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£20m green fund launches

14 Jun 2013

A £20m funding programme designed to help smaller supply chain companies develop and grow their businesses in the green sector has been launched.

The Green Bridge Supply Chain Programme is available to companies based in the local enterprise partnership (LEP) areas of Greater Birmingham & Solihull, Black Country, Coventry & Warwickshire, The Marches, Staffordshire & Stoke-on-Trent and Worcestershire. It is funded through the government's flagship Regional Growth Fund and managed by Birmingham City Council.

Steve Hollis, Greater Birmingham & Solihull LEP deputy chairman, said: "Greater Birmingham and the wider West Midlands area have a well established green technologies sector and the Green Bridge fund seeks to build on this. "But equally importantly, it will aim to improve the capabilities of SMEs not necessarily involved in green technologies to adopt and adapt to more energy efficient and innovative methods."

The scheme is aimed at companies which operate with the green sector or are seeking to diversify or set up within this sector, such as renewable energy, low carbon, building technologies, manufacturing, transport and logistics.
Grant support of between £20,000 and £100,000 is available, but applications for funding of more than £100,000 may be considered where applicants can demonstrate "significant" economic benefits.

For further detailed information, please click here.

To apply, please visit: www.birmingham.gov.uk/greenbridge 

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