Help to Grow your Business

Posted on 30th June 2021 by Streets


Image to represent Help to Grow your Business

The government’s Help to Grow scheme seeks to provide digital and management training for small businesses to help boost productivity after the coronavirus pandemic.


The programme will help small and medium sized businesses across the UK learn new skills, reach new customers and boost profits.

You could get:

  • an Executive Development programme that could help you improve business performance and growth potential through Help to Grow: Management
  • free online advice and money off software that could help you save time and cut costs through Help to Grow: Digital

Help to Grow: Management

What is it?

Small businesses will be able to access a 12 week-programme delivered by leading business schools across the UK, accredited by the Small Business Charter. The programme will combine a practical curriculum, with 1:1 support from a business mentor, peer-learning sessions and an alumni network.

Designed to be manageable alongside full-time work, this programme will support small business leaders to develop their strategic skills with key modules covering financial management, innovation and digital adoption. By the end of the programme participants will develop a tailored business growth plan to lead their business to its full potential.

30,000 places will be available over 3 years. The programme is 90% subsidised by government – participants will be charged £750.

Who is it for?

UK businesses from any sector that have been operating for more than 1 year, with between 5 to 249 employees are eligible.

The participant should be a decision maker or member of the senior management team within the business e.g. Chief Executive, Finance Director etc.

Charities are not eligible.

Help to Grow: Digital

What is it?

This Autumn, small businesses will be able to get free impartial advice on how technology can boost their performance through a new online platform.

Eligible businesses will also be able to get a discount of up to 50% on the costs of approved software, worth up to £5,000. Vouchers are initially expected to be available for software that helps businesses:

  • build customer relationships and increase sales
  • make the most of selling online
  • manage their accounts and finances digitally 

Who is it for?

All businesses will be able to benefit from free online advice on the platform.

The voucher is expected to be available to UK businesses that:

  • employ between 5 and 249 employees and are registered at Companies House
  • have been trading for more than 12 months
  • are purchasing the discounted software for the first time

Full details on the businesses and software eligible for the voucher will be published this summer.

Further information and register your interest in Help to Grow 


No Advice

The content produced and presented by Streets is for general guidance and informational purposes only. It should not be construed as legal, tax, investment, financial or other advice. Furthermore, it should not be considered a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. The information provided by Streets is of a general nature and is not specific for any individual or entity. Appropriate and tailored advice or independent research should be obtained before making any such decisions. Streets does not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of obtaining Streets' visual or audible content.

Information

The content used by Streets has been obtained from or is based on sources that we believe to be accurate and reliable. Although reasonable care has been taken in gathering the necessary information, we cannot guarantee the accuracy or completeness of any information we publish and we accept no liability for any errors or omissions in material. You should always seek specific advice prior to making any investment, legal or tax decisions.


Expert insight and news straight
to your inbox

Related Articles


Tax if you live abroad and sell UK home

One of the most commonly used and valuable exemptions from Capital Gains Tax (CGT) is for the sale of a family home. Generally, there is no CGT on a property that has been used as your main family residence. However, an investment property that has


Protect your land and property from fraud

It is important to take the necessary steps to protect your land and property from fraud. You are at a higher risk if: Your identity has been stolen You rent out your property You live abroad The property is empty The property is not


Transfers of assets abroad

A new rule aimed at preventing individuals from using companies to avoid taxes through the Transfer of Assets Abroad (ToAA) provisions applies to income arising to persons abroad on and after 6 April 2024. This change affects UK residents who own or

You might also be interested in...