Agenda Item 09.30-10.00 Registration and tea/coffee. Networking 10.00-10.15 Update for the Business Gateway. The story so far.. 10.15-10.20 Meet the Gateway Business Advisors 10.20-10.30 Purpose of the provider network meetings Why have we organised this meeting? What do you want to get from attending? 10.30-11.15 Featured Service + Provider Elevator Pitches 11.15-11.30 BizGateway Business Support Providers Portal 11.30-11.45 Closing Remarks and Future Meetings 11.45 12.00 Networking
Vision Single point for business, providers and stakeholders to go to, to connect, coordinate and collaborate; so that business support is easily accessible to all those wanting help to thrive and grow.
Key Achievements 2015/16 Handled over 1340 business enquiries, supporting them to access business support. Received 36,609 visits to the Gateway website; 39% return rate. List 60+ support products Launched a monthly newsletter disseminated to 10,000+ businesses. Received a 91% positive response to the question how likely would you be to recommend this service to a friend/colleague Secured 1.16m of investment for the continued development and delivery of the Growth Hub until 2018.
Gateway Support 0116 366 8487 llepbizgateway.co.uk Business Advisors Events Marketing
Meet the Business Gateway Advisors Victoria Patel Joanne Maltby
Purpose of these Meetings Why? What? Any other ideas?
Overview
Objectives of the Programme Create new jobs within the textiles sector in the UK Safeguard existing jobs within the textiles sector in the UK Create private sector leverage within the textiles sector in the UK. To create 4,500 of private investment for every 1000 of grant awarded. Bring textiles manufacturing back into the UK and prime a sustainable and irreversible revival in the textiles sector in the UK Bridge the gap between global retailers, domestic micro businesses and SMEs to strengthen local supply chains and promote sustainable growth Focus on the target areas of Greater Manchester, Lancashire, West Yorkshire, Leicestershire, Nottinghamshire & Derbyshire
Available Funding Grants are awarded as a last resort. Alternative options must have been considered All grants need to comply with EU state aid legislation which sets out how much grant can be awarded towards total eligible costs for different activities dependent upon company size and location State aid vehicles used are De Minimis or GBER. Where De Minimis funding is used, similar levels of investment intensity as used in GBER may be applied Grants can cover eligible items within the following categories: Capital Expenditure (working capital is not eligible) Skills & Training Expenditure Research & Development Expenditure Maximum grant is 1m
Who is eligible? Large, medium, small and micro businesses within the textiles sector, defined as textiles manufacturers and their suppliers Focussing on businesses located in Greater Manchester, Lancashire, West Yorkshire, Leicestershire, Nottinghamshire, and Derbyshire Grants to businesses with eligible projects outside these key areas where the case can be made Projects with eligible activities as defined in our documentation Projects with a proven case for grant i.e. the project could not go ahead without public funding
What makes a project eligible? Projects must either create or safeguard jobs Projects must create private sector leverage. The Programme must achieve an overall public to private leverage ratio of 1 to 4.5 Projects must comply with European state aid legislation. If a project has already received state aid it cannot be funded twice Projects must be able to achieve full completion, with all project expenditure completed by May 2017 All jobs must be created within 2 years of the project completion date or by March 2019 Applicants will need to demonstrate that the project would not happen without grant support Jobs created must be sustained for at least 3 years and safeguarded jobs sustained for 12 months. For GBER funded projects new jobs must be sustained for 3 to 5 years depending on business size
Other factors to consider How does the project benefit the national textiles sector and its supply chain Creation of apprenticeships is encouraged Does the project offer good value for money i.e. how many jobs are created/safeguarded for the amount of grant offered Does the project involve Innovation and new technologies which benefit the UK textiles sector Does the project include recycling and greener practices
The Application Process To complete your application for funding you will be required to provide the following as a minimum: A completed application form A business growth plan Your latest accounts Evidence to support your application such as letters of support from suppliers or customers, quotes for planned purchases, and any other supporting evidence requested by your advisor or the Textiles Board members Textiles Programme Specialist Advisors and consultants will be available to assist during the application phase
