As always, there are plenty of exciting projects, events and funding opportunities to talk about for businesses of all sizes in Worcestershire.
It was great to see the launch of the new Midlands Engine Investment Fund after the British Business Bank announced a new £120million debt finance fund, as part of its wider £250million programme. I am sure that this fund will help to support many of Worcestershire’s fast-growing businesses and organisations that are looking to expand into new markets, create additional jobs and boost productivity. Local companies will also have access to Worcestershire County Council’s newly launched Revolving Investment Fund. The capital investment programme will support, enhance and deliver economic opportunities within Worcestershire, by providing investments between £500,000 to £2.5m and I would urge all interested businesses to find out more on these funds.
I was delighted to hear that Worcestershire Business Central have announced their inaugural Annual Conference. This will be a fantastic event for providing invaluable information to all businesses on the support and funding that is available to them and how they can overcome barriers to growth. There are many other popular business events that are returning in the next month and I would encourage all businesses to consider attending the Malvern Festival of Innovation, taking an exhibition stand at the Worcestershire Apprenticeship Show and making the most of the fantastic networking opportunities of the Herefordshire & Worcestershire Chamber of Commerce Expo.
We are continuing to work hard on making Worcestershire a location that people want to invest in and we have recently launched our new ‘Soft Landing Offer’, with a range of free and discounted services available to those who are looking to invest in Worcestershire. There are also many European funding opportunities available to companies in the county and I would like to remind businesses of the European Union funding workshops that we are running alongside our partners.
Finally, my congratulations go to the Herefordshire & Worcestershire Chamber of Commerce who have been shortlisted as finalists at the World Chamber Competition for their work with the Worcestershire Works Well scheme and we wish them the best of luck at the awards ceremony in Sydney, Australia.