New “Help to Grow” Scheme launched for SMEs

The Government have launched a new “Help to Grow” Management Scheme which offers small businesses access to a 12 week-programme delivered by leading business schools across the UK, accredited by the Small Business Charter.

There are 30 places available across a 3 year period. The programme costs £750 and is 90% subsidised by the government as part of its Plan for Jobs to help businesses to drive growth and create jobs. It is aimed at senior leaders of small and medium businesses.

Designed to be manageable alongside full-time work, there are a wide range of modules available, including financial management, strategies for growth and innovation, leading high-performance teams, and approaches to digital adoption.

By the end of the programme, attendees will be able to develop a tailored business growth plan to help lead their business to its full potential, and have access to an extensive alumni network.

Robert Dowling, Partner and Head of Assurance and Advisory at Carpenter Box commented:

“The challenges of the past year have seen a huge focus on providing financial support to businesses of all sizes to help them survive. It’s great to see this new initiative from the government, with a focus on helping businesses with growth potential to look to the future and thrive.”

Who is it for?

UK businesses from any sector that have been operating for more than 1 year, with between 5 to 249 employees are eligible. The participant should be a decision maker or a member of the Senior Management Team within the business e.g. Chief Executive, Finance Director etc.

NB: Charities are not eligible.

How to register

Registration for the programme begins in June. You can register via the Gov.UK website.

If you have any queries about any of the above please get in touch with a member of our Audit and Assurance or Corporate Finance team on 01903 234094.