Business Support Programme

This project aims to help Coventry and Warwickshire SMEs by providing an integrated and flexible support service to businesses with less than 250 employees. The services consist of one-to-one and one-to-many support activities, and are targeted at new start-ups and established businesses with growth potential.

Business Support Programme

This project aims to help Coventry and Warwickshire SMEs by providing an integrated and flexible support service to businesses with less than 250 employees. The services consist of one-to-one and one-to-many support activities, and are targeted at new start-ups and established businesses with growth potential.

Category: Business Support
Funding: European Regional Development Fund: £6.3m

The programme will support the development of sustainable new businesses across Coventry & Warwickshire, which will contribute to increasing business start-up rates across the sub-region and will address barriers to growth faced by existing SMEs in the sub-region through the provision of business and finance support .

As a result of the intervention, and increased business growth, the programme will create new employment opportunities for Coventry & Warwickshire residents through the creation of new jobs.

By December 2018, the project will:

  • Support  development of 572 new sustainable businesses;
  • Support 1085 existing SMEs to grow or modernise their business;
  • Support the generation of around £70m in additional GVA in local SMEs by 31/12/2021.
  • Create 903 new jobs
  • Provide £1.7m in grant funding, matched by £7.1m of private investment