By Daniel Hunter

A new business start-up initiative that will build on the success of the Ready for Business programme has been announced by Nick Clegg, Deputy Prime Minister today.

The programme, funded by the Governments Regional Growth fund, will be delivered across England in areas where there are lower levels of business start-up.

The new Start and Grow programme will specifically target start-up businesses who are investing to stimulate growth and create employment from an early stage. It will offer a package of support to help those new businesses grow faster, achieve higher survival rates and employ more. The support will include one to one advice, business skills training, mentoring, access to finance support and business planning.

The Government’s Regional Growth Fund has invested nearly £3 billion to help businesses in England to grow; so far generating over 100,000 jobs.

Dawn Whiteley, Chief Executive of the National Enterprise Network said:

“With the commitment made to this programme, Government has demonstrated the value that start-up businesses have in our local economy and the role they play in business growth.”