Black Country Manufacturing has been boosted by the help which has been provided by Grants WM as it has assisted in completing a business funding package (including grants) to help a local Black Country business based in the Dudley Borough to gain finance access to the tune of £562,000.
Although there were a number of obstacles to overcome, as is always the case with many business grants. A funding package £562,000 which included business grants was successfully put together in order to help enable the Black Country manufacturer to purchase new technology, equipment, and undertake redevelopment some of its existing working space. All of which not only would help improve the efficiency within the business itself, but also create in excess of 12 new jobs.
A spokesperson from Grants WM said that it receives a high amount of enquires from many different businesses throughout the West Midlands on a weekly basis. Often the help which we can provide in obtaining a business grant is currently very much dependant on how well established the business is, and in which industry they operate within.
Although there is a vast array of businesses grants available within the West Midlands region, as with everything they are specifically targeted towards the specific business sectors.
Is help now out there for Black Country Manufacturing?
Black Country Manufacturing has suffered a little over recent years due to a lack of the right types of businesses grants being available and as such many Black Country Manufacturing businesses have grown disheartened and become very cynical of the help which is out there.
Grants WM is extremely pleased to have been able to help the manufacturing sector during these current tough times and would certainly welcome further enquiries from other Black Country Manufacturing businesses to see if it is able to assist them also.