High Growth Programme is launched
East Midlands Development Agency (emda) launched its specialist support for businesses that are achieving growth or that are preparing for high growth.
The High Growth East Midlands programme is designed to offer world-class support, advice and mentoring, with the aim of increasing the profitability of businesses.
The £3.7 million programme has been launched following a successful High Growth pilot that took place during 2006 with 20 companies. The majority of companies that participated in this benefited from a 25% increase in turnover and a total of 387 jobs were created.
There are two main elements to the new support programme, one for those that are ready for growth and another for those that are already growing.
The Growth Readiness programme is aimed at those companies that are ready for growth. It provides a six-month package of support which includes diagnosis of the potential for development; a one-day coaching module for businesses, strategic planning and five days of individual coaching.
For businesses that are already growing, the High Growth programme provides 20 days of intensive coaching and a three day residential masterclass for Managing Directors and Chief Executives which has been designed by the Nottingham Business School.
The official launch of the High Growth East Midlands programme took place at Colwick Hall, Nottingham on 31st January with guest speakers including entrepreneur Sahar Hashemi, founder of the Coffee Republic chain of coffee shops and Dr Bryan Jackson, Chairman of the East Midlands Development Agency.
For further details about High Growth East Midlands, telephone 0845 365 4769 or visit www.hgeastmidlands.com