Next Steps If you think you have an eligible project for funding, send details of your company and project to info@businessgrowthhub.com To find out more about the Business Growth Hub and the other services they provide, please visit www.businessgrowthhub.com The Business Growth hub is part of the Manchester Growth Company, trading as Economic Solutions. To find out more about our company and the services available, please visit www.manchester-solutions.co.uk
LCB Business Growth Team Business Development and Growth Offer Start-up and Early-start Businesses (under 12 months) 6 months free hot-desking (application only) 1-2-1 Business Coaching Bite-sized Tailored Workshops (3hrs) Networking Events Established SMEs (over 12 months) 1-2-1 Business Coaching Bite-sized Tailored Workshops (3 hrs) Pathfinder Review Leadership and Management Development Staff Performance Development Networking Events
Russ Pacey T: 0116 2422903 E: russ.pacey@lcbdepot.co.uk LCB Business Growth Team Contact Details Matt Bateman T: 0116 2422955 E: matt.bateman@lcbdepot.co.uk For more information visit http://www.lcbdepot.co.uk/growth
North Warwickshire and Hinckley and Bosworth LEADER Programme Micro and small enterprises within the LEADER area Grants of 4,000-25,000 Capital costs 40% of project costs Open October 2017 Funding for projects which will boost the rural economy and create jobs
Contact LEADER Programme Team North Warwickshire Borough Council, The Council House, South Street, Atherstone, Warwickshire, CV9 1DE Tel: 01827 719 356 Leaderproject@NorthWarks.gov.uk www.facebook.com/nwhbleader www.englandsruralheart.org
INVEST TO GROW SUMMARY An East Midlands-wide scheme Primarily aimed at SMEs and LEP priority sectors Focus on growth, innovation and creation of sustainable jobs Combination of loan & grant funding available Businesses have to contribute the remainder of the project costs typically in excess of 70% Minimum award size 15k, maximum award size 1m Grant-to-job creation ratio must be 10k or better Projects to be substantially delivered by 31 st March 2017 Research Innovation and Academic Enterprise
INVEST TO GROW CONTACT DETAILS Nic Thompson Senior Project Manager T: 01332 592420 E: n.thompson@derby.ac.uk W: www.derby.ac.uk/investtogrow T: 01332 597907 E: investtogrow@derby.ac.uk Research Innovation and Academic Enterprise
Close Brothers Regional Growth Fund Asset Purchase Scheme Angus Wilson 21/06/16
Regional Growth Fund Details and Eligibility What is it? A 3.2bn fund which awards grants to small and medium sized businesses with the aim of supporting private sector investment, creating economic growth and sustainable employment across the UK (with the exclusion of London and limited in the South-East) The Close Brothers Regional Growth Fund (RGF) Asset Purchase Scheme was created in 2011 to enable qualifying businesses to receive a grant towards a deposit on new business assets, dependent on the size of the business and number of jobs being created/safeguarded. Is your business eligible? Are you planning to purchase an asset, but are unable to finance the necessary deposit? Are you unsure whether you can afford the full monthly payment on the asset? Is your business an SME, with fewer than 250 employees and a turnover of under 35 Million? Do you plan to create additional, or safeguard existing, jobs through the proposed investment? What are the Key Features? 12 months after the loan begins, a job must be created and formally confirmed by your company auditors, to ensure the commitment is being fulfilled One full-time, or two part-time jobs must be created for every 10,000 of grant. The minimum spend for an asset is 25,000. More information can be found on our website: www.closeassetfinance.co.uk/regional-growth-fund Research Innovation and Academic Enterprise
Contacts For Further Information, Please contact: Angus Wilson Tel: 07734 784 679 angus.wilson@closebrothers.com Research Innovation and Academic Enterprise
What is Small Loans For Business? Small Loans For Business provides loans to both existing entrepreneurs and people thinking of starting a business. How can the loan help individuals? To start a viable business To expand an existing business To bridge a shortfall in overall funding needs To create and develop a social enterprise or community focused business Contact Details: http://www.first-enterprise.co.uk Sukhveer Chirrimar schirrimar@first-enterprise.co.uk Landline: 01159423772 Mobile: 07880557266
What is the loan criteria for existing businesses? Minimum amount: 3,000 Maximum amount: 50,000 unsecured. Repayment period between: 1 5 years. Applicant s contribution: Minimum 25% of total amount needed. Unsecured 12.5% plus 2% set up fee What is the loan criteria for Start-ups? Contact Details: http://www.first-enterprise.co.uk Sukhveer Chirrimar schirrimar@first-enterprise.co.uk Landline: 01159423772 Mobile: 07880557266 Minimum amount 500. Maximum amount 25,000. Repayment period between: 1 5 years Applicants get the support of a mentor for 12 months. Start-up Loans 6% APR
