Iain Wright – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Iain Wright on 2014-04-09.

To ask the Secretary of State for Business, Innovation and Skills, with reference to Growth is Our Business: A Strategy for Professional and Business Services published in July 2013, what progress his Department has made in the development of the growth voucher scheme; and if he will make a statement.

Matthew Hancock

Since its launch in January 2014, the Growth Vouchers programme has attracted over 2,500 applications from small businesses and more than £2.5m worth of vouchers have been distributed. Vouchers can only be spent on strategic advice in 5 key areas; raising finance and managing cash flow; recruiting and developing staff; improving leadership and management skills; marketing, attracting and keeping customers; and making the most of digital technology.

We have been working closely with the Professional and Business Services sector and so far over 2,700 private sector business support providers offer their services through a new online marketplace (run by Enterprise Nation), of which over 1,000 are approved to deliver advice under the Growth Vouchers programme.

Providers interested in offering their services should register at: marketplace.enterprisenation.com/marketplaces/users/new

Businesses wishing to apply should visit: www.gov.uk/apply-growth-vouchers