Ambitious local businesses still looking for growth

The national Growth Accelerator service was recently launched to support businesses looking to double their turnover in the next three years. Over 600 companies nationally have already signed up for the service, and St John’s Innovation Centre are already engaged with over 50 local companies looking to achieve this level of growth.

Since launching the programme, St John’s team of growth managers and business coaches have begun supporting local companies, helping them to accelerate their growth and avoid costly common pitfalls. In the past three years they have supported regional companies to raise over £17M in equity and bank finance whilst also supporting many with developing new products, growing their team, or progressing from strategy to implementation.

The national Growth Accelerator service is designed to support companies who have the ambition, capacity and capability to double their turnover in the next 3-5 years. It is part of a flagship government initiative to drive private sector growth in the economy with an ambition to deliver £2bn of growth. It is an England wide service, delivered locally, targeting businesses with high growth potential and the ability to grow by 20% per annum by offering bespoke, intensive 1:1 coaching support to small and mid-sized companies designed around their individual barriers to growth by helping them to:

  • Appreciate their true potential for growth and set achievable goals
  • Identify and overcome the barriers holding them back
  • Attract investment by developing their funding proposition and introducing them to funders
  • Stimulate product development, commercialise their innovation and motivate their employees
  • Energise their plans with one-to-one leadership and management advice
  • Meet peers who’ve tackled the same barriers as them

The service can support businesses of all shapes, sizes and sectors, from RF Antenna designers to Pet Food Suppliers. With experience helping thousands of businesses to unlock their true growth potential –the programme’s impressive coaching panel spans a broad range of expertise including high-tech, life sciences, telecoms, manufacturing, construction, logistics and food.

Janette Pallas, Growth Manager at St John’s Innovation Centre, said: “Growth Accelerator is about helping businesses to find new and exciting opportunities to grow by working alongside some of the UK’s top business coaches.  We can help help companies to identify and overcome their barriers to growth and offer support to increase the quality of a Company’s financial proposition, connect growth companies with the right sources of funding or help them to develop their team.”

If you are growing rapidly and want to ensure you achieve your aims, then see www.growthaccelerator.com to see the wide range of ways in which you can be assisted.

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For more information and to see if you are eligible to enroll on the programme call Janette Pallas, Kirsten Masson or Alex Short on 01223 420252 today or email coaching@stjohns.co.uk

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