Support from LU Space Incubator One of 6 new Incubators working in partnership with UK Space Agency For Space/Space-enabled businesses, e.g. using satellite data Support for start-up companies and Small, Medium Sized Enterprises (SMEs) new to the space sector. The companies supported will become part of our Space Cluster. A business review, including market assessment and business diagnostic Signposting and introductions to appropriate sources of support and expertise Support to access local and national networks Plus Space in the ATIC Affordable accommodation or virtual tenancy
Contact Details The project is being run by The inet@loughborough University (formerly Transport inet) Webpages are under development: http://www.lusep.co.uk/ (LU Science & Enterprise Park) www.the-inet.org.uk In the meantime: http://www.transport-inet.org.uk/ or follow @Transport_iNET For more information: Pauline Graham, Innovation Advisor p.graham@lboro.ac.uk Telephone: 01509 635260 Mobile: 07814 448636
De Montfort University Business Support Opportunities Recruitment - advertise vacancies and send targeted emails to drive applications On-campus activities workshops, presentations, Careers Fair, interviews Graduate Champions Scheme - Funded graduate internships Insight Days visits to employers Knowledge Transfer Partnerships - academic and research expertise Unitemps - Supply of temp staff Placement students help to source sandwich-year placement students We want to know what your needs are?
e: employerliaison@dmu.ac.uk t: 0116 250 6469 w: www.dmu.ac.uk/businessservices
Graduate Gateways 2016/17 Recruit a 2016 graduate to a permanent or fixed term (3-12 months) position to help grow your business Benefits Support resourcing challenges, test drive talent, low risk, promote your brand Receive financial support to contribute to the costs of recruiting a graduate up to 1500* Access support from the University of Leicester including free advertising, expert advice on graduate recruitment and role development, and support with screening *Available to UK based SME s with 250 employees or less and less than 50 million turnover. Interns can enrich your business by bringing a fresh approach, a valuable set of skills learned throughout their degrees, as well as enthusiasm and proactivity. Keri Williams, Williams Commerce www.le.ac.uk/careers
Find out more: www.le.ac.uk/employers Contact: internships@le.ac.uk Elizabeth Cornish, Internships Manager Elizabeth.cornish@Leicester.ac.uk 0116 252 5018 www.le.ac.uk/careers
UK Trade & Investment East Midlands 20+ Advisers Digital Adviser Researcher Language & Culture Sector specialists UKEF Adviser Workshops Market Visits UKTI HELP EXPORTERS info@uktiem.co.uk www.exportingisgreat.com 0345 0534001
enterprise europe network 3000 600+ LOCAL EXPERTS LOCATIONS 60+ COUNTRIES WORLDWIDE een.ec.europa.eu
Helping ambitious SMEs innovate and grow internationally INTERNATIONAL PARTNERSHIPS ADVISORY SUPPORT INNOVATION SUPPORT Partnership database Advice on EU laws and standards Access to finance and funding Brokerage events Market intelligence Innovation Management Services Company missions IPR expertise Technology transfer een.ec.europa.eu
Contact us: t: 0115 957 8252 e: eeninfo@emc-dnl.co.uk w: enterprise-europe.co.uk emc-dnl.co.uk @EEN_Midlands een.ec.europa.eu
The Manufacturing Growth Programme (MGP) & The Accelerated Growth Programme (AGP) Providing advice and co-funded grant support to aspirational SMEs to help them: Identify opportunities and create plans for improvement and growth Work with the best external experts to implement those plans Cover up to 35% of the cost of implementing the plans through a growth/improvement grant Connect to wider support to maximise opportunities for growth Eligibility who can benefit Fewer than 250 employees A turnover less than or equal to 50 million OR A balance sheet total less than or equal to 43 million A manufacturer (MGP only) Able to demonstrate the intention to grow/improve through: increased turnover, increased jobs and/or introduction of new products/services/processes Have an operating address within one of the supported LEP areas
How to make referrals/discuss collaboration with the MGP/AGP If you have SME client who could benefit, get in contact with your local team - details below - and let us help you help your clients. Contact: James Bosworth - Business Advisor tel: 07920 563811 email: james.bosworth@peraconsulting.com
Digital Business Growth Programme The East Midlands Chamber in partnership with : Leicestershire County Council Leicester City Council Will support business in the effective use of digital technology solutions Main services delivered: 240 fully funded action planning workshops 48 awareness raising events one to one consultancy digital conferences & Expo Technology grant scheme.
