HomeBussinessBoost-supported businesses among BIBAs 2024 winners | Lancashire County Council News

Boost-supported businesses among BIBAs 2024 winners | Lancashire County Council News

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For further information, contact the Boost media office at Freshfield (01772 888400):

 

About Boost:

Led by Lancashire County Council, supported by Government and ten local authorities, Boost is Lancashire’s Business Growth Hub, one of 41 Growth Hubs in the UK.

Boost’s mission is to help Lancashire businesses thrive.

Since 2013, Boost has supported over 14,000 businesses, helping create 3,500 jobs while adding £100m to the local economy.

From September 1 2023, Boost is funded by Lancashire County Council, Department for Business & Trade (DBT), and UK Shared Prosperity Fund (UKSPF) allocations from ten Lancashire local authorities (Boost local authorities partners). UKSPF is part of the succession to EU structural funds.

Boost’s local authority partners are Blackburn with Darwen Council, Burnley Council, Chorley Council, Fylde Council, Hyndburn Borough Council, Pendle Borough Council, Preston City Council, South Ribble Borough Council, West Lancashire Borough Council and Wyre Council.

Boost offers six core services including:

  • Business Support Helpdesk: A service that offers advice and guidance on available local, national and sector business support.
  • Business Advice Service: A service that matches a business with an adviser and includes a business review, a business support action plan, business clinics and regular updates.
  • Growth Catalyst: A service to help established businesses ready to take their business to the next level.
  • Scale to Thrive: An exclusive service for businesses over £1m turnover looking to scale 20% year on year.
  • Flying Start: A service that helps people start a new business or grow a young business.
  • Access to Finance: A service that helps businesses find and secure the finance and funding they need.

Boost also provides an online directory of all funded business support available to Lancashire businesses, as well as an event directory, a knowledge hub and information about private sector business support.

The Business Support Helpdesk offers advice and guidance to anyone thinking of starting a business and all new and existing businesses in Lancashire. The Helpdesk provides information on local, national and sector programmes, and funding support help businesses start, grow and scale. The Business Support Helpdesk is available to businesses across all Lancashire local authorities.

Businesses located in the ten Boost local authority partner areas are eligible for the Business Advice Service, Flying Start, Growth Catalyst, Scale to Thrive and Access to Finance.

The Boost business support services will be delivered by a number of specialist local and national business support organisations including Growth Lancashire, Selnet and the Growth Company, with Lancashire County Council delivering the Access to Finance service.

The Growth Hubs across England are designed to provide local businesses of any size or sector with access to advice and support via an impartial, funded, single point of contact. They bring together national and local support from across the public and private sectors to help businesses find the right support for their needs, at the right time, at any stage of the business journey.

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