The headlines – what’s it about?
It’s a £30m government research programme to test how best to help small businesses grow. It’s the biggest research project ever carried out by government.
Vouchers are randomly allocated to around 20,000 businesses but it’s expected the majority of businesses who apply will get them.
What does it cover?
You can use Growth Vouchers to get strategic advice on:
- Managing cashflow, late payments and negotiating finance
- Developing skills and taking on staff
- Improving Leadership and Management
- Marketing, attracting and keeping customers
- Making the most of digital technology
How much can you get?
Up to £2,000 50% match funded.
How much do you have to pay?
50% of the cost
Who’s eligible?
Businesses:
- With 49 or less employees
- Who are registered in England
- Who’ve been trading for at least 1 year
- Who haven’t paid for any strategic business advice in the last 3 years
- Who haven’t had any other public funding, ie other grants in the last 3 years
How to find out if you’re eligible
By applying on line you’ll find out immediately if you’re eligible and how much you’ve got to spend.
How to apply
Apply online here (link is external) and complete an online questionnaire, or arrange a face to face meeting with an advisor who can help you asses what you need.
You then find an advisor on the Growth Vouchers Market place, run by Enterprise Nation
When do you get the cash?
Like with the other grants, you need to pay your supplier in full and then claim your grant. Claims should be paid to you within 30 days.
Other stuff you need to know
Check this link (link is external) out for more information.
(I’m also registered as a Growth Voucher provider)