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Coventry & Warwickshire Business Support
Published on 29 March 2018
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United Kingdom
Bedfordshire and Hertfordshire
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
Under the ERDF investment priority 2 of priority axis 3: 3d - Supporting the capacity of SMEs to grow in regional, national and international markets and to engage in innovation processes, Cohesive support package to address barriers to SMEs starting up & growing to become export ready which include the following:
-Non-financial support for Start-ups, existing SMEs through one to one and seminars
-Capital Grants between £1000-£3000
The capital investments are to help deliver new international contracts and referrals are made to SME International Growth project delivered by local Chambers of Commerce:
-Awareness raising on exports
-Market visits and exhibitions
-Grants to address financial barriers
-Project specifically supporting exports
-Builds on longstanding regional project
-Non-financial support for Start-ups, existing SMEs through one to one and seminars
-Capital Grants between £1000-£3000
The capital investments are to help deliver new international contracts and referrals are made to SME International Growth project delivered by local Chambers of Commerce:
-Awareness raising on exports
-Market visits and exhibitions
-Grants to address financial barriers
-Project specifically supporting exports
-Builds on longstanding regional project
Resources needed
The programme was funded by:-
£4.66m ERDF (Priority 3)
£13.8M Total investment (public and private sector match funds)
The support is delivered through chambers of commerce with the international trade advisors (ITA), costing £50k/year.
£4.66m ERDF (Priority 3)
£13.8M Total investment (public and private sector match funds)
The support is delivered through chambers of commerce with the international trade advisors (ITA), costing £50k/year.
Evidence of success
Builds on Enterprise & Business Growth programme from the last ERDF programme and it achieved so far:
- 609 SMEs assisted
- 192 businesses created
- 1,109 jobs created
- 609 SMEs assisted
- 192 businesses created
- 1,109 jobs created
Potential for learning or transfer
The model involves a large scale partnership and it is essential to make sure that SMEs are cross-referred between agencies. Cooperation between different agencies and organisations is paramount for this programme to be successfully implemented within a region. The ITAs are delivering the support through the regional Chambers of commerce and need to be signed posted by others.
Further information
Website
Good practice owner
Organisation
Coventry City Council
![Country flag flag](/themes/custom/interreg/images/flags/uk.png)
United Kingdom
Bedfordshire and Hertfordshire
Contact
Businessdeliverymanager