Essential Support Links
Download Your Guide To Additional Support
Start Up Loans : is government-backed and, in lending up to £2,500 to any young person wanting to start a business, we fully expect it to turbo-charge youth enterprise in the UK.
The Business Finance Partnership : (BFP) aims to increase the supply of capital through non-bank lending channels and, in the longer term, to help to diversify the sources of finance available to businesses. It will co-invest a total of £1.2bn through these channels, matched by at least equal private sector capital, to help create and support new sources of lending for small and mid-sized businesses in the UK.
Shropshire and Herefordshire Business Enterprise Fund : Business Capital Grant Scheme. Grants of £1,000 - £5,000 (capped at £1,500 for start-up and new businesses). 50% match-funded by businesses.
Investing in Bishops Castle : this project in the town centre is the redevelopment of seven unused workshops at Enterprise House. These workshops will be upgraded using a grant of £10,000, and leased out to local businesses.
Heart of England Fine Foods (HEFF) : are the West Midlands Regional Food Company set up to promote and support the industry; they are the public face of the regions food and drink cluster. They also manage the Shropshire Food Enterprise Centre on behalf of Shropshire Council.
The Shropshire Food Enterprise Centre : offers 12 production units, kitted out to meet food standards regulations, so no capital outlay is required for companies based here (other than a companys specific equipment). The centre is within a 24 acre area and the intention is to create a thriving Food and Drink Enterprise Park on the edge of Shrewsbury.
The West Midlands Regional Food Academy : is based at Harper Adams University College; it has been established to improve skills and job opportunities and offers technical support to companies within the region looking to achieve business growth
Metnet : supports small to medium sized environmental businesses, including waste and recycling companies, across Herefordshire, Worcestershire, Telford and Wrekin and Shropshire
Local Business Support Clinics : Shropshire Council hosts local business support and advice clinics for new and established businesses of Shropshire
Marches Redundant Building Grant : The Marches Redundant Building Grant lets us support existing and start-up businesses in converting or refurbishing redundant buildings throughout Herefordshire, Shropshire, and Telford and Wrekin
Grants : of up to £50,000, or 30 per cent of eligible project costs, are awarded. The minimum grant is £3,000 (with project costs of £10,000). Eligible projects can include conversions or refurbishment, including upgrading of mains services, to provide facilities for: Manufacturing, Crafts or service businesses, Office premises (not speculative developments), Retail outlets
Shropshire Council Small Business Loan Fund : As part of its commitment to supporting local enterprise, Shropshire Council has launched a loan fund to help new and existing small businesses that need finance when mainstream funding sources such as high street banks are unable to help. Through the fund, loans are being made available from £5,000 up to £50,000. Payment terms can range from six months to five years.
Rural Development Programme for England : This European fund provides support to land-based businesses, specifically the livestock, food and drink, tourism and environmental technologies sectors.
Natural England : Environmental Stewardship provides funding to farmers and other land managers who deliver effective environmental management on their land. The Energy Crops Scheme offers grants to farmers in England for the establishment of miscanthus and short rotation coppice.
J4B Grants : Information on all the latest European grants, UK Government grants and other sources of funding to help start and grow your business.
Green Grants Machine : Provides information on all the latest funding schemes to enable companies to become more environmentally friendly. This is a free service but requires registration.
Equity funding for businesses : There are a range of equity funds that look to invest in businesses with high-growth potential for a return in profits or a share in the business.
Midven : manage two West Midlands Funds, Exceed - Midlands Advantage Fund and the Early Advantage Fund.