Small businesses can now register their interest in joining the Government’s Help to Grow scheme, it has been announced.

Revealed earlier this year, the £520 million initiative is designed to help new businesses restart and recover after the coronavirus pandemic.

Here’s what you need to know about the scheme.

Help to Grow: Management programme

The 12-week “Help to Grow: Management” programme – starting this June – will be delivered by leading business schools and is designed to help business owners develop their strategic skills with key modules covering financial management, innovation and digital adoption.

The programme is 90 per cent subsided by the Government, meaning applicants pay just £750 for the course.

Any UK-based business that has been operating for more than one year, and has between five and 249 employees, can apply.

Help to Grow: Digital scheme

The “Help to Grow: Digital scheme” will offer businesses free advice on technology solutions and discounts of up to 50 per cent on the costs of approved software, worth up to £5,000.

This could include technology that helps businesses build customer relationships and increase sales, make the most of selling online, or manage their accounts and finances digitally.

While almost all businesses can apply for free digital advice, the voucher scheme is only available to businesses that have been trading for more than 12 months, are registered with Companies House, employ between five and 249 workers, and are purchasing approved software for the first time.

To register your interest, visit the Help to Grow website here.

For help and advice with related matters, please get in touch with our expert start-up business team today.