By Max Clarke
More than 13,000 small and medium sized businesses and social enterprises that demonstrate a potential for growth will benefit from the Leadership and Management development grant. This will help stimulate innovation and employment, boosting the economy and helping develop a bigger and more cohesive society.
A match funded grant of up to £1,000 can be spent on leadership training and coaching that helps grow the business, improving productivity and competitiveness. The programme also includes a free consultation with an expert adviser before the training commences, as well as a free follow-up to discuss the impact of the training and any further skills needs.
“This Government will back businesses that want to boost their skills. We’re spending more than ever on apprenticeships, freeing up training providers from red tape, and focusing public spending where it is most needed to drive growth,” said Skills Minister, John Hayes.
“Effective leadership can make the difference between survival and growth, and this fund will give vital support to entrepreneurs who want to continue to develop their businesses.”
The fund will be promoted directly to businesses by the regional Leadership and Management Advisory Service and is available starting this month. SME leaders should contact the Leadership and Management Advisory Service.