Business West – a ‘not for profit’ company – is offering funds exclusively to SMEs in the region with two years of sustained growth. The High Impact Scale-Up Coaching Grants programme has been developed to support businesses to overcome barriers to growth through intensive and strategic coaching. These grants will be made available to those SMEs who have the potential to become fully-fledged scale-up companies, defined as either growing by more than 20% p.a. by sales growth, employee growth or both for at least three years. For more information on this subject please read the bulletin below which was issued by Insider Media Ltd. today.
Roger Mundy, Managing Director, Beardsley Theobalds, 3rd May 2018
Business West offers £500k to accelerate growth
Business West is to offer grants totalling £500,000 to enable business to access coaching to accelerate growth.
The not-for-profit company is offering funds to businesses with two years of sustained growth.
The High Impact Scale-Up Coaching Grants programme has been developed to support businesses to overcome barriers through intensive and strategic coaching, with a coach or trainer of the business owner’s choice.
The programme will be exclusively available to SMEs in the West of England who have the potential to become fully-fledged scale-up companies. defined as either growing by more than 20 per cent per year by turnover growth, employee growth, or both, for at least three years.
Tara Gillam, head of enterprise at Business West, said: “The High Impact Scale-Up Coaching Grants programme will support high growth businesses who need leadership and management development at this stage to ensure growth continues and to help take their business to the next level.
“In the long term, we hope that these businesses will carry on with their projected growth year-on-year, delivering more job creation, stability and growth to the local economy. This is a fantastic opportunity not just for the businesses who will receive funding, but for the wider West of England economy as well.”