1. Black Country Transformational GOLD Growth Opportunities: Local Delivery (BCTGOLD) Jay Patel City of Wolverhampton Council

2. Growth Hubs
Promoting, co-ordinating and delivering access to business support services locally
A single point of access for enquiries leading to a wide range of business support and expertise
Integration of national and local business support
Available to start up, small and established businesses
Partnership development and working to support businesses
1 Growth Hub per LEP area

3. Support Referrals and signposting to… funding and finance options
export opportunities
innovation and product development
skills and training
incubation/start-up
legal/regulatory
premises and relocation
specialist advice & consultancy

4. Partnership Working Walsall MBC Sandwell MBC
Wolverhampton CC
Dudley MBC
Black Country Chamber of Commerce
Further Education Colleges
UK Trade & Investment
National Business Support Programmes
University of Wolverhampton
Black Country Consortium
Sandwell MBC
Walsall MBC

5. BCT GOLD Project Partners:

6. BCT GOLD Project Team Wolverhampton: Project Delivery Partners:
Jay Patel, Joanna Davies, Steve Poole
Project Delivery Partners:
Dudley: Mark Ray
Sandwell: Nicy Morgan / Paul Smith
Walsall: Dev Thind
Black Country Consortium: Lynne Avery

7. The BCT GOLD Offer: Match funded Capital and Revenue Grants for SMEs delivering transformational projects, supported by the European Regional Development Fund

8. BCT GOLD Aims: 1. To assist SMEs in key sectors to deliver transformational projects that will grow the business. 2. Projects assessed on the impact of the grant support across the business, including turnover, productivity, new products and job creation.

9. 1. Pay rates to a Black Country Local Authority 2. Qualify as an SME:
1. Pay rates to a Black Country Local Authority 2. Qualify as an SME: Annual Turnover less than £42m Balance sheet value less than £36m Fewer than 250 employees Less than 25% owned by another company 3. Trade business to business
BCT GOLD Eligibility:

10. BCT GOLD Eligibility:
4. SME current growth ‹20% Trade in a key sector: Advanced Manufacturing Environmental Technologies Building Technologies Transport Technologies Life Sciences/ Business Services Social Enterprises trading in one of the above

11. BCT GOLD Support: Capital and Revenue Grants from £1,500 to £9,000
Capital and Revenue can be combined
Intervention rate 30% (70% match funded by SME)
Grant award decision by independent Investment Decision Group

12. BCTGOLD Application Process:
Stage 1 - Application process:
Go online to the project website :
Download and complete an Expression of Interest (EOI)
completed EOI to:

13. BCT GOLD Application Process:
Stage 2 - Application process:
EOIs eligible for BCTGOLD - assigned a Local Authority Business Adviser
Business Adviser visits to discuss SME’s Growth Plans and offer support through the formal Full Application process.

14. BCT GOLD Application Process:
Stage 3 - Application process:
Full Applications reviewed by the Project Team
Eligible Applications assessed by the Investment Decision Group
SMEs notified of successful Applications and a Grant Offer Letter/Contract issued.

15. BCT GOLD ESSENTIALS:
Complete the EOI with as much detail as possible to help us understand your project and its aims
Make the most of your Business Adviser to define your Growth Plans and how your project will help you to realise these.
Take time to complete the Full Application and ensure you submit all the required documents, e.g. three like-for-like quotes, a business bank statement and a cash flow forecast.

16. BCT GOLD Grant Payments:
Projects completed within 90 days
SMEs pay their suppliers in full prior to requesting the grant, i.e. cash flow the project
Stage payments not available
Grant Claim Form, supplier invoices and SME bank statements required before payment released

17. BCT GOLD CLOSE:
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