Business Growth Warwickshire Continues to Support Local Businesses
Business Growth Warwickshire, a program commissioned by Warwickshire County Council, has received an additional £3.3 million in funding from the UK Shared Prosperity Fund to extend its services to over 500 local businesses. The program aims to create over 67 jobs, safeguard 269, and improve productivity for over 160 businesses within 12 months. A further £1.25 million is available from the Department for Energy Security and Net Zero (DESNZ) to provide grants for energy efficiency recommendations.
The program consists of six initiatives: Warwickshire Business Start-Up Support Programme, Warwickshire Business Resilience and Growth Programme, Business Ready - Warwickshire High Growth and Innovation Programme, Warwickshire Manufacturing Growth Programme, Visitor Economy & Hospitality Business Support Programme, and Business Advice Energy Service. These programs offer various forms of support, including one-to-one business coaching, workshops, and energy assessments.
Key Takeaways:
- Over 500 Warwickshire businesses will benefit from the continuation of Business Growth Warwickshire.
- The program aims to create over 67 jobs and safeguard 269 while improving productivity for over 160 businesses.
- Over 125 businesses will receive free energy assessments to help them identify cost-effective energy saving measures.
- Businesses can benefit from various forms of support, including one-to-one coaching, workshops, and energy assessments.
- The program has received an additional £3.3 million in funding from the UK Shared Prosperity Fund, and £1.25 million from the Department for Energy Security and Net Zero (DESNZ).
- The program consists of six initiatives tailored to support businesses in different stages of growth.
Statistics:
- Over 500 Warwickshire businesses will benefit from the continuation of Business Growth Warwickshire.
- The program aims to create over 67 jobs and safeguard 269 within 12 months.
- Over 125 businesses will receive free energy assessments.
- The program has received a total of £4.55 million in funding (£3.3 million from the UK Shared Prosperity Fund and £1.25 million from DESNZ).
- The program consists of six initiatives, including Warwickshire Business Start-Up Support Programme and Business Ready - Warwickshire High Growth and Innovation Programme.
Sources:
- Warwickshire County Council news release, citing the UK Government's press release.
- Warwickshire County Council, citing the UKSPF Investment Plan for 2025/26.