Start & Grow will help budding entrepreneurs in their ambitions for sustainable growth and job creation. It replaces the Ready for Business programme, after three years in which 771 new businesses were created and 724 jobs delivered.
The programme gives participants the chance to develop their ideas and start their business, specifically targeting people who haven’t yet launched their business but are looking to achieve high growth and create employment opportunities from an early stage.
Carole White, chief executive of TEDCO Business Support, comments: "Ready for Business has been a proven success in the region, helping individuals set up new ventures and create new jobs from across a wide range of sectors.
"We are confident that Start and Grow will build on this success as our team of skilled business advisors get straight to work delivering the kind of tailored business support on a local level which turn ideas into thriving enterprises.
"Through our partners, Virgin StartUp, we are able to offer a range of additional programmes to help new businesses get up and running. TEDCO is the delivery partner for Virgin StartUp in the region, offering individuals low-cost business loans to provide much-needed finance to get a business off the ground."
Supported by the Regional Growth Fund (RGF), Start & Grow will be delivered across England by the Cavendish Consortium in areas where there are lower levels of business start-up.
Kevin Horne, Cavendish Consortium chairman, says: "The enterprise support organisations and partners involved in the delivery of the previous Ready for Business programme have vast experience and success in supporting pre start-ups with business advisory and training services - in many cases built up over 30 years. It is fantastic that we will now be able to support more start-ups through this new RGF funded programme, using our proven expertise to offer a unique and dedicated support package to new businesses."
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