Business News

Thames Valley: £2.16m of EU funding available to drive growth in Berkshire’s SMEs

Published by
TBM Team

As part of the European Structural & Investment Funds (ESIF) programme for 2014-2020, a new European Regional Development Fund (ERDF) call has been published by DCLG for initiatives designed to enhance the competitiveness of small and medium-sized enterprises in Thames Valley Berkshire.

The call is specifically designed to augment the Berkshire Business Growth Hub service by:

  • supporting SMEs to ‘Scale-Up’, through a strong social and economic environment
  • helping innovative companies export/export more
  • securing more Inward Investment into the area.

It is vital that Berkshire’s small and medium-sized businesses have access to the support needed to realise their full growth potential, particularly to understand how exporting can improve their trade position. The LEP is already seeking to increase the proportion of firms involved in exporting, through its Business Growth Hub service. 

Peter Read, chairman of Thames Valley Berkshire Local Enterprise Partnership (LEP), commented: “The LEP recognises the impact of business scale-ups and is determined to enable investment in those activities that will give ambitious business leaders a platform for growth. The LEP’s ESIF Strategy includes direct references to the need for investment in scale-ups, export and inward investment; this call is a golden opportunity for applicants to deliver this.”

To support potential applicants, technical assistance is available.

Contact Thames Valley Berkshire LEP for more information on 0118 945 0200.

Click here for details of the call. The application deadline is September 8.

TBM Team

Recent Posts

Forest of Dean's Two Rivers Housing appoints new Chair

Two Rivers Housing has appointed Ted Pearce as its new Chair to replace Yvonne Leishman…

57 mins ago

Cheltenham celebrates success of 2024 jazz festival

Cheltenham Jazz Festival rocked this year with a celebration of jazz, blues, soul and pop.  Across…

60 mins ago

Young photographers aim to champion creativity over AI with new Gloucestershire business

A new photography business challenging the use of Artificial Intelligence (AI) within the sector, has…

60 mins ago

Tech4Good South West urges everyone to do One Small Thing

A new campaign has been launched by not-for-profit organisation Tech4Good South West, designed to mobilise people and…

1 hour ago

Gloucestershire restoration company coverts to biodiesel

Conservation and restoration pioneers Stonehealth, based at Draycott Business Park at Dursley has converted its iconic…

1 hour ago

Retail centres in Gloucester first to be awarded Certificate in Deaf Awareness

Real estate management company Colliers' retail and leisure destinations in Gloucester, including the Eastgate Shopping…

1 hour ago