Enterprising Worcestershire

 

About Enterprising Worcestershire

Enterprising Worcestershire is an exciting ERDF funded programme offering support to new and early stage businesses in the region. Starting up and developing a business can be challenging, especially during the first couple of years. If you know your business has potential, or you anticipate high rate growth, our fully funded business assistance could make all the difference to your success.

Read on to find out more about Enterprising Worcestershire.

New and Early Stage Business Grants

Through the Enterprising Worcestershire programme, your start-up or early stage business can access funding of up to £1500. You could use this to invest in new equipment, have a website built or purchase software, whatever will help to develop your business in the early years. To be eligible for the grant, your business will need to be located in Worcestershire and have been trading for less than three years, mostly business to business (B2B).

Expert Advice and Support

Start-up Support

Enterprising Worcestershire’s start-up support includes;

Dedicated and experienced business advisors offering free support workshops and one-to-one support to help you get to grips with the requirements of starting and running your own business.

The Prince’s Trust Enterprise Programme – supporting unemployed young people aged between 18-30 to work out if self employment is right for them, help them test their ideas, write plans and start a business.

Summer Start-Up Bootcamp – The University of Worcester summer business start-up programme  is aimed at people within Worcestershire who are in the process of, or are interested in, setting up a business. The event is running between 18th July and 21st August 2018.

High Growth Start-Up Support

If you believe your business has the capacity to grow rapidly and you are pre-start or less than 12 months old, Enterprising Worcestershire can provide up to 24 hours of mainly one-to-one support to help you to identify and overcome any potential barriers to rapid growth and future success.

Whether it is strategic business planning, access to finance or managing rapid growth that you need advice on, our experienced High Growth Business Support Team will work with you to help your business develop. To be eligible for this high growth start up support you will need to be pre-start up, or trading for less then 12 months and be based in Worcestershire.

Post Start-Up Support

Post start businesses looking for ways to grow can take advantage of the support offered by Enterprising Worcestershire.  Eligible B2B businesses in the region can access a package of support workshops, designed specifically to help early stage businesses progress.  

Topics include financial planning, sales and marketing with follow up support also provided on a one-to-one basis. To be eligible for this post start-up support your business will need to be based in Worcestershire, operating on a B2B basis and have been trading for less than 36 months.

Is your business eligible?

There are some exceptions, but generally, your business will need to be:

Based in and trading from Worcestershire

 

With fewer than 250 employees

 

Turnover less than the equivalent of 50 million Euros per annum or a balance sheet of less than 43 million Euros

 

Contact our team to find out more

More Information:

START-UP SUPPORT

Enterprising Worcestershire’s dedicated and experienced business advisors from Blue Orchid will deliver a minimum of 12 hrs free support workshops and 1-2-1 to help you get to grips with the requirements of starting and running your own business.

  • Exploring your business idea
  • Business Planning
  • Market research
  • Promotion and selling
  • Social media
  • Managing costs
  • Cash flow
  • Access to finance

The Prince’s Trust Enterprise Programme aims to support unemployed young people aged between 18-30 to work out if self employment is right for them. To find out more- http://www.business-central.co.uk/princes-trust-enterprise-programme/  They provide:

  • Training to give a taste of what they need to know and do to start their own business
  • 1-2-1 support to help explore and test their idea and turn it into a business plan
  • Opportunity to apply for low interest finance of £500 to £7,500 to help start their business
  • Mentoring to help them develop their business or access other opportunities in education, training, work or volunteering.

The University of Worcester Summer business start-up programme (Principium) is aimed at people within Worcestershire who are in the process of, or are interested in setting up a business. Participants are supported over a ten week period to start their business with a range of support, including a mentor, tailored to ensure they have the skills and knowledge to take advantage of the opportunities. This event is running between 18th July and 21st August 2018. To find out more- http://www.business-central.co.uk/summer-start-boot-camp/

Places must be booked in advance. Please contact the Worcestershire Business Central team today to book your place on 01905 677 888.

