South East businesses are already benefiting from a £200 million business support service launched recently by the government to accelerate the growth of firms employing less than 250 staff.
GrowthAccelerator will drive growth for up to 26,000 ambitious small to mid-sized businesses across England, creating 55,000 high-value jobs.
The support is being delivered by over 100 expert Growth Managers and 800 growth coaches who have been recruited on the basis of their successful past experience with growing businesses. This includes a team of innovation specialists who work with the Intellectual Property Office (IPO) to help small firms capitalise on their intellectual assets. Trade mark, design and patent protection has added significant value to UK firms, enabling business continuity at home and abroad.
The national team of GrowthAccelerator coaches includes Clive Bonny of Strategic Management Partners based in Brighton. Clive, one of the team attending the Intellectual Property Office Masterclass, says; “The scope of work that we can provide through GrowthAccelerator is tailored to each client and can include many operational areas such as marketing, customer services, skills training, managing strategic change and innovation. Intellectual property protection also ensures business continuity and adds real value to branding and reputation.”
Businesses on the GrowthAccelerator programme may be able to secure funding from the IPO to commission an IP professional to conduct an IP audit of their business. An additional £3000 funding per applicant is available to protect intellectual property such as trademarks and brand designs.
Two Brighton businesses have already signed up to the programme. Jamie Malpass, MD of Malpass Meats Direct, says; “My family firm has been supplying the best fresh Smithfield market meat direct to the public for over 200 years. GrowthAccelerator support is helping us set up a cash and carry business for south coast residents to buy quality fresh meat at much lower prices than vacuum packed supermarkets. As a result our turnover is forecast to increase by a million pounds within 12 months.”
“Tom Druitt, MD of The Big Lemon Bus Company, says “Our buses run on recycled waste cooking oil and we have just been declared by the City Council as the preferred bidder to operate the 52 bus serving Woodingdean and Ovingdean. This grant support enables us to manage our growth and continue to improve the service we provide in order to fully live up to our catchphrase “Turning Waste into Happiness”
Entrepreneurs who are interested in finding out more about how they can benefit from expert support to help them achieve their goals and grow their businesses should contact their local Growth Manager, Sue Sharpe on email:
firstname.lastname@example.org, Tel:07436 098651 or visit www.growthaccelerator.com
Or contact Clive Bonny Clive@consult-smp.com tele 01273 308865