Greater Manchester Combined Authority (GMCA) has granted GM Business Growth Hub a £7.5 million investment as part of the UK Shared Prosperity Fund. The aim is to provide specialised support for businesses of any size and specialism in Greater Manchester to help them grow, innovate, and explore new markets over the next two years. The support would include practical and specialised assistance in fields such as upskilling and vendoring as well as decarbonisation and innovation. GM Business Growth Hub – part of The Growth Company – will also provide a contact centre to offer help with queries such as VAT registration and skills development.
Each local authority in Greater Manchester will also be allocated a group of advisers who will work alongside its councils. The flexible service will be tailored to the clients’ commitments, available either virtually or in person, during or outside working hours, and can be given on a one-to-one or collective basis.
Janine Smith, director of GM Business Growth Hub, commented that working with GMCA and the ten local authorities is crucial in building on the decade of business support delivered since 2011. GM Business Growth Hub has helped more than 90,000 businesses and individuals wishing to start a business since then, created over 14,793 jobs, and safeguarded a further 12,309. According to the Councillor Bev Craig, Leader of Manchester City Council & Greater Manchester’s lead for Economy, Business, and Inclusive Growth, the investment and new program will ensure that support is targeted at the city-region’s diverse business base and tailored to the needs of the business community