Worcestershire Business Accelerator

About Worcestershire Business Accelerator

Do you believe your business is dynamic enough to reach new heights? Are you motivated to grow your company and create new jobs? If so, your business could be eligible to participate in our ERDF funded Worcestershire Business Accelerator. This highly popular programme provides grant funding and business advice to eligible businesses in the region that have been trading for 24 months or more.

How can this programme help your business?

Worcestershire Business Accelerator is suitable for established businesses that want to get stronger and require short term grant based support with sustainable growth in mind. Through Worcestershire Business Accelerator we can also connect you and your business to a wide range of support and opportunities to help grow your business in a short space of time.

This programme is provided by BizSmart. Follow the link below to find out more:

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:
GRANTS
The WBA grant programme is now fully subscribed. We will update this information if further funding becomes available.

If they are eligible, businesses will have the opportunity to apply for grants to support their business growth plans. They are able to apply for grants of £5,000-£20,000 to support business growth plans. Grants will be awarded on a competitive basis and businesses receiving over £10,000 in grant funding must have growth plans that include the employment of at least two FTE employees.

CRITERIA
To be eligible for the programme, businesses must:

  • Be located in Worcestershire
  • Be trading for 24 months or more
  • Have short term aspirations that will enable them to grow the business and create at least one new FTE job
  • Be scalable and have the potential and motivation to grow
  • Be an SME as defined by HMRC and meet the De Minimis State Aid Criteria
  • Be trading “Business to Business” rather than Business to Consumer”

For more information and details of how apply please contact the team on 01905 677 888 or info@business-central.co.uk

Worcestershire Business Accelerator-

This project is receiving up to £604,005 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

How Worcestershire Business Accelerator can propel your business

Worcestershire Business Accelerator is a short-term programme, offering support to enable established businesses to reach new heights. If they can demonstrate rapid growth potential, the combination of grant funding, advice and mentoring can be instrumental in helping...

read more

Press Releases

Worcestershire Business Central Case Study – Ultimate Wraps

Ultimate Wraps, based in Kidderminster, are a vinyl wrapping business specialising in motorsport and fleet vehicles. The business first met with Worcestershire Business Central in 2015, as they looked for support to kick-start the business. On attending an...

read more

How Worcestershire Business Accelerator can propel your business

Worcestershire Business Accelerator is a short-term programme, offering support to enable established businesses to reach new heights. If they can demonstrate rapid growth potential, the combination of grant funding, advice and mentoring can be instrumental in helping...

read more

Find out more about Worcestershire Business Accelerator

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

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