Presentation to the East Sussex Assembly Graham Marley Chief Executive

 Not for private profit  Established over 25 years  Turnover £1.1m  28 staff  200+ volunteer mentors  Provision of business advice, training exhibitions and finance

 Delivery of New Enterprise Allowance  Lets Do Business Finance  Start Up Loans  Business start up workshops (Hastings and Eastbourne); Leap in Lewes  Exhibitions (Eastbourne and Hastings)  Business Training and Apprenticeships

 Locate East Sussex  Partner ESCC with an RGF 4 bid  Town Centre Management (Hastings)  Hastings Area Chamber of Commerce  Working with schools

 JSA claimants from day 1 (up until Work Programme)  Induction  Workshops  Mentoring  Loan (£2500 at 6.2%APR over 3 years)  Ongoing mentoring  Helpline

 Programme started 8 th August 2011  Rolling programme  Number of referrals (744)  Number of programme starts (499)  Business Starts confirmed (238)  6 Month+ trading confirmed (98)  Continues until December 2014

 Capitalise Business Support  Up to £2.1m RGF funds available  Loans up to £50k  Typically at 12% over max of 7 years  Can provide start up finance (typically 19%)

 Up to £10k  6.2% APR  Max term 5 years (usually 3)  Clients receive mentoring support  Helpline  Access to global partners  Programme started  Loans agreed

 Inward Investment into the county  Existing businesses looking to expand  New commercial developments  Marketing the County  Regional Growth Fund