Green Shoots firms to hear on bid successes Express Star
leaders is set to decide on the first three grants in September with more to follow over the coming months.
A panel made up of business Shoes Converse Sale
It offers grants of between 10,000 and 50,000 to businesses with fewer than 250 employees based in the Wolverhampton, Sandwell, Dudley or Walsall boroughs. The money will be made available over 18 months with expert mentoring from university staff and business leaders who can advise the applicants on how to make the most of it.
Professor Ian Oakes, deputy vice chancellor for research and enterprise at the University of Wolverhampton, said: "We are delighted with the response to the Green Shoots Fund from Black Country businesses demonstrating that in spite of the continuing challenging economic environment, there is a real appetite for investment and growth amongst small firms and hopefully signs of recovery in the economy."
who were not successful, or who missed the original bidding round, will have another chance from August 12 when applications open again. A workshop is also being planned for applicants who have made it to stage two, where they will be asked for more details about their bids.
The scheme was set up by the newspaper and the University of Wolverhampton, with money from the government's Converse Neon Green
Regional Growth Fund.
It is particularly aimed at supporting advanced manufacturing, building technologies, transport technologies including aerospace, environmental technologies and business services.
Experts and academics from the University of Wolverhampton have spent two months Converse Shoes Collection going through 163 applications for the Green Shoots Fund.
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