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January 31, 2014

The Government has launched a £30m Growth Vouchers programme to help small British businesses grow

Growth VouchersThe Growth Vouchers programme will offer advice and guidance to businesses taking part and see subsidies of up to £2,000 offered to many to spend with advisers on the new Enterprise Nation Marketplace. It’s expected to help 20,000 of the smallest British businesses over the 15 month life of the initiative.

Announced by the Chancellor in the 2013 Budget and championed by the PM’s Enterprise Adviser, Lord Young, the Growth Vouchers programme will deliver subsidies to help businesses access the advice they need to help them grow.

To find out about the programme, visit: https://marketplace.enterprisenation.com/.

To be eligible, your business must:

• have 49 employees or less (including any employees of companies that own a stake in your business)
• be registered in England
• have been trading for at least one year
• not have paid for business advice in the last 3 years
• be independent (ie no more than 25% is owned by other businesses or organisations)

You’ll need the following things to complete your application:

• Companies House registration number or unique tax reference
• registered business address
• business turnover details
• VAT registration number (if you’re registered)
• PAYE number (if you have one)
• contact phone number
• email address

You can apply on: https://www.gov.uk/apply-growth-vouchers#before-you-start/.

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