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News - 12 February 2015

Government Launch Initiative to Support Business Start-up

A new business start-up initiative that will build on the success of the Ready for Business programme has been announced by Nick Clegg, Deputy Prime Minister.

The programme funded by the Government’s Regional Growth Fund (RGF) will be delivered across England by the Cavendish Consortium in areas where there are lower levels of business start-up.

Liz Kennett, Manager of the Accounts Department of ABDS comments:
“The new Start and Grow programme will specifically target start-up businesses who are investing to stimulate growth and create employment from an early stage.  It will offer a package of support to help those new businesses grow faster, achieve higher survival rates and employ more.  The support will include one to one advice, business skills training, mentoring, access to finance support and business planning.”

Kevin Horne, Chairman of the Cavendish Consortium said: “The Cavendish Consortium is made up of the leading enterprise agencies in the country alongside National Enterprise Network and it is dedicated to supporting entrepreneurship and enterprise across the country. The RGF funds will allow us to run an intensive support programme for new businesses that have growth ambitions”

The Government’s Regional Growth Fund has invested nearly £3 billion to help businesses in England to grow; so far generating over 100,000 jobs. 
 
56 new awards in Round 6 and 7 through exceptional RGF support – announced on 12 February 2015, gives £297 million to 63 projects and programmes to create and safeguard thousands more jobs and unlock an additional £1.5 billion private sector investment.

If you need any help and advice on Business Plans, Management Accounts, Budgets and Cash Flow Forecasts, contact Lavinia Newman, Stuart Coleman or Liz Kennett NOW to discuss how ABDS can help in all your financial planning.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

Brilliant with numbers   
Great with people  
Clear and precise with advice
Timely and cost effective 
In touch with issues that face our clients and
mindful of their long term strategic goals

Helping Your Business is Our Business

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