Financial support for Leicester businesses
Are you looking for additional funds to support and grow your business?
If you are there are a range of sources of grants, loans and support available to Leicester businesses and those in the local area, the regional growth fund is just one way your business could secure support to strengthen and grow.
The Regional Growth Fund (RGF) is a £3.2 billion fund, helping companies throughout the East Midlands region to grow. The RGF supports projects and programmes that are using private sector investment to create economic growth and sustainable employment. To date £2.6 billion of funding has been distributed to a variety of companies, projects and programmes who have committed to delivering 550,000 jobs and £14.7 billion of private investment.
One of the main focuses for which grants and/or loans can be obtained for SMEs in Leicester is for creating and protecting jobs. Up-skilling your existing workforce is seen as an effective way to motivate employees and increase efficiency. For example, did you realise that by supporting employees to obtain a QCF (NVQ) qualification in business administration you will:
- Offer new and existing employees the opportunity to improve their skills and gain recognised qualifications.
- Provide employees with training and formal qualifications, your business will directly benefit through increased productivity and an improvement in business performance.
- Invest in employees making them feel valued, increase morale, leading to an improvement in staff retention rates and reduced recruitment costs.
Alternatively employing an apprentice is an extremely cost effective way to add capacity to your workforce. Apprenticeships can deliver for your business and help it grow by:
- Reducing your training and recruitment costs
- Increasing productivity and your bottom line
- Developing a skilled, motivated and qualified workforce
- Improving your customer service results
- Providing financial return on investment.
For more information about how Regent College can support your training and apprenticeship needs contact Rebecca Paget on Leicester 0116 2554629 or email email@example.com
For more information on the RGF, please visit https://www.gov.uk/understanding-the-regional-growth-fund#what-it-is