Subsidised support for growing businesses

It is one of the best kept secrets in the world of business support but a Government backed scheme to help aspirational businesses make the business breakthrough they require is available for organisations that turnover below £40m with staff numbers below 250.  The scheme, called GrowthAccelerator,  provides access to one to one support for up to 6 days through experienced business coaches who have expertise in supporting growing businesses.  Additionally, businesses can make the most of an investment in training through access to matched funding of up to £2,000 per senior staff member to support specific areas of development.

Research suggests that businesses that seek external advice and information are 50% more successful than those that do not (BIS , 2010).  Equally, evidence suggests that businesses are often more likely to adopt new practices when they are introduced from outside the organisation.  "There are many invisible barriers to growth" commented Chris Lorimer, one of the approved and registered business coaches, "however, it is often difficult to see them when you are confronted with the day to day activities involved in running a business".


The cost for eligible businesses can be as low as £600 plus £700 VAT for businesses employing up to 4 staff and only £3,000 + £700 VAT for businesses employing between 50 and 249 staff.

"When you consider the value of the training and coaching support can run into several thousands of £s," Lorimer continued, "if you are an aspirational business, you would be mad not to at least consider this support".

For further information contact Chris Lorimer who will put you in touch with one of the GrowthAccelerator Managers.

Email:  chris@lorimerconsulting.co.uk
Telephone: 07774 827305

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