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Our thoughts on the latest developments impacting your business.

Access UKSPF ‘Levelling Up’ funding support

The UK Government has announced a strong package of funding support for qualifying British based businesses and you can access this UKSPF ‘Levelling Up’ funding support now.  There are a total of six strands of funding provided by the UK Shared Prosperity Fund (UK SPF) that will bring benefits to companies from start-ups to high growth firms.

There are three that we can provide support for; –

  • High Growth & Innovation
  • Business Energy – Reduced consumption
  • Made Smarter

You can find out more about these schemes by clicking this link and setting-up an initial informal telephone discussion with us now. Alternatively, a summary of each follows below.

High Growth & Innovation

The first of these UK SPF streams will provide up to 28 hours of fully paid-up support from some of the regions most professional consulting firms. Companies who understand your issues and will know precisely how to help you resolve them. These could be challenges with technology, operations or even human capital. To qualify, you need to be based in North Warwickshire Borough, Nuneaton and Bedworth, Rugby, Stratford-upon-Avon or Warwick. You can be a limited company (Ltd), limited liability partnership (LLP), social enterprise or charity. You can be targeting high growth (such as increasing staff head count or geographic expansion) or be looking at new innovations to further catapult your company’s success, or even need financial support to help stabilise your company’s security and manpower prior to the launch of new targeted initiatives.

To access UKSPF ‘Levelling Up’ funding click this link and set-up an initial informal telephone discussion in the first instance to find out more and register your interest. The ‘Levelling Up’ scheme is set to end in March 2025, but don’t delay, it could end sooner if demand is particularly high.

Business Energy – Reduced consumption

This UK SPF helps you contribute to a green, growing and sustainable economy across Warwickshire by adopting energy efficient methods. This may initially seem daunting, but we’ll start by helping with an energy audit and compiling bespoke decarbonisation plans to identify areas where greenhouse gas savings can be made, helping you and your staff better understand the role they can play in low-carbon adoption. To qualify, you need to be based in North Warwickshire Borough, Nuneaton and Bedworth, Rugby, Stratford-upon-Avon or Warwick. You can be a limited company (Ltd), limited liability partnership (LLP), social enterprise or charity.

To access UKSPF ‘Levelling Up’ funding click this link and set-up an initial informal telephone discussion in the first instance to find out more.

Made Smarter

The ‘Made Smarter’ scheme has been developed to help British manufacturers improve product efficiency by empowering them to embed support for 4.0 technologies. These IT led initiatives help to convert hidden data about machine usage and waste materials into highly visible data that firms can use to make positive actions. Improvements in raw materials, labour usage, set-up costs as well as reductions in downtime, can significantly help firms to lower costs and improve profits as well as their own longevity. There are two pathways for qualification 1-9 employees and 10-249. You also need to be based in the West Midlands to take advantage of our offer, although the scheme is available countrywide. The initial audit and an element of the investment arising from it is available for up to £20k of matched funding.

You can find out more about the scheme and how it can specifically help you, by clicking this link and setting-up an initial informal telephone discussion in the first instance. The scheme is set to end in March 2025.

Before you do though, why not take a read of this earlier blog?

Biography

Nigel was voted ‘One of Britain’s Top 50 Small Business Consultants’ & is both a Fellow of the CIM; a Chartered Marketer and an Ambassador for private equity & exit planning and has run Genesis since 2003.

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