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August 2014

Growth funding available to SMEs

In the 2013 budget, George Osborne announced the introduction of £30m worth of Growth vouchers for small businesses.

The scheme was launched on 27 January and will run for the next 15 months.

Businesses must apply to access the Growth vouchers and once accepted on the scheme, they can use them to obtain strategic advice in the following areas:

  • 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
 
We are aware that HMRC has started to make contact with businesses who match the eligibility criteria and a number of our clients have already received such correspondence.
 
Prime has registered as an approved supplier and, as such, can accept these vouchers.
 
Further information about the scheme can be found at https://www.gov.uk/apply-growth-vouchers
 
Please contact us to find out how Prime can help you in taking advantage of these vouchers.