New grant available for high growth businesses

A new grant is available for high growth companies to enable them to further invest in their leadership and management. The new grant (called the Leadership and Management Advisory Service) will pay up to £1k in grant funding and this needs to be matched by the company.

The eligibility criteria are:

• Private sector businesses and Social Enterprises
• Employ 2 – 250 people (Full time equivalents)
• Display the potential for high or fast growth defined as:
• If trading for more than 12 months, have the potential to increase turnover or employment by 20% each year for 3 years (Social Enterprises – 10% increase)
• If trading for less than 12 months, have the potential to achieve a turnover of £500,000 within 3 years of trading start.

To find out more, contact us.