In this newsletter - our next Investment Readiness Accelerator and new grant offer. Find out where you can meet the team, masterclasses to book, and more!
The Latest @ Growth Works.
9th February 2023
, Good afternoon !
As we enter February, how are your growth plans shaping up?
We've got an update on exciting changes to our grants programme. Could you benefit from any of the Growth Works Masterclasses? From developing your Value Propositions to understanding How to Protect your IP, and Building your Supply Chain Resilience. Also, don't forget that you have free access to Grow Smart, the interactive portal packed with resources to help businesses grow.
If you'd like to discuss your unique business challenges and opportunities with one of our advisors, click here to join Growth Works and one of our advisors will be in touch with you to see how we can help. Also see below for events in the next few weeks, where you can come and meet the Growth Works team!
Improved Growth Works Grant Available
Despite these challenging marketing conditions, many businesses are investing to sustain or accelerate their business, and grants of 50% towards your investment are available.
We are very pleased to announce a new addition to our grant portfolio, where clients can now apply for grants for total project costs up to £40k, (with a 50% Growth Works contribution), where 30% of the total grant can be used for CAPEX cost with the remaining 70% for revenue costs. This variation in the grant allows companies to combine their grant to cover different project costs.
Come along to the Peterborough Biscuit Business, the biggest B2B event in Peterborough, promoting the best local businesses. Growth Works is one of the sponsors of this important event, and our team will be ready to meet you at our stand, which is no G03.
Meet our Team at ‘Support for Business to Survive and Thrive in 2023’
Growth Works team members will be speaking at this collaborative event between Anglia Ruskin University Peterborough, Metro Bank, The Chamber of Commerce, FSB, CBI, Growth Works, Make UK and the IOD. The event is on 1 March at the ARU Peterborough campus, starting with a tour of University House - the new £30 million university for Peterborough that opened last year. Keynote speakers, including Kitty Ussher, Chief Economist at the IoD, will be providing their insights to help businesses navigate 2023.
In our blog article this week, Sally Baker, co-founder of Wondrous, the branding, creative and digital marketing agency, talks to Growth Works about the challenges she faced in taking her business through significant growth phases and gives her tips for how she overcame them to achieve their growth trajectory.
The theme for NAW 2023 is ‘Skills for Life’ – reflecting on how apprenticeships can help individuals to develop the skills and knowledge required for a rewarding career, and businesses to develop a talented workforce that is equipped with future-ready skills.
Join us between the 6th – 12th of February to celebrate apprenticeships across our region and explore the opportunities available to both businesses and individuals.
From expert advice from our team to great events from a range of providers and employers, we will be bringing together all the latest events, advice and information for the businesses and residents of Cambridgeshire & Peterborough.
To find out everything you need to know about apprenticeships, visit our online platform.
You can also get involved across all the main social media channels and via the hashtags #NAW2023 #SkillsforLife.
Connecting Local Employment Opportunities to Young People
The barriers to starting a fulfilling journey into professional life for young people are aplenty. Right now, in the UK, 590,000* 16-24-year-olds are NEET (not in education, employment or undergoing training.) Our client, Inspire to Ignite, believe that entrepreneurial activities with young people are key to unlocking their skills and embracing innovation in our economy. Join their ‘Curious about Industry’ Launch follow-up workshop on 23rd Feb which brings together industry leaders and young people to discuss challenges and potential solutions around connecting local employment opportunities with young people.
What's Coming Up At Growth Works
A Guide to Grants
2pm | Thursday 16th February | Online
Join Margaret Hulme, Grant Manager at Growth Works, and gain useful tips on how to effectively access and prepare your application for our Growth Works revenue grant.
Join Andrew Hatcher a seasoned entrepreneur to explore what makes a great value proposition and how that value may appear differently for different customers – particularly when selling B2B.
Join Margaret Hulme, Grant Manager at Growth Works, and gain useful tips on how to effectively access and prepare your application for our Growth Works revenue grant.
IP Twenty One will give you an overview of the function of and reason for the IP protection system, alongside a run-down of what types of IP there are.
Our Foot on the Gas business masterclass will challenge your thinking, help reveal what’s going wrong, explain the vital numbers that you need to know and give you all the knowledge to put an effective growth strategy in place.
This masterclass will help you map, assess and improve the capabilities at all levels of your supply chain, assessing its and your supply chain maturity in relation to different product categories.
Reducing your carbon footprint is good for the planet, but it is also good for business. South Cambridgeshire District Council is hosting a practical, free-to-attend webinar, where industry experts from Tunley Engineeringand Allia will explain what you need to think about when reviewing your carbon footprint, why it’s important for your business to reduce it, and what practical support is available to help your business become more sustainable.
Want to learn in your own time? This a Reminder of Free Access to GrowSmart
GrowSmart is an online learning platform designed to provide SMEs with the knowledge, skills and know-how to scale up their businesses. It combines a series of interactive learning modules, with a comprehensive and continually growing resource library full of quality, in-depth articles and guides, all focused on helping SMEs develop the knowledge and skills needed to overcome common growth challenges. Clients of Growth Works receive free access to GrowSmart – all you need to do is click here to join Growth Works, and you will then receive login details for the GrowSmart portal.
If you're not already one of our clients, you can benefit from so much. And you can pay forward too and help others on the scale-up journey. Just click here to start the simple process, or here to stay in touch with us.
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