EARLY STAGE BUSINESS SUPPORT

Enterprising Worcestershire’s expert delivery teams from Baldwins Holdings and Blue Orchid are delivering a rolling package of support workshops. These workshops will cover a range of topics pertinent to early stage enterprises in a number of locations throughout the county with some additional 1-2-1 follow up support. Example topic areas:

  • Introduction to Social Media
  • Buying a Franchise
  • Strategic Marketing
  • Intellectual Property
  • Creativity & Innovation
  • Accessing Finance
  • Book Keeping
  • Legal Essentials
  • Commercial Property Law
  • HR & Employment Law
HIGH GROWTH START-UP SUPPORT

Thinking of starting or have recently started a business in Worcestershire with rapid growth potential? Enterprising Worcestershire’s dedicated High Growth Business Support Team from Baldwins Holdings Limited will deliver a minimum of 24hrs support predominantly on a 1-2-1 basis, with some workshop support, to help you identify and overcome any key early stage barriers and to develop a solid foundation for your high growth enterprise. Example areas of support:

  • From concept to startup
  • Managing rapid growth
  • Accessing finance & investment
  • Financial management & planning
  • Strategic business planning
  • Markets & growth areas
START UP AND EARLY STAGE BUSINESS GRANT

The aim of this grant is to provide support to SMEs covering start-up, high growth start-up and post start, early development situations, which are focused on individual business growth potential.

  • Enterprises must have been trading for less than 36 months.
  • Located in Worcestershire and trading a minimum of 70% business to business.
  • Enterprises must be an SME (have fewer than 250 employees.
  • Turnover less than the equivalent of 50 million euros, a balance sheet of less than 43 million euros.
START UP AND EARLY STAGE BUSINESS GRANT CRITERIA

The Start-Up Grant programme is open to SME (see SME definition below) businesses and start-sup enterprises in Worcestershire that have been trading for less than 36 months prior to the date the application is received. The enterprise must be trading, or if start up intending to trade, 70% business to business. Eligible Expenditure:

Eligible expenditure can be defined as expenditure where the benefits last more than 12 months and can include:

  • Equipment
  • Machinery
  • Building work
  • Fixtures and fittings
  • Website construction
  • Consultancy
  • Logo design
  • Software

And other similar one-off items that help with business start-up and early development All grants are made at the discretion of Worcestershire County Council subject to availability of funding.  Grants will be limited to one per business and applications will be considered on a competitive basis. Enterprising Worcestershire is a partnership between the Worcestershire District Councils, Worcestershire County Council and is receiving up to £1,076,647 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. For more information visit gov.uk/European-growth-funding. For more information and details of how apply please contact the team on 01905 677 888 or info@business-central.co.uk

CRITERIA FOR EARLY STAGE BUSINESS SUPPORT

To qualify, your business must:

  • Enterprises must have been trading for less than 36 months.
  • Located in Worcestershire and trading a minimum of 70% business to business.
  • Enterprises must be an SME (have fewer than 250 employees.
  • Turnover less than the equivalent of 50 million euros, a balance sheet of less than 43 million euros.

Enterprising Worcestershire-

This project is receiving up to £1,076,648 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund.

Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding.

CRITERIA FOR HIGH GROWTH BUSINESS START-UP SUPPORT

To qualify, your business must:

  • Must be located in Worcestershire
  • Must be pre start enterprise or trading less than 12 months
  • Trading or intending to trade at least 70% business to business
  • Places are limited and further eligibility criteria will apply

For more information please contact the team on 01905 67888 or info@business-central.co.uk

Enterprising Worcestershire-

This project is receiving up to £1,076,648 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund.

Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding.

Case Studies

Press Releases

Enterprising Worcestershire – New Year, New Start

The start of a new year is a time during which most of us take the opportunity to reflect upon the year gone by and look forward to what we would like to achieve in the coming year. This period of reflection can also be extremely beneficial to young businesses, as you...

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Find out more about Enterprising Worcestershire

Our Open for Business programmes are here to help get you started.

Call our team today on

01905 677 888

Or E-mail our team today

Click here to make an enquiry
  • By submitting this form, you acknowledge and consent to the data in this application form being held on the shared database in accordance with the Data Protection Act 1998. By submitting this form you consent to receiving information on grants, business support and funding schemes via telephone, mail and email by partners. For further information please visit http://www.business-central.co.uk/data-statement/