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Posted on 19 July 2013

The Challenge

Achieving and sustaining growth in today’s economic climate is a major and often very time, money and resource consuming task requiring dedicated and continuous commitment which very often, business owners have little time to work on.

GrowthAccelerator has been designed to help England’s brightest growing businesses with just that – driving your business forward.

The solution

GrowthAccelerator is a partnership between private enterprise and government with the main aim of helping ambitious businesses achieve their goals with rapid, sustainable growth.

The service has been designed to discover the real issues holding your business back. Having identified this, they help to define a suitable growth plan and open the door to business experts and networks – all at an affordable price.

What are the benefits of taking part in GrowthAccelerator?

GrowthAccelerator aims to work with 26,000 businesses in three years. Their unrivalled 100 strong team of Growth Managers are responsible for identifying ambitious businesses and matching them with one of their 800 experienced Growth Coaches around the country.

Businesses who seek external advice are 50% more successful than those who don’t (BIS, 2010) and 80% of businesses that sought external advice expect to grow in the next two to three years.

Coaching is proven with 92% stating it had a positive impact on their businesses (CIPD).

GrowthAccelerator also offers businesses a Leadership and Management Grant for access to funding for training to help meet leadership and management needs of businesses with the potential for high growth.

Is my business eligible?

To be eligible, businesses need to be registered in England with a turnover of less than £40m and have fewer than 250 employees.

How much do I need to invest?

Your investment in GrowthAccelerator is dependent upon the size of your business, and because the government is investing with you, the cost to you is significantly reduced and extremely affordable.

1-4 employees £600

5 – 49 employees £1500

50 – 249 employees £3000

What now?

We’re determined to help your business succeed! Let us provide you with further information regarding GrowthAccelerator and other funding opportunities for your business, please get in touch with your usual Smith Cooper contact or e-mail us here

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