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Up to £2,000 match funding to help your business grow.

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Presentation on theme: "Up to £2,000 match funding to help your business grow."— Presentation transcript:

1 Up to £2,000 match funding to help your business grow

2 Did you know? SMEs are owed nearly £40 billion in late payments Retaining 5% more of your existing customers can increase profits by 25-125% 75% of UK employers hire the wrong people, costing the UK economy £12bn a year Best-practice management can result in a 23% increase in organisational performance Brits are spending an estimated £68bn a year shopping online, but only 25% of SMEs carry out online marketing to drive their business REFERENCES FROM: Wired, Finpacific, University of Warwick, HR Review, The National Skills Academy, IBM Project Northstar, B Daily, Lloyds Banking Group

3 What are Growth Vouchers? £30m government funding for a pioneering research project specifically tailored to SME’s to access strategic advice to grow their business. Eligibility: Registered in England Are actively selling goods or services Less than 250 employees Have a turnover of less than €50m

4 CHOOSE YOUR FLAVOUR

5 Register at www.gov.uk/apply- growth-vouchers Face to faceVoucherNo VoucherOnlineVoucherNo Voucher DIAGNOSTIC STAGE Customer journey from point of arrival

6 Benefits of business advice 94% of businesses of those using advice have seen benefits 77% of those using advice have seen it as value for money SMEs that use mentors are more likely to export, innovate and increase employment 240,000 small businesses in the UK use external advice How much does it cost - £50 per hour median payment level The Growth Vouchers scheme can help you finance 50% of the costs of business advice REFERENCES FROM: Small Business Survey 2012, BIS calculations based on the small business survey 2012 and business population estimates, research to understand the barriers to take up and use of business support CEEDR and BMG 2011, BMG analysis of small business survey

7 For more information and case studies see www.cavendishconsortium.co.uk/gv www.gov.uk/apply-growth-vouchers Take 5 minutes to register now:

8 Accredited advisor marketplace. If your business needs advice or you are interested in becoming a Growth Vouchers accredited supplier visit now: marketplace.enterprisenation.com

9 Thank you Sheryl Tipton Enterprise First – delivery partners in the South East 01252 319272 @sheryltipton


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