Business productivity increases by 86% when training is combined with coaching.*
Are you an ambitious business that needs to increase the management capacity of your business? We have increased the scope and eased the funding requirements of our high impact scale up grants to help you navigate your business during COVID-19.
Getting the right mentoring skills to support your business is crucial, they can be used to help you formulate and implement contingency plans for this period and beyond. It’s also cost effective, the average ROI coaching provides is almost six times its cost.
How We Can Help
High Impact Scale up Coaching Grants of up to £5,000 are exclusively available to ambitious businesses in the West of England. You can apply for between £1,000 and £5,000 of grant funding to help with the cost of coaching in the following areas:
- Business/Executive coaching
- Upskilling management staff
- Bid writing
- Financial forecasting/management
- Business planning
- Lean manufacturing
- Consultancy based non-executive directorship
In order to help your business to respond to the current COVID-19 crisis, we have expanded the scope of our coaching grants so that they can also be used for coaching that supports your business during the pandemic, for example:
- Resilience planning
- Leadership in adversity
- Planning for recovery
- Repurposing manufacturing capacity
In order to be eligible, you need to be:
- an aspirational business
- with approximately 2 years sustained growth
- have between 7 and 250 employees
Grant payments of £1,000 - £5,000 are available to successful applicants investing between £4,000 and £20,000 (excluding VAT) over a maximum 10 month period in the above .
How to Get Started
Contact us to receive your grant application form in the first instance.
You’ll also have the opportunity to discuss your application with one of our expert business advisers. They will run through the criteria and discuss the activity that the grant can be used for to support your business. They will also inform you about the other grant schemes and support available to you.
It’s helpful if you have a business coach in mind you'd like to work with but this is not a pre-requisite for applying. Our advisors can't recommend a specific coach or training provider, but they can suggest resources which will help you make a decision.
The programme will run for 3 years between April 2018 and April 2021 and is supported by the European Regional Development Fund.
* survey conducted by Manchester Inc.