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Growth Accelerator Funding

Growth Accelerator Funding

I am pleased to report that I have been accredited as a Growth Accelerator coach and as such our clients can now tap into the Growth Accelerator funding if they join the scheme.


What is Growth Accelerator?


If you are a company that is looking to grow but may be unsure how to get there then Growth Accelerator provides a framework to help you:

·         Build a successful growth strategy

·         Discover new routes to funding

·         Unlock your capacity for innovation

·         Harness the power of your team

·         Provide drive for your leadership team


How does Growth Accelerator work?


If you feel that your company could benefit from the above I can arrange for you to meet with a Growth Manager who will discuss with you your ambitions, opportunities and capacity for growth in more detail.


Your manager will put forward a bespoke growth plan that will focus on one of the following areas:

·         Access to finance

·         Business development/planning

·         Growth through innovation


Once your growth plan is agreed upon, you will be appointed a coach who fits your business needs in terms of skills, experience and personality – which is where James, Stanley & Co can assist in your business development.


Through our association with AVN we have a number of tools which enable us to coach you and assist in the implementation of your growth plan. Our coaching schedule can last from three to twelve months and when complete your business continues to be part of the Growth Accelerator community.


Does my business qualify for Growth Accelerator?


Provided that your business is registered in the UK and based in England, have fewer than 250 employees and have a turnover of less than £40 million then you should qualify for the scheme.


How is the scheme financed?


Your contribution depends on the size of your business and you will only pay a one-off fixed fee which covers the support you receive from your Growth Manager and Growth Coach, the masterclasses and workshops which you attend and access to matched funding for leadership and management training. You will pay £700 in VAT (which potentially you can reclaim from H.M. Revenue & Customs) plus the following scale rates:
 

1 to 4 employees

£600

5 to 49 employees

£1,500

50 to 249 employees

£3,000

 

I mention above the matched funding for leadership and management training – this gives you access to matched funding of £2,000 for every senior manager in your organisation


How do I take this further?


If you would like to explore this opportunity to grow your business and make use of the available funding please email Jayne Cox at jayne@jamesstanley.co.uk and we will arrange for you a meeting with a Growth Accelerator manager.

 


 

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Disclaimer


The information provided in all of our blogs reflects only a narrative of some elements to consider on the topic. The blogs do not contain considered legal or accounting advice and should not be relied upon as advice. Please see our website's terms and conditions for full details of our disclaimer. If you are interested in obtaining advice, please contact us and one of our accountants will be happy and able to advise you on your own particular circumstances.

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