Local Growth Hub programme pays off

Local Growth Hub programme pays off

The Local Growth Hub has reached another milestone having supported 25 SMEs from across the Liverpool City Region over the past six months.

The New Markets 2 programme, delivered by the Liverpool City Region Local Enterprise Partnership (LEP), has awarded more than £70,000 of support to businesses based in Liverpool City Region to enable growth, resulting in the potential creation of 30 jobs.

The programme, launched in December 2015, provides a method for established SMEs with a turnover of less than €50m to access a 35% grant for commercial advice to support and assist their growth strategies.

Services available to businesses include: financial and legal advice, strategic development including marketing and sales development and export development.

LEP managing director, Mark Basnett, said: “We are delighted our New Markets 2 Programme has helped to equip over 25 companies across the Liverpool City Region with commercial consultancy and support they need to accelerate growth and job creation.

“SMEs are one of the biggest drivers of the economy in the business community therefore ensuring their longevity and growth is vital to help deliver economic prosperity across Liverpool City Region.”


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