Exciting opportunity for West Yorkshire SMEs to access real sustainable business growth support

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More than 280 small to medium-sized businesses (SMEs) in West Yorkshire are set to receive expert growth support that aims to maximise their potential by focusing on the future, working with businesses.

Oxford Innovation Advice has been contracted by West Yorkshire Combined Authority, as part of their £11.4m investment into the region to drive growth and innovation, to deliver the Good Growth programme.

This project is funded by the UK Government through the UK Shared Prosperity Fund. The Good Growth Programme is being delivered by Oxford Innovation Advice, led by the West Yorkshire Combined Authority as part of the Mayor’s ambition to make West Yorkshire the best place to work, learn and live.

This exciting new programme will equip ambitious businesses with the knowledge and tools to sustain their growth over the long term while strengthening West Yorkshire’s innovation ecosystem, promoting collaboration among SMEs, and generating positive social and environmental impacts.

The Good Growth programme will be open to all small to medium sized businesses in the region offering an opportunity for those businesses within underrepresented groups, including BAME and disabled-led SMEs, to receive the support that is specifically required for them.

Jane Galsworthy, Managing Director of Oxford Innovation Advice, commented: “The Good Growth programme is focused on supporting small to medium businesses to improve their growth sustainably. We are positive that this tailored approach will bring impactful results for SMEs and the economy of West Yorkshire.

“We previously delivered a successful programme in the region called the Strategic Growth Programme, helping more than 400 businesses to take strategic steps to realise their growth ambitions. This new programme builds upon our earlier experience to deliver economic growth that is much more inclusive and delivers environmental and social benefits.”

She continued: “There is so much potential in the region and the Good Growth Programme will provide expert advice and guidance to help all ambitious businesses achieve their goals.”

The programme will help SMEs achieve sustainable growth that increases profits and employment, whilst also delivering positive impacts for the environment and society.

This support is bespoke, to ensure that SMEs don’t waste time or money, allowing businesses to focus on priority areas that will underpin future growth. All eligible businesses will receive access to Oxford Innovation Advice’s market-leading business diagnostic tool, GROWTHmapper, a bespoke growth plan, expert business advice, online learning resources, and the opportunity to join peer networking sessions.

The Good Growth programme is delivered by a highly experienced team of local delivery Client Managers who have first hand experience of the growth challenges faced by SMEs, ensuring that they are better equipped to support eligible businesses and develop effective plans for progression.

Mayor of West Yorkshire, Tracy Brabin said:

“West Yorkshire is the best place in the country to start and grow a business. The multi-million-pound investment into vital projects will support our local businesses to drive innovation and create good, well-paid jobs. And it will help to grow our economy as we work to build a stronger, brighter West Yorkshire that works for all.”

Five high-quality masterclass sessions that focus on marketing, finance, digitalisation, people and skills, and net zero delivered by experts will also be on offer throughout the programme. These sessions connect growing businesses with a network of likeminded business owners whilst also providing expert insight on key business topics.

Business growth does not happen by accident. Oxford Innovation Advice understands the key challenges faced by growing businesses and how expert advice can play an important role in helping small businesses achieve their growth ambitions. To find out more, visit www.wygoodgrowth.co.uk

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Oxford Innovation Advice offers Insights into SME needs and policy effectiveness for policy makers, funders and business support commissioners. It draws on our 30 years’ experience of delivering positive economic growth by enabling scale-ups to achieve their full potential. Each edition concludes with an ‘Implications for funders and Policy makers’ section.

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