Best support for businesses across the Sheffield City Region

Published 6th May 2016 at 9:47am

A new service to help businesses get the best possible help to grow has been launched by the Sheffield City Region (SCR).

The Growth Hub arm of the SCR has been launched as a single point of contact for all businesses in the nine local authority areas. It has core funding of £4.82million and acts as a ‘gateway’ for businesses.

Businesses can access specialist support by phone or online in key areas such as innovation, export, accessing finance, and training.

The launch follows a successful pilot project, which has already helped more than 300 regional businesses. It is part of a national roll-out of 39 Growth Hubs across the country, funded by central Government.

David Grimes, Head of the Growth Hub, said: “The Growth Hub means that wherever you are in the Sheffield City Region you will have the same access to the same level of support.

“Whether your business is large or small, new or well-established, you will have just one place to go to find out about, and access, the best possible advice that suits your needs.”

The Growth Hub is working with, and will be signposting to, industry experts. They include successful companies, consultancies, universities, Chambers of Commerce and local authorities.  National partners include Innovate UK, UK Trade and Investment, and a wide range of other business supporters.

Businesses may also access help from one of the Growth Hub’s own growth advisors; all of whom have extensive experience of running businesses.

The Growth Hub includes a £22m Business Investment Fund, a Skills Bank fund of more than £17m and access to the Sheffield City Region European Structural Funds of approximately £90m.

The overall ambition of the Sheffield City Region LEP is to help create 6,000 new businesses and 70,000 new jobs by 2025, by encouraging innovation, investment and collaboration.

Paul Houghton, chair of the Business Growth Board and managing partner of Grant Thornton in Sheffield, said: “The official launch of the Growth Hub is great news for businesses across our region. It is all part of the LEP’s ambitions to grow the city region economy by working together to create a stronger and bigger private sector that can compete in national and global markets.

“Whether you are a creative technology start-up looking for financial advice or business training, a manufacturer looking to export your product to a new overseas market, or any other business looking to grow and expand, then the Sheffield City Region Growth Hub can help you access the support that you need.”

Diana Terris, chief executive of Barnsley Council, one of the nine local authorities within the Sheffield

partners include Innovate UK, UK Trade and Investment, and a wide range of other business supporters.

Businesses may also access help from one of the Growth Hub’s own growth advisors; all of whom have extensive experience of running businesses.

The Growth Hub includes a £22m Business Investment Fund, a Skills Bank fund of more than £17m and access to the Sheffield City Region European Structural Funds of approximately £90m.

The overall ambition of the Sheffield City Region LEP is to help create 6,000 new businesses and 70,000 new jobs by 2025, by encouraging innovation, investment and collaboration.

Paul Houghton, chair of the Business Growth Board and managing partner of Grant Thornton in Sheffield, said: “The official launch of the Growth Hub is great news for businesses across our region. It is all part of the LEP’s ambitions to grow the city region economy by working together to create a stronger and bigger private sector that can compete in national and global markets.

“Whether you are a creative technology start-up looking for financial advice or business training, a manufacturer looking to export your product to a new overseas market, or any other business looking to grow and expand, then the Sheffield City Region Growth Hub can help you access the support that you need.”

Diana Terris, chief executive of Barnsley Council, one of the nine local authorities within the Sheffield City Region, said: “We welcome this new support service, because we know that the public

sector and private sector working together will make our region stronger. We have shown that in Barnsley with our own ‘Enterprising Barnsley’ business support programme, which will now form part of the overall Growth Hub offer.

“To compete on a national and international stage we know we need the best support for our businesses and this is what the Growth Hub will give us.”

The Growth Hub can be contacted on 03330 00 00 39, emailing scrgrowthhub@sheffieldcityregion.org.uk  or visit www.scrgrowthhub.co.uk

 

Photograph shows Paul Houghton, chair of the Business Growth Board, which oversees the Sheffield City Region Growth Hub.

For more information about the Growth Hub go to http://www.scrgrowthhub.co.uk or contact David Grimes on 0114 2203424 or at david.grimes@sheffieldcityregion.org.uk

6th May 2016