White Collar Consultants Limited

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01952 780 220


£2000 Growth Voucher for SME


What are Growth Vouchers?

The Department of Business Innovation and Skills set up ‘Growth Vouchers‘. This enables SMEs to access up to £2000 matched grant funding to help their businesses grow and thrive. The idea behind the initiative is to test whether through the use of subsidised business advice, small businesses can really benefit.
In order to be eligible, you need to:
• be trading as a business
• have a turnover of less than £45m
• have less than 250 full time employees
The Growth Vouchers programme will distribute vouchers to around 20,000 small businesses in England, focusing on small businesses who have never sought business advice before. Businesses looking for advice must apply to the programme online and they will be randomly assigned to an online questionnaire or face-to-face business advice assessment.
On what kind of support can I spend my Growth Voucher?

Growth Vouchers can be used to obtain strategic advice on any of the following categories:
• Managing cash-flow, late payments and negotiating finance
• Developing skills and taking on staff
• Improving Leadership and Management
• Marketing, attracting and keeping customers
• Making the most of digital technology
What is the value of a Voucher?

The Government will match your spend up to a maximum value of £2,000. This means you can spend as much or as little as you want on the advice but the maximum contribution from the Government will be £2,000.
Over £400,000 worth of support has already been accessed by Shropshire companies, don’t miss out when the national funding level hits £30m then the funding will stop. Act now to ensure your business is able to benefit from this grant scheme.
I’m a small business. How can I get a Growth Voucher?

You will be able to apply via https://www.gov.uk/apply-growth-vouchers. If you meet the criteria, you will then be guided through a diagnostic filter which will help you assess your business needs. The process will be done either on-line or through a face to face meeting with an adviser. After this, you will be notified if you have received a voucher.

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