Wolverhampton business grants expressions of interest window now open
Released: 08 April 2025
The window for expressions of interest in Wolverhampton Council’s latest round of business grants to support city businesses with capital investment and low carbon projects is now open.
It is likely the average grant available will be up to £20,000 for projects costing £40,000 or more.
Higher grants could be available depending on the impact of the investment - but grants will be capped at no more than 50% of the project cost.
Previous grants have supported the purchase of items such as vertical lathes, laser cutters, cold rolling machines, CNC tube bending and forming machines, and polymer sorting machines.
Funding will come from the UK Shared Prosperity Fund (UKSPF).
The latest grants were today (Tuesday) launched at a free Business Support Roadshow – supported by Business Growth West Midlands - at Molineux Stadium.
Full details of grant eligibility, impact measures and the application processes, along with details of some of the other new business support programmes, can be found at www.wolverhampton.gov.uk/businessgrowth
The window for expressions of interest in the grants will close on April 30, 2025.
Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, said: “In Wolverhampton, we are utilising the UKSPF funds to support SMEs in maximising their offer and capitalising on opportunities being generated by investment in our city.
“For those businesses who couldn’t make it to the roadshow I would urge them to head to the business growth webpage and find out exactly what funding is available to them.
“Support is in place to help guide businesses through the process to access these grants.”
Applications for the grants are on a competitive basis, subject to availability of funds, and distributed at the discretion of the council.
If you need help with your grant application or have a general query, you can get in touch by emailing business.development@wolverhampton.gov.uk or calling the business support phone line on 01902 555572 between 9am and 5pm from Monday to Thursday or from 9am to 4.30pm on Fridays.