Introduction to the Business Growth Service May 2015

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Introduction to the
Business Growth
Service
May 2015
What is the Business Growth Service?
GrowthAccelerator,
Manufacturing Advisory Service
(MAS), Intellectual Property
Audits and Design Mentoring
will integrate to become the
Business Growth Service.
The service will provide tailored business support to small
and medium sized firms with ambition and potential to grow.
Throughout their journey, participants will have a single
point of contact from the Business Growth Service and,
depending on the type of help they need, will be introduced
to experts from other existing Government service including
UKTI, UKEF, Innovate UK and local growth hubs.
1
GrowthAccelerator introduction
Nigel Knapp
Business Growth Manager
Coventry & Warwickshire
Support includes:
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Business Development Coaching
Growth through Innovation
Building leadership and management skills
Developing new ideas and products
Accessing finance
Design mentoring
Protecting intellectual property
Eligibility and cost
• SMEs only - fewer than 250 employees, less than £40m
turnover
• Registered in the UK and England
• Any sector
• Growth Accelerator pays the coach, based on delivery and
client satisfaction
The application process is simple
Telephone
Interview
Register
Online
Online
Diagnostic
Growth
Assessment
Coaching
Workshops
Master-classes
L&M Training
Account Management
Face to Face
Meeting
Growth Plan
content
agreement &
Contracting
Commence High
Growth Support
On-line survey
Online GROWTHMapper questionnaire
• 10 business areas
• 10 questions on each
• 15 minutes to complete
Output
• An INSIGHT report that gets under the skin
of the business and illuminates the coaching process.
GROWTHMapper - extract
Leadership and Management
Eligibility:
– Key Decision Maker (Owner Manager, MD, CEO) or:
– A member of the Senior Management Team or Board Executive and:
– Have strategic responsibility for the overall direction of the business
How much can a client access?
– Up to £2000 per eligible individual - 50% match funding
– Grants must be matched £ for £
– Maximum funding available is on a sliding scale, which is capped at five
senior managers or up to 10% of the workforce for companies with 20 plus
full time employees
– Can be used in all or parts.
How can the funding be used?
– Leadership and Management development that will significantly improve the
capability of the person(s) accessing and clearly link to the growth of the
business.
Coaching and L & M timing
Time
1
GrowthAccelerator
Support
GA Coaching
Leadership and
Management Support
2
3
L&M Training
GrowthAccelerator
Support
GA Coaching
Leadership and
Management Support
L&M Training
GrowthAccelerator
Support
Leadership and
Management Support
GA Coaching
L&M Training
Questions?
Thank You
Nigel Knapp
07818 613376
nigel.knapp@growthaccelerator.com
www.greatbusiness.gov.uk/ga
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