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Coventry & Warwickshire Business Support
Published on 29 March 2018
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
You can contact the good practice owner below for more detailed information.
Organisation
Coventry City Council
United Kingdom
Bedfordshire and Hertfordshire
Contact
Businessdeliverymanager