GrowthAccelerator – Government Backed Growth Programme for SMEs

What is GrowthAccelerator?

GrowthAccelerator is an innovative Private Sector & Government Partnership that supports SME business growth in England. The main focus is ‘high growth’ and businesses can reach 20% annual growth for 3 years through improving T/O, profit and people. This scheme is NOT about market failures or for businesses in crisis, rather it is aimed at ambitious SMES with the desire and capability to grow.

How it works…

  • The scheme is primarily about Business Development Coaching
  • You are assigned an approved Business Coach with a proven track record
  • You will be registered with 1 of 4 private sector Business Growth Organisations
  • The scheme is designed to support SME businesses to achieve full potential
  • High level support, low outlay for the business

Eligibility & Success Rate…

GrowthAccelerator is for UK registered SMEs with fewer than 250 employees and less than £40m turnover. GrowthAccelerator pays the coach, based on client satisfaction.

Success so far

  • 96% of clients would recommend GrowthAccelerator
  • 92% are satisfied with their Growth Coach
  • 96% are on track to achieve their Growth Plan Milestones
  • Small & Medium businesses achieve well above target
  • High growth is not the preserve of start-ups

All Summit Advisory coaches are approved and registered GrowthAccelerator Coaches who have extensive Travel Industry knowledge and a proven track record. This ensures that they have a better understanding of regulatory requirements, better awareness of business models, better knowledge of best practice and the best industry support and backing in the form of the Elman Wall Group.

To find about more GrowthAccelerator, please contact Deborah Potts at Deborah@summitadvisory.co.uk

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