North Worcestershire is the natural environment for business. It’s the perfect combination of urban and rural with easy access to major routes, cities, airports and ports. Relocating to North Worcestershire ensures that your business can take advantage of:
High quality of life and part of Worcestershire’s celebrated countryside
Diverse business environment that can accommodate most business needs
High levels of entrepreneurial activity
Located in the UK’s industrial, business and manufacturing heartland; recognised as one of Europe’s best business locations
Excellent communications and transport links
Dedicated business support offer that is responsive to business needs
If you are looking for commercial premises we are able to assist with your search thanks to an extensive database of available properties. The database includes local authority and privately owned industrial, office and retail accommodation and land for employment use. For a list of available properties, tailored to meet your requirements, please contact us.
SPACE in Kidderminster provides flexible workshops based on 25 sq m modules. The accommodation is available on easy in – easy out terms with discounted rent for new businesses. Office accommodation is also available. For more information, visit the dedicated website (www.wyreforestspace.co.uk).
Redditch Business Centres – Greenlands, Rubicon and Heming Road – offer cost effective workshops and office accommodation on easy-in, easy-out terms, ideally suited to new businesses. The Centres offer a range of services including reception, secretarial and meeting rooms. For more information visit the dedicated webpage.
GRANTS & FUNDING
Business Development Programme
The Business Development Programme is available to support a broad range of small B2B businesses looking to relocate and expand.
Grants of between £10,000 and £20,000 are available to businesses in eligible sectors that have been trading for 6 months or more and are creating employment. The grant will fund up to 50% of eligible expenditure including capital equipment; relocation and expansion; and market development.
Please contact us to discuss whether your business and project are eligible and for assistance in the application process.
NB The Business Development Programme is a component of the Business Growth Programme (BGP). The BGP limits awards to one grant from any one of its four component programmes, ie you cannot apply for a grant from each programme.
Business Booster Grant
The Business Booster Grant is designed to help young businesses to make a step change in their development. The £2,500 grant is available to eligible businesses that have been trading more than 2 years, to help them to access new markets or customers and create jobs. The grant will cover up to 50% of eligible costs. For more information about eligibility and an application form, please contact us.
The Redditch & Bromsgrove Apprenticeship Grant provides a one-off payment of £1,500 to SME businesses in Redditch or Bromsgrove who employ a new apprentice who is resident in either district. The grant is paid after the apprentice has completed 3 months of their training. For full terms & conditions and an application form, please contact us.
The Wyre Forest Apprenticeship Grant provides a 35% wage subsidy (up to a maximum of £3,000) for the first year of an apprenticeship and 20% (up to a maximum of £1,500) in the second year. To be eligible the business must be an SME located in Wyre Forest employing a new apprentice who must be resident in the district. The grant will only support apprenticeships in priority vocational areas and preference will be given to Level 3 apprenticeships and above. The Wyre Forest Apprenticeship Grant is delivered in partnership with Kidderminster College. For more information please contact Beth Newton, Kidderminster College on 01562 826515 or email firstname.lastname@example.org
HOW ARE OUR PROGRAMMES FUNDED?
All of our programmes (except the Business Booster and Apprenticeship Grants) are part-financed by the West Midlands European Regional Development Fund Programme 2014 to 2020. The Department for Communities and Local Government is the managing authority for the European Regional Development Fund Programme, which is one of the funds established by the European Commission to help local areas stimulate their economic development by investing in projects which will support local businesses and create jobs.
For more information visit www.communities.gov.uk/erdf
North Worcestershire is served by 2 growth hubs – the Greater Birmingham & Solihull LEP Growth Hub and Worcestershire Business Central.
The GBS LEP Growth Hub is the home for business advice, funding and support across greater Birmingham. Services can be accessed via the website (www.gbslepgrowthhub.co.uk) or helpline. If you are looking for business finance the Access to Finance Portal (www.accesstofinancegreaterbirmingham.co.uk) is designed to simplify the process for SMEs to raise finance by providing all of the information in one place. It explains the different types of finance available to businesses, providing direct contact details for funders.
Worcestershire Business Central provides a single point of contact for all Worcestershire business support needs – whether it be for start-ups, growing businesses, developing skills, finding property, networking or finance. Worcestershire Business Central has a dedicated web presence (www.business-central.co.uk), help line and enquiry system. If you are looking for business finance Worcestershire Finance Finder (www.business-central.co.uk/funding-finder) allows you to search for business funding by type (grant, loan, equity) or purpose (eg start-up, growth, resource efficiency). Results give an overview of relevant schemes with details of value, criteria, eligibility and the application process.