Building business support

Navigating the business support world can be tricky for small companies. However, a new initiative might make the exercise easier and end confusion.

The government has launched a campaign this month that is designed to help businesses in England find out about the full range of support that is available to them.

It says the move is part of its drive to “make the UK the best place in the world to start and grow a business”.

And it means that all of the government’s business support schemes are now accessible through a new website which can be found at www.businesssupport.gov.uk/

As part of the new campaign, that government support will also be advertised across a range of media, from billboards and newspapers to radio and social media.

So, what is available to businesses? The support schemes have been divided into four key areas on the new website:

Finance and business planning
Funding for new businesses and support to help existing business grow, dealing with late payments, and equity and debt finance

Leadership and talent
Mentoring schemes, help with recruiting, developing leadership skills or joining a network.

Innovation and technology
Funding for innovation, adoption of new technology, intellectual property and finding partners for innovation.

Exporting
Support for doing business internationally and expanding online.

The new website also provides access to a ‘Business Support Helpline’ and has a LiveChat function available.

Announcing the launch of the new campaign, the government’s business secretary Alok Sharma said: “We want to make the UK the best place in the world to start and grow a business.

“As part of delivering this ambition we are putting all of government’s business support together in one place to ensure more businesses can unleash their potential.”

If you would like to discuss what types of business support would work best for you, please contact me on 01772 430000