Growing Priorities – Sandwell Council
Growing Priorities – Sandwell Council
This grant has now expired or been withdrawn
Unfortunately, as new business grants regularly become available, and may either alter, change, or get withdrawn it’s not always possible to list current grants online. If you’re an existing business looking for a grant. Please request a call back to see if there is anything suitable available. You may also wish to refer to the FAQ section below.
Growing Priorities is a Black Country business grant being provided via Sandwell Council and targeted towards those businesses who are based within the Sandwell and Black Country locality.
The growing priorities grant currently has a minimum application level of £50k and we are currently waiting to be advised as to what the maximum value application level will be.
An Expression of Interest (EOI) is required to be submitted along with Due Diligence undertaken.
Points to note for the Growing Priorities – Sandwell Council grant
There are a number of points to note in relation to this growing priorities grant, these are provided below:-
- Business must be based in Sandwell, Wolverhampton, Dudley, Walsall
- Minimum Grant of £50,000
- The fund can be used for premises expansion, new premises, plant & machinery and infrastructure
- 25pc Grant – meaning spend of £200,000 would achieve minimum grant of £50,000
- If accepted through the EOI and Full Application stages then Due Diligence must be undertaken by the client’s accountants, at the client’s own risk (cost)
- Must have a plan to create jobs/safeguard jobs
- Can prove that the whole grant is needed for the project to proceed and that it cannot be funded from elsewhere
- Spend on the project has not already been incurred
To many, the use of the word ‘GRANTS’ may provide a false impression that it’s an easy way to get hold of some ‘free money’ as there’d be no interest and/or capital repayments plus the funds are generally non-returnable. However, the stark reality of the business grant funding world is very much different as there is as you’d expect, high demand and fierce competition, with much time and effort required. But rest assured our experience in helping businesses access business grants has resulted in a 100pc success rate after many years.
Should there are no business grants which you can apply for, there are other routes to business finance such as various forms of business loans. Whilst this might not be ideal, you may perhaps wish to speak with us to see what’s on offer and how we could potentially help.
Important to Note
Do you charge to tell me what grants might be available to me?
No, there’s no charge to simply tell you whether or not there’s a suitable grant available. If we feel there is a suitable grant, we then talk in-depth with you about what’s on offer and what’s needed to be able to apply for the grant. If everything doesn’t match we don’t pursue with any grant application(s) and there’s no charge. If everything does match, we make the application in the knowledge it will be successful.
Is it you who provides the grants?
No, grants are not provided directly by us., and therefore we have no say in anything to d with grants. We work with finance partners who have direct access to the grants and as such our duty to them and you is in ensuring that the criteria of the grant(s) are matched by the businesses applying.
How successful are you with grant applications?
Yes, our strength in grant applications is in knowing exactly what is required and expected by all parties. This has resulted in a 100% success rate of all grant applications made by us on behalf of our clients over many years.
I’m a new (start-up) business do any grants apply to me?
The business grants we’re able to access do not, unfortunately, apply to new businesses i.e. those operating for less than 12-18 months although the criteria of any given grant may in very rare cases cater for 12 months or slightly less.
What does match-funded mean?
The term match-funded is used by grant providers when there’s the expectation to be placed on the applicant to part-fund the need/requirement of the grant. As an example: if the business was seeking a £75,000 grant towards the purchase of equipment and there was a contribution requirement of 50/50. To be successful the most the grant award would be for would-be £37,500. As each grant has its differing criteria, totals and values used here are only by way of an example.
What happens if I cannot match-fund the grant I apply for?
Match-funded grants come with a stipulation as to what’s expected of the applicant to contribute i.e. 50/50, 60/40 70/30 etc. As not all businesses have the available funds to do this it’s not unheard of that they need to apply for a business loan in order to cover their element of contribution. This is something we can help with and would identify as part of the assessment of suitability for a grant application in the first instance.
I’ve ordered, started paying for what I need a grant for, is that ok?
The short answer is NO, to be successful with a grant application you must not have started or undertaken any direct purchasing or spending. An example being, if you need a grant for equipment, you can have identified the equipment you need, obtained quotes, but must not have signed an agreement to purchase, made a deposit or any other form of payment against the equipment before applying for the grant, otherwise, you’d be excluded from applying.
Need a Business Grant? Request a Call Back
If interested in knowing more about what available business grants there are and how we can help. Please provide a few brief details and we’ll get right back. Being mindful that as the criteria of business grants are strictly set, we’ve tailored the form below to try and cater for current grant availability to manage the expectation of an inquiry.