Business finance
There are a variety of funding schemes available to local businesses.
West Midlands Finance
West Midlands Finance helps local businesses find and access different types of funding to assist with development and growth.
Over 500 specialised grant and loan schemes can be found, some of which are supported by Advantage West Midlands.
Business Link West Midlands
Periodically, grants become available which usually accessed through Business Link West Midlands.
For more information, contact:
Phone: 0845 1131234
Website: http://www.businesslinkwm.co.uk
Write:
Business Link West Midlands
Advantage House
19 Ridgeway
Quinton Business Park
Birmingham
B32 1AL
Loans
Enterprise Finance Guarantee Scheme
The Enterprise Finance Guarantee Scheme is available from most banks, and is intended to improve working capital through term loans and the consolidation of overdrafts.
The scheme will also support lending for business growth where a good proposition would normally be declined by a bank because of a lack of security.
Eligible businesses can borrow between £1,000 and £1,000,000.
You can get further information from your bank or by contacting:
Phone: 020 72155000
Website: http://www.businesslink.gov.uk
Write:
Department for Business Innovation and Skills
1 Victoria Street
London
SW1H 0ET
Business Start up Support
Prince's Trust
The Prince's Trust offers a programme of support to younger people who wish to start their own business, and are currently unemployed. Applications can be made between ages 18 and 30. Support provided includes business training, start up funding and mentoring.
Prince's Trust
West Midlands Regional Office
Lye Business Centre
Enterprise Drive
Hayes Lane
Lye
Stourbridge
DY9 8QH
e-mail: webinfowm@princes-trust.org.uk
Website: http://www.princes-trust.org.uk
Phone: 01384 892100
Fax: 01384 989745
Lighthouse
Lighthouse offers a support for people who wish to enter the creative sector within the City through employment and self employment support. Training and business support is available for a wide range of opportunities from website design, artistic applications, media technologies and many more. .
Lighthouse
The Chubb Buildings
Fryer Street
Wolverhampton
WV1 1HT
e-mail: peter@light-house.co.uk
Website: http://www.light-house.co.uk/
Phone: 01902 716055
Access 2 Business
Access 2 Business offers a programme of support to disabled people who wish to start their own business, and are currently unemployed. A wide range of business support and training is available for residents of the City.
Access 2 Business
The Curve
Tempest Street
Wolverhampton
WV2 1UK
e-mail: josie@access2business.co.uk
Website: http://www.access2business.co.uk/
Phone: 01902 572398
Fax: 01902 714410
Contact us
If you would like to discuss how we can advise and support your business, contact us using our online form or at the points below:
e-mail: economic.development@wolverhampton.gov.uk
Phone: 01902 554033 (+44 1902 444033)
Fax: 01902 558792 (+44 1902 558792)
Minicom: 01902 555554 (+44 1902 555554)
Write to:
Economic Development
Regeneration and Environment
Wolverhampton City Council
Civic Centre, St. Peter's Square
Wolverhampton
WV1 1RP