BUSINESSES in Solihull can benefit from up to £40,000 of match-funding to help accelerate their recovery from Covid-19.
Councillor Ian Courts, the leader of Solihull Council, encouraged firms to look into the new scheme launched by the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP).
He said: “The new scheme gives businesses the opportunity to apply for match funding of up to £40,000 through embracing new business models, entering new markets or changing the way they work.
“I want to encourage businesses in Solihull to look at applying for financial support from this new £2million ‘Pivot and Prosper Grant Fund’.”
He said the scheme was designed specifically to support the key strategic sectors identified in the GBSLEP’s Local Industrial Strategy.
He added: “It’s an opportunity for organisations to ‘pivot’ to new ways of working, hopefully leading to an increase in employment opportunities, growth in productivity and more innovation across the region.
“I have also previously talked about the GBSLEP’s ‘Step Forward’ scheme, another part of the LEPs business support offer.
“It’s extremely encouraging that many businesses have been contacting the Growth Hub to ask about this.”
Visit www.yourstepforward.co.uk to apply for funding via the Pivot and Prosper Grant Fund, or to find out more about GBSLEP’s Step Forward business support schemes.
Visit www.solihullforsuccess.com/News/Coronavirus-COVID-19-Guidance-for-Businesses for other sources of support that may be available from Solihull for Success.