Growth Voucher funding scheme for SMEs
Are you eligible for the Governments funding pilot to support SME growth?
Designed to make professional advice more accessible to small businesses (SMEs) to support business growth.
Hello, I’m Carole Thomson, and like you I am a fellow SME (small to medium enterprise). I wanted to let you know about a new Government funding pilot for 2014 that is targeted at us.
This funding is due to close at the end of March 2015 so if you are considering using it now is the time to act.
For instance, as an approved HR Professional Adviser under this Government scheme, if you are awarded growth vouchers, 50% of my professional costs would be funded by the Government to a potential maximum of £2,000.
Examples of some the HR professional support I could help you with under this scheme are:
- Manage a business change, workforce restructure or TUPE
- Help you hire, train and develop your workforce for business growth
- Assess workforce capabilities to ensure they meet business priorities
- Protecting your business by ensuring your compliance to employment law
- Creating a HR process (for instance an appraisal system) to support your business grow by ensuring and building the performance of your workforce
- Improve the leadership and management skills of yourself and your team to get the performance you need from your workforce.
Background: £30m Government pilot providing growth vouchers to around 20,000 small businesses in England. Main criteria is you must have: 49 employees or less; traded for at least one year; not sought strategic business advice in the last 3 years and are either registered at Companies House or the HRMC (if self employed). It’s a pilot, once gone that’s it it’s gone. 1st come 1st served!
Even if you are not eligible, as a fellow SME, I know whilst needs may be many, budgets are small. Therefore, I keep my rates realistic and affordable to SMEs, whilst not compromising on the quality of the service provided.
If you would like to know more about the funding scheme, or take advantage of our free no obligation 30 minute consultation so we can discuss your business needs, and how HR Support for Business could help please Contact us.
And if you know of any other funding that would be useful to other SMEs like us, please let me know and I will post it here. Just let me know at firstname.lastname@example.org
If you have found this article useful, why not have a look around our HR Newsroom and see if there is anything else we have posted that is useful to you.
Perhaps our latest Employers Newsletter or our Employment Facts and Stats update. Combined these two documents will inform you of key employment law changes and the up to date statutory rates that will effect your business. And of course, they are free of charge.
You also have the option to register your details over on the right hand side of any of the News Pages on our website and we will then send you future updates ‘hot off the press’ as they are published.
Carole Thomson Chartered FCIPD, Tech IOSH
Senior HR Consultant and Trainer
HR Support for Business
Tel: 078994 25916/ 01295 788 579 email@example.com