A Flying Start for AIM for GOLD Wolverhampton Cohort 2

06 Feb 2020

Published in: Member News

City Of Wolverhampton Council launches cohort 2 of the AIM for GOLD ERDF part-funded Programme

More than 35 City of Wolverhampton businesses joined the AIM for GOLD Business Growth and Grant programme that is part-funded by the European Union and the ERDF scheme. The second cohort comprises of 35 companies from the manufacturing, digital, creative, business services and environmental technologies.

The launch took place at Molineux Stadium where businesses were given an in-depth explanation of what the AIM for GOLD programme entails; in addition to hearing from inspirational speakers – Wolverhampton-born Paralympian and England’s most capped blind footballer, Darren Harris, and eBay UK’s Business Development Director, Bert Bassett.

AIM for Gold Business Growth and Grant programme is led by the City of Wolverhampton Council’s Business Development team that supports SMEs located in Wolverhampton in order to ensure that they achieve sustainable and manageable growth.  The support ranges from one to one coaching, staff training, bespoke growth planning, peer to peer learning, referral to supply chain opportunities, staff recruitment (via the Council’s Wolves @ Work team) to financial assistance of up to £50,000 – average grant to date is £18,000.

The first cohort was a success which resulted in over £320,000 of financial assistance to 17 local SMEs being secured with the help of the Business Development Team, underpinning just over £1.3M of business investment in the City towards a range items such as: New CNC Lathes; Hybrid Digital Printing Machine; Venue Finding IT system; Warehouse Racking and pipework; Crane, steelwork, and civils; Robotic cameras and video production items; VR Head set and PC’s; Industrial Embroidery Machine; and a Steel Splitter and Cutter. The investment has created over 50 new local job opportunities. 

For more information about the AIM for GOLD Programme http://www.investwolverhampton.com/aimforgold/

To arrange for a call please email business.development@wolverhampton.gov.uk


Submitted by Hannington Gondwe from City of Wolverhampton Council
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