From jamie.goodwin@hullcc.gov.uk | Thursday 23 April 2020
The scheme can help Humber businesses to plan for a return to work when Government restrictions are lifted.
Humber businesses which were in a position to scale up before coronavirus could become more resilient and access new markets with the help of a development programme.
The Humber Local Enterprise Partnership’s (LEP) Scale Up programme has supported several cohorts of Humber businesses which needed support to grow their operations since launching in October 2019.
The programme, part of the Humber Business Growth Hub, was designed to support established businesses ready to scale up operations and had either grown turnover or staff numbers by 20 per cent in the previous 12 months, or who had ambitions to do so within a year.
The scheme can help Humber businesses to plan for a return to work when Government restrictions are lifted.
It can also support them to plan for the recovery and their growth in the medium to long term, while also helping them explore and capitalise on new market opportunities that this crisis may generate.
Kishor Tailor, chief executive of the Humber LEP, said: “While we understand many businesses are currently facing difficulties with extremely challenging trading conditions due to the economic impact of the coronavirus crisis, others are in a position to keep growing their companies, but may need support to become more resilient and more adaptable during this time.
“Whilst we have much support available for businesses that are currently struggling to deal with the impacts of Coronavirus, we want those businesses who were in a position to scale up before the lockdown to know that support is very much still available to help tailor their direction and path to scaling up, and that we can help them to adapt to these difficult current conditions.”
To be eligible for this fully funded scheme, businesses must be an SME, operate within the Humber region, have at least 10 full-time or equivalent staff, and have a genuine ambition to scale up.
Interested businesses should contact the Scale Up Programme by emailing HumberLEPscaleupprogramme@winning-pitch.co.uk
Find more information on the Scale Up Programme here.