As a business looking to create jobs in the Black Country, we want to give you the best possible chance of being successful in your application for a Green Shoots Plus grant.
Here are our top tips for making your application count.
- Make sure your business is eligible - You must be a sole trader, partnership, or limited company delivering a capital project, and creating or safeguarding jobs in Wolverhampton, Walsall, Sandwell, Dudley, Shropshire, Telford Wrekin, Stafford or South Staffordshire and Herefordshire.
- Think about the information in your Expression of Interest - the main point of this project is to create or safeguard jobs in the areas stated so make sure you're emphasising how many you're looking to create/safeguard and how you will achieve this.
- Be realistic about your funding request - the amount of funding you're asking for needs to be proportional to the amount of jobs you're creating or safeguarding in the Black Country. If you're asking for a lot of investment, we'll expect a lot of jobs in return.
- Be realistic about the number of safeguarded jobs – You must be able to confirm that the amount of jobs that you propose are being safeguarded will be lost within 12 months if the project doesn’t proceed (100% safeguarding is not acceptable).
- Make sure you've considered all of the options for funding - Please indicate that you've considered other funding options such as your own resources or commercial lenders even if the funding isn't confirmed. We require a letter declining funding from your bank.
- Make sure your figures are accurate - your application will be assessed based on the figures you provide, so make sure they're accurate. Get support from finance professionals if possible.
- Do your research - show the investors that you know the need and demand for your product or service and can evidence it.
- Obtain robust project costs – make sure that you can demonstrate your estimated additional costs relating to the increased volume of your output/sales, as a result of carrying out the project.
Click here to register your interest
For enquiries call 01902 321272 or email [email protected]