Report of Corporate Director, Economy
Details
Decision Implemented
Business Growth Programme 2 - Full Business Case
Report of Corporate Director, Economy
Cabinet : 13/11/18
13/11/2018
1. To accept an offer of European Regional Development (ERDF) grant of £8.9m to deliver to deliver a Business Growth Programme 2 (BGP2) for the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) and The Marches LEP areas and for Birmingham City Council to act as the Accountable Body for the programme on behalf of 2 LEP areas.
2. To note that the BGP2 will provide a grant assistance programme targeted at up to 285 existing Small/Medium Enterprises (SME’s), specifically supply chain businesses (especially HS2 and Commonwealth Games 2022 Suppliers) where they are purchasing new plant/ equipment, relocating to new premises, developing new products and processes, systems and marketing, especially where there are green benefits (i.e. energy efficiency). BGP2 will also target 143 new business start-ups.
28/06/18
Key Decisions
over £1m capital
Department Details
Education, Skills and Culture
This section allows you to view the reports for the forward plan item.
Forward Plan Item Report(s)