Company Collaborating for Sustainable Profitable Business Growth Coll llabo borating ing for Sustain inable ble Profit ofitable le Bus usine iness Growt owth @_MEBC www.mebc.org.uk
Midlands Environmental Business Company Collaborating for Sustainable Profitable Business Growth Welcome Richard Baines Coll llabo borating ing for Sustain inable ble Profit ofitable le Bus usine iness Growt owth @_MEBC www.mebc.org.uk
Name: Matthew Jenkins Company Name: NatWest My skills and how I can help: www.natwest.com/business/boost • Over 10 years Banking Experience matthew.1.jenkins@natwest.com • Support a team of 13 experienced relationship managers @MattCJenkins21 • Conduit to the wider RBS Group • Work closely in the local market to LinkedIn Grp – NatWest Boost Midlands support, develop and add value to Business description: SME businesses. NatWest Bank is part of the RBS group which has a wide array of market leading customer and financial brands. NatWest provides a full portfolio of products and services that were developed with a focus on businesses, helping them achieve their ambitions and save time and money. NatWest is committed to supporting entrepreneurial communities across the UK.
Business Growth Programme MEBC/NatWest Working with HS2 Event RBS Building, Birmingham 26 th October 2017
Business Growth Programme presented by Dr Suresh Patel Business Enterprise Manager Birmingham City Council
The Business Development and Innovation Team Successfully providing innovative business solutions for growth, job creation and economic prosperity
Programme introduction • £33m programme • SME supply chain companies stimulating innovation and growth • Greater Birmingham & Solihull, The Marches, Stoke-on-Trent and Staffordshire LEP areas
Eligibility* • Have between 1-249 employees • Trading for 6 months or more • Trading solely on a business-to-business basis • Pay business rates to one of the local authorities in the programme area • Business activity is eligible *Other criteria also apply
Key components
Offer: £20k - £167k • Supply chains with investment plans delivering current growth of the company • Eligible expenditure: ➢ Capital expenditure ➢ New product development ➢ Market development ➢ Building information modelling • De minimis regulations apply
Target group • Project costs for supply chain companies preparing their business to take advantage of current growth for future HS2 business opportunities • 60% of HS2 procurement opportunities will be available to SMEs, so an HS2 Supply Chain Programme grant could be used to help prepare your business and increase your chances of success
Offer: £20k - £150k • Supply chains in, or diversifying into, the green economy Eligible expenditure: ➢ Capital expenditure ➢ New product development ➢ Market development • De minimis regulations apply
Offer: £10k - £30k • Supply chains with new innovative production processes Eligible expenditure: ➢ Capital expenditure ➢ New product development ➢ Market development • De minimis regulations apply
Offer: £10k - £20k • Expansion/Relocation/Access to markets Eligible expenditure: ➢ Capital expenditure ➢ Relocation and expansion ➢ Market development • De minimis regulations apply
Partnerships
Role of Partners • Birmingham City Council ➢ Accountable body/programme lead • The Growth Hubs ➢ Gateway/awareness/referral/diagnostics/events to the programme • Delivery Partners ➢ Awareness/engage/assistance with completing applications ➢ Investment Board/Panel ➢ Steering group
Outcomes SMEs • Increase the competitiveness of 584 SMEs • Create 1,354 new jobs Jobs • Generate £15m private sector investment Investment • Increase GVA of £100m by 2020 GVA • Savings to the Exchequer of £15m Savings
Results - Oct 16-Oct 17 SMEs • 240 SMEs approved Jobs • 163 new jobs created Jobs • 738 job opportunities created Grants • £6.64m grants awarded Investment • £9.12m private sector investment
How to access the BGP https://www.birmingham.gov.uk/bgp Hotline number 0121 464 6456 for general queries Ring Suresh Patel on 0121 303 3091 for specialist queries @ suresh.patel@birmingham.gov.uk @ERDFBGP Local Growth Hub
BGP downloads • BGP web e-leaflet • BGP 3 LEP area maps • Eligible and ineligible Business Activities (inc SIC codes) • Eligible and ineligible Project Costs • Funding Round Schedule • BGP Procurement Guidance Notes • OJEU SME Declaration • HS2, GB, BIP and BDP Application Forms • HS2, GB, BIP and BDP Guidance Notes
Questions & Answers
Property Investment Programme
Property Programme introduction Investment Programme • ERDF funded • November 2016 - September 2019 • Permanent open call • Covering the Greater Birmingham & Solihull LEP area Birmingham, Bromsgrove, Cannock Chase, East Staffordshire, Lichfield, Redditch, Solihull, Tamworth, Wyre Forest
Property Eligibility* Investment Programme • Have between 1-249 employees • Trading solely on a business-to-business basis • Pay business rates to one of the local authorities in the programme area • Exclusively land and property • Business activity is eligible *Other criteria also apply
Property Offer Investment Programme • Maximum grant of €200,000 ( approx £170,000) • Up to 40% grant contribution towards eligible capital costs • Building works, structural refurbishment/new build and fees (12%) • De minimis state aid rules apply
Property Criteria Investment Programme • EU ERDF procurement guidelines apply • Financial, due diligence and QS value for money appraisals • Appraisal and project timescales • Freehold / Leasehold • Job creation and commercial floor-space refurbishment/ new-build • Legal charge over property where grant exceeds £25,000 (5 years)
Property Outputs Investment Programme • £5,560,000 total budget • 40 SMEs assisted • 120 full-time equivalent jobs created • 20,000 sq m new/refurbished commercial floor space • Up to two claims
Property How to access PIP Investment Programme www.birmingham.gov.uk/pip 0121 464 9861 Ashfaq M. Ashraf Principal Business Officer Birmingham City Council ashfaq.ashraf@birmingham.gov.uk @
Property Investment Programme Questions & Answers
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