Boost

Are you looking to grow your business?

Lancashire (Boost) is the £7.8m Lancashire Business Growth Hub. It is led by the Lancashire LEP (Local Enterprise Partnership) and Lancashire County Council and supported by funding from the European Regional Development Fund (ERDF).

The role of Boost is to help growth-hungry Lancashire businesses realise their potential by providing simple access to a range of leading-edge funded programmes, delivered by specialists with a track record of growing established and innovative start-up businesses.

The support available

The business support programmes being delivered under the Boost service include:
• Growth Support Programme, provided by Winning Pitch and Enterprise4all: Practical advice, support and coaching for owners of high-growth start-ups and early-start businesses.

• Growth Mentoring, provided by Community & Business Partners and Orvia: Support for SME business owners from experienced mentors in areas such as business planning, finance, sales, marketing and HR.

• Innovation Clinic, provided by UCLan: Support in areas like product design, engineering, testing and prototype development to enable business owners to grow through innovation and development of new products and services.

• Access to Finance, provided by North West Access to Finance: Free finance consultancy support to help Lancashire SME businesses identify and apply for suitable forms of finance.

Boost also helps businesses access specialist private sector business support, as well as other nationally funded programmes, where relevant. Additional funded business support programmes are set to be announced later this year.

The results

Between July 2013 and July 2015, Boost provided growth advice and support to over 2,400 local businesses across Lancashire, with many benefiting from tailored programmes of consultancy, grants or mentoring to support their growth. Boost has so far helped to create over 1,200 jobs and new economic activity valued in excess of £50m.

In November 2015, Boost secured £7.8m of new funding to run for a further three years from January 2016. The service is aiming to support a further 3,360 businesses in the county, creating 2,000 jobs and helping to establish 200 new businesses.

Find out more

More information on Boost Business Lancashire is available from www.boostbusinesslancashire.co.uk. To start your growth conversation, call 0800 488 0057.

About Boost Business Lancashire

Eligibility criteria apply, visit www.boostbusinesslancashire.co.uk for more information.

Boost Business Lancashire has received £3.8m of funding from the England European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government is the Managing Authority for ERDF. Established by the European Union ERDF funds help local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding.