Budding entrepreneurs of Birmingham offered helping hand by new multi million pound initiative

Businesses and entrepreneurs from Birmingham are being offered essential support to grow and bring potential business ideas to life through a £4.2 million project.

The project titled Enterprise Catalyst is part of the Enterprising Communities Action Plan – an overarching regeneration strategy for Southeast Birmingham.  The project provides tailored support to individuals to help them to set up a business, new businesses to help them survive and existing businesses to help them to develop.  Whilst the emphasis is on business support, grants are available where a need for finance is identified.

This includes the popular and successful ‘Enterprize Generator’ aimed at inspiring an individual to move from the ‘ideas’ stage towards starting a business.  Eligible residents attend workshops to learn more about developing a business and then pitch their idea to a panel of ‘dragons’ who can award £250 to businesses that they believe have potential.

You can engage with the programme by attending one of our road shows details of which can be found on the website.

To be eligible for support individuals must be resident within the following wards: Aston, Bordesley Green, Hodge Hill, Ladywood, Lozells and East Handsworth, Moseley and Kings Heath, Nechells, Soho, South Yardley, Sparkbrook, Springfield and Washwood Heath.*

To find out more about the help on offer, contact Kate King on 0121 675 7580 or follow the Enterprise Catalyst link on www.birmingham.gov.uk/enterprisingcommunities

*nb: Students wishing to access support must have been resident in the priority wards prior to starting their studies.

Editor’s Notes:

Enterprising Communities is a community led area based regeneration initiative covering 9 wards in South East Birmingham.

“Enterprising communities: unlocking the potential in South East Birmingham” is not just a strap line; it is fundamental to the way in which we deliver our regeneration portfolio. As a comprehensive Area Based Regeneration Initiative, we are committed to providing a range of quality services that support:

  • Local people to develop better skills and access jobs;
  • Community and Voluntary sector organisations to become more sustainable and deliver better quality services that are needed locally;
  • Business creation and improving competitiveness;
  • Physical rejuvenation of local commercial corridors and business estates;
  • The development of ‘Vibrant Urban villages’, or neighbourhoods as great places to live, work, visit and invest.

The European Regional Development Fund (ERDF) Programme which runs from 2007 to 2013, is one of the funds established by the European Commission to help local areas stimulate their economic development.

The West Midlands European Regional Development Fund Programme has been allocated 400 million euros to invest in projects which will support local businesses and create jobs.

More information: Kate King on 0121 675 7580 or follow the Enterprise Catalyst link on www.birmingham.gov.uk/enterprisingcommunities

 

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