Get Growing 2 Project Adapts to Support More Hertfordshire SMEs
Small and medium-sized businesses (SMEs) across Hertfordshire can access grants of up to £5,000 or one-to-one advice, as part of a package of tailored business support from Hertfordshire Growth Hub.
In response to the COVID-19 pandemic, the Get Growing 2 project, funded by the European Regional Development Fund (ERDF), has been reviewed and realigned to meet changing market needs and provide support to more local SMEs that have the potential to grow, but need help to adapt and strengthen in order to minimise the impact of COVID-19.
The original grant, available to SMEs on the programme, has been increased by £2,000 (to a total of £5,000) to fund 45% of eligible expenditure and help local SMEs through these uncertain times. Eligibility requirements have been expanded to include SMEs who first need to stabilise and minimise the impact in order to then grow.
“Get Growing 2 provides a structured package of comprehensive support to SMEs that have the potential to grow. Due to the recent COVID-19 pandemic, this now includes SMEs who first need to stabilise” says Sian Ryan, the Growth Hub’s Head of Service.
“Following initial registration on the website, eligible companies will speak to a dedicated Growth Account Manager, who will carry out an in-depth analysis of the business to help us understand their challenges and barriers to growth as well as opportunities for development.
We then put in place a detailed, bespoke action plan to help overcome the barriers. We will then work with the business to implement the key actions identified either directly or through our network of specialists. For SMEs impacted by COVID-19, we look at ways to adapt and strengthen the business to mitigate the impact and work towards achieving their growth aspirations.”
The £5,000 grant will allow eligible SMEs to access external skills, knowledge and expertise via the Growth Hub’s online Marketplace, with Growth Account Managers monitoring progress and providing ongoing support. Throughout the programme, SMEs are invited to attend exclusive events, webinars and workshops on key business-improvement topics.
If you're interested in receiving in-depth advice or accessing the business grant, click here to register. You’ll gain immediate access to our online Marketplace, where you can find a wealth of finance and funding information, including Get Growing 2.
Please note: Eligibility criteria and T&Cs apply, register to find out more.