On Tuesday 26th August, Lord Young announced changes to the Growth Vouchers scheme which will enable more businesses to be eligible for the funding.
The programme will now be available to any business based in England with fewer than 250 employees and has a turnover of less than £45 million
Quote from Lord Young, the Prime Minister's advisor on enterprise
“External, strategic advice is key to commercial success and has helped thousands of businesses to grow. I want to make it easier and more affordable for small businesses to access and the Growth Vouchers programme is doing exactly this. I have received fantastic feedback from small business owners who have taken up this great offer, using the online marketplace to select a strategic advisor to help them shape their business growth and improve performance.”
Growth Voucher Recipient Quotes
Banners and Mash
“In a matter of days, I had spoken to an adviser from the Marketplace and scheduled a follow-up call to discuss our business plans. The Marketplace was very easy to follow and it was very clear which businesses were Growth Voucher approved suppliers.”
“It was hard to take a step back and look at the bigger picture; the Growth Voucher really allowed me to think strategically. I’m 100% behind it.”
To apply for Growth Vouchers visit www.gov.uk/apply-growth-vouchers. The application process is very straightforward and will take as little as five minutes.
Once you have your voucher and have taken delivery of the advice you will have one of two payment options to be agreed with the advice provider.
The first option is to pay the provider’s invoice in full and claim back 50% of the costs up to the value of £2,000. The second option allows you to agree with the provider to pay 50% of their bill and then the provider can claim back 50% of the costs from the government. In either circumstance the claimed amount will be paid in to the recipient’s bank account within 10 days.
Timewise Consulting Marketing Services is an accredited Growth Voucher Adviser. Details can be found at The Enterprise Nation Marketplace, part of the Growth Voucher Programme: https://marketplace.enterprisenation.com/marketplaces/businesses/5029
To find out more about how Timewise Consulting Marketing Services can help grow your business, please contact us on 0843 523 6353 or email firstname.lastname@example.org