Check out the eligibility criteria below to receive a grant.
- The SME must be based in the West Midlands
- Must meet the EU Definitions related to being an SME
- Must have less than 250 full-time equivalent employees
- Is an autonomous enterprise not owned more than 25% by another enterprise or owns more than 25% of another enterprise
- Not a subsidiary of a company based outside of Europe
- Have an Annual Turnover of less than 50 million Euros, or annual Balance Sheet Total (main assets) of less than 43 million Euros
- Be a Head Office / Single Site (no branches)
- Must be within an eligible industrial sector
- The activity must be related to international markets and be additional activity
Ineligible Criteria
SMEs operating in the following sectors are NOT eligible for support from this project:
- Retail (defined as the provision of goods and/or services to businesses/SMEs is not considered as Retail)
- Agriculture
- Food and drink (a large proportion of non agricultural food and drink companies are eligible – please contact us to check eligibility)
- Fisheries and aquaculture sectors (which are supported through European Fisheries Fund)
- Manufacturing of synthetic fibres
- Public sector
- School education
- Ship building
- Coal
- Steel
- Banks
- Insurance companies
If you have a question about your company’s eligibility contact us