June 14, 2024

The Government’s Help to Grow Management scheme draws strong interest.

Over 4,000 small businesses registered interest in the Government’s Help to Grow: Management scheme within the first 24hrs, with over 1,000 in the first 30mins of the budget announcement, highlighting the huge demand for this scheme.

Help to Grow Management is a nationwide management programme for small and medium sized businesses, which will be delivered through the Small Business Charter and leading business schools.It  was announced by Chancellor Rishi Sunak in Wednesday’s Budget and will give 30,000 small business leaders and managers the opportunity to take part in a practical management training programme to help boost their business’s performance, resilience, and growth potential.

The 12-week executive development programme will be led by business and enterprise experts from top university business schools across the UK, and feature case studies from entrepreneurs and guest speeches from leading industry figures.

All business schools delivering the programme have been accredited by the Small Business Charter, a national accreditation awarded by small businesses to business schools who excel in supporting SMEs and the local economy.

Anne Kiem, chief executive of the Chartered Institution of Business Schools, said: “This represents a fantastic opportunity for the nation’s small businesses to experience the first class practical support on offer in the UK’s business schools. Through evidence-informed business and management education, this timely initiative will help small business leaders to drive their businesses towards growth and give the economy, and the millions employed within it, a much-needed boost.”

Rt Hon Rishi Sunak MP, Chancellor of the Exchequer, said:“Too often smaller firms don’t have the time or resources to acquire the extra skills and training they need to be more efficient, more digital and more productive. Help to Grow: Management will help tens of thousands of small and medium sized businesses get world class management training. Government will contribute 90% of the cost – a real commitment to learn more, make more and earn more.”