Did you know that your business may be entitled to a voucher for up to £2,000 from the government to help finance specialist business support?
The new Growth Voucher programme helps small businesses get expert advice on:
- finance and cash flow
- recruiting and developing staff
- improving leadership and management skills
- marketing, attracting and keeping customers
- making the most of digital technology
and you will be pleased to know that this includes legal advice!
Provided your business meets certain key criteria and you are selected in the random selection process, you will receive a Growth Voucher for up to £2,000 to help finance specialist business support. You simply need to match the amount with your own funds. The business support needs to be provided by an approved advisor listed in one handy Marketplace hosted by Enterprise Nation. Off to see my lawyer is an approved advisor too, so once you have your Growth Voucher, do feel free to call or email us. Once you have been advised, you’ll be asked to take part in surveys to find out how the programme has helped you. It is as simple as that!
Details on how to apply:
There are around six stages in the Growth Voucher programme, depending on whether or not participants have been allocated a voucher.
Stage 1 Apply to join the programme on the gov.uk website.
Stage 2 Assessment of your advice needs, either by meeting with an adviser face-to-face or by completing an online questionnaire.
Stage 3: After completing the assessment, you will be given a suggestion about which area of strategic advice would be the most appropriate. You will be told, at this stage, whether or not you have been allocated a Growth Voucher.
Stage 4:You can then find a Growth Voucher adviser on the Enterprise Nation Marketplace.
Stage 5:Remember to agree on a price for the advice and check if it’s suitable to be subsidised using a Growth Voucher. Vouchers will cover up to half of the cost of paying for strategic advice up to a maximum of £2,000 (non-inclusive of VAT).
Stage 6: After receiving and paying for the advice, you then submit a claim for the subsidy. You have to provide evidence that the invoice has been paid and give details of the advice received. Claims will be processed on receipt and should be paid within 30 days.
NOTE: Growth Vouchers can only be used to obtain strategic advice that will help a business to grow. It will not subsidise activities such as building a new website or paying for membership of a professional body. DO check with your advisor before purchasing advice to ensure it qualifies for a subsidy.