Digital Business Growth Programme Delivered by the Chambers ebusiness Club Eligibility : Small to medium enterprises (SME s) Pay their business rates to one of the local authority listed on www.ebusinessclub.biz Targets: Work with at least 682 businesses providing a minimum of 12 hours support Work with a minimum of 39 business start-ups Enable 512 businesses to introduce new processes or products Encourage the wider adoption of superfast broadband technologies
Business Support Regional Growth Fund Start and Grow Pending ERDF contract Starting in Business Business Assist Grant for Enterprise
Contact www.nbv.co.uk 0844 887 2568 enquiries@nbv.co.uk https://twitter.com/nbvtweets
Green BELLE Leicester city and Leicestershire Energy efficiency support and grants to SMEs Maximum 10,000 grant 50% match funding Innovative low carbon measures or Holistic measures to improve energy efficiency September 2016 proposed start date
Leicester Energy Agency Green BELLE energygrant@leicester.gov.uk 0116 454 2284 www.energyagency.co.uk
The Prince s Trust Enterprise Programme We work with 18 to 30-year-olds to turn big ideas into a business reality through our Enterprise programme. From training and mentoring support to funding and resources, we help young people every step of the way.
The Stages of the Enterprise Programme Information Session Kicking off with a free information session designed to tell young people about the programme and how we can support them with their business idea Explore Enterprise Free 4 day course to help young people explore self-employment Business Planning 1-to-1 planning meetings After the course, we will support young people to plan and test their ideas and give you them the opportunity to apply for funding Business Launch When they are ready, young people pitch their idea to our Business Launch Group and can access loan and grant funding to pay for start-up costs Ongoing Support Once a young person has launched their business, we'll provide them wih an experienced business mentor who will be on hand to share advice every step of the way - for up to two years.
Contact details Rebecca Bull, Programme Manager The Prince s Trust, Unit 6, Faraday Court, Conduit Street, Leicester, LE2 0JN rebecca.bull@princes-trust.org.uk 0116 2550400
BizGateway Business Support Providers Portal
Once logged in to the system you will be able to: Search for a business / contact Add a business / contact Request further information Make a shortlist of businesses
Example of information that is available
Receiving referrals from the Business Gateway Receive a referral into the nominated email inbox Respond to email to acknowledge the referral Click on the link within the email which will take you to the portal log-in page Read enquiry notes & contact business / client Update referral grid
Closing Remarks Leicester Business Festival 24 October - 4 November 2016 www.leicesterbusinessfestival.com
Closing Remarks Business Gateway Live at LBE2016 Thursday 27 October 2016 Part of the LBF fortnight
Closing Remarks Date of next meeting Tuesday 20 September 2016?
Web: www.llepbizgateway.co.uk E-mail: bizgateway@llep.org.uk Phone: 0116 366 8487 (9am till 5pm) Twitter: @LLEPBizGateway LinkedIn Group: LLEP Business Gateway