An estimated 1,300 companies in Hampshire, Dorset, Surrey and Sussex could be eligible for thousands of pounds worth of business support that could help them grow, according to Grant Thornton in Southampton.
GrowthAccelerator is an innovative £200 million service to help up to 26,000 of England’s brightest businesses achieve their growth potential.
The service is delivered by a partnership between four of the UK’s top experts in business growth – Grant Thornton, Pera, Winning Pitch and Oxford Innovation – and the government’s Department for Business, Innovation and Skills.
The service is designed for independent business based in England with fewer than 250 employees and under £40m turnover. Just as importantly, businesses should have the potential for rapid, sustained growth and have the ambition to double or better within three years, whether that’s in terms of people, output or turnover.
An estimated 1,300 companies in Hampshire, Dorset, Surrey and Sussex are believed to fit these criteria and Grant Thornton is urging those eligible to take advantage and seize the opportunity to grow.
Norman Armstrong, Partner at Grant Thornton’s Southampton office, said: “There are some fantastic examples of companies in the region that could benefit hugely from the help GrowthAccelerator is able to give. They are strong and ready to grow but just need the right support and guidance to make their plans a reality.
“Businesses in the South are particularly well-placed to ‘grow global’ by moving onto the international platform and what’s clear is that companies geared towards global demands and exporting goods and services to international markets are enjoying success. GrowthAccelerator will give companies that are ready to do this the tools and advice they need.
“I sincerely hope that businesses in Hampshire, Dorset, Surrey and Sussex who are eligible seize this opportunity with both hands and use the advice and coaching to grow their business and make the South proud.”