The Growth Accelerator programme is a UK government backed scheme offering subsidised support for companies that want to grow.
Martin Booth is a registered and approved Growth Coach for GrowthAccelerator. GrowthAccelerator helps companies in England with growth potential to achieve their ambitions. They’re here to help businesses achieve rapid and sustainable growth by providing tailored expert advice across Gloucestershire & Avon. Find out more at www.growthaccelerator.com
The GrowthAccelerator programme helps companies who aim to double their businesses in three years. If you are looking to recruit staff, invest in plant and equipment, or grow your turnover by 20%+ per annum going forwards, GrowthAccelerator can help in a number of ways, and we are pleased to be part of the Business Development programme.
Through this programme, Martin can work with you on a direct basis to help you to identify your business constraints, prioritise your opportunities for growth, and to find and impart specialist skills and knowledge that will assist you to develop your business the way that you want to.
1. Registered in England with fewer than 250 employees and Turnover of less than £40m
2. Not a subsidiary
3. The Business must have potential to grow rapidly. The criteria depends on size:
o SMEs with 10 or more employees must have the potential to increase turnover or employment by by an annual average rate of 20% over three years
o SMEs with fewer than 10 employees must have the potential to increase employment by at least 7 employees or annual turnover by 0.75m over three years.
o Start-ups must have the potential to achieve turnover of £1m or at least 10 employees within three years of starting trading.
4. There is no specific target sector or postcode lottery, the funders are simply looking for the very best businesses!
1-4 £600 + vat*
5-49 £1,500 + vat*
50-249 £3,000 + vat*
GrowthAccelerator is a partnership between private enterprise and government, and a client contribution is required to join. Your investment in GrowthAccelerator will reflect the size of your business. *VAT is on 20% of the nominal value of the service,
The Eligible business will get:
o Dedicated Growth Manager support
o Business assessment to analyse and identify the prioritises for action
o Seven Days of Business Development Coaching
o Connections to other programmes and expertise such as help and funding for export, renew of IP etc…
o And a growing list of other benefits.
The other streams of support are to help you commercialise innovation, and to access finance and the overall package is funded until 2015 so this is long term support designed to help the best businesses in England.