·       Are you looking to relocate within the Walsall area but can't afford the costs?

·       Would up to £5000 help? Based on 50% reimbursement of what you spend

·       Your business must be relocating within the Walsall Borough

If you answered yes, you may be eligible to apply for the Walsall Relocation Grant.

 

Any business relocating into the Walsall area* (*usual criteria applies)

 

 

Any purchases made directly on the business once your grant application has been approved:

 

1.              Eligible items include:

(a)            Consultancy fees

(b)            Moving costs

(c)            Marketing costs

 

2.              Ineligible costs include:

(a)            Value Added Tax

(b)            Stock

(c)            Petrol

(d)            Salaries

(e)            any costs not detailed in the application without prior written approval from the Project Team

 

Next Steps - For an application to be processed you must complete the following three documents (please click the link to open them) and clearly state how you propose to spend the grant once approved

1.       Application form - Relocation Grant Application Form  

2.       Business plan - Business Plan  (example template or submit your own)

3.       Cash Flow forecast - Cashflow Chart (example template or submit your own)

·       A company relocating will be at risk of job losses or would not be able to expand their operational activities without the grant funding

·       The impact of the grant will directly benefit the Walsall Borough economic area through the employment of Walsall people or moving into Walsall based premises

·       Your business must be relocating within the Walsall Borough 

All decisions on financial assistance and amounts offered are at the sole discretion of the panel set up by Walsall Council and Partnership to consider applications.

If you feel you fit the eligibility criteria and would like to apply for the Relocation Grant please complete all three required documents (the Relocation Grant application form, business plan and cash flow chart) and return using one of the following methods.

 

E-mail     -               business-enterprise@cad.coventry.ac.uk

 

Post        -               Walsall Grant Project, Economic Regeneration Team,
                                2nd Floor Civic Centre, Darwall Street, Walsall WS4 2DQ

 

Telephone -           01922 653620

 

If you would like some support completing your application, we are happy to help please contact  either the Economic Regeneration team on  01922 653620 or the project team (Kathryn Stewart / Robin Underhay) on 02476 23 6001

 

A formal application will be required and all applications will follow a common appraisal and project management process. The formal application will be assessed with regard to its business development potential, employment growth and sustainability. Specifically the project team will assess the market/business need, and impact e.g. sales and jobs.

The Walsall Business Start Up Grant is part of the Solutions for Business portfolio, through the Walsall Strategic Partnership. Solutions for Business (SfB) is a suite of publicly funded business support products and services designed to help businesses start, grow and succeed.

 

Once your three application documents have been submitted it will go through an initial assessment by the project team and you will be informed by email or telephone if you have been successful, unsuccessful or needs further development/ additional information.  If you need more help we can provide you with additional support from our partners in the Walsall area. If the application is then ready it will go to a panel for decision.  You will be informed of the decision in writing.  Payment of the claim will be on submission of receipts or approved evidence of spend of which 50% will be paid to you up to the value of £5000

 

Please contact us on any of the above addresses.