Where ambitious businesses go to grow Presentation by Colum Smith Area Director - Winning Pitch Team Leader – GrowthAccelerator E mail: [email protected].

Where ambitious businesses go to grow

Presentation by

Colum Smith

Area Director - Winning Pitch

Team Leader – GrowthAccelerator

E mail: [email protected] Office: 0191 4998401Mobile: 07738355733

Were looking for successful business, ready for the next big phase of growth.

GrowthAccelerator provides a framework to help you:

• build a successful growth strategy

• discover new routes to funding and investment

• unlock your capacity for further innovation

• unite and develop your leadership team

How is GrowthAccelerator different?• GrowthAccelerator exclusively targets high growth

businesses wanting to enter their next growth phase and who have the potential and determination to get there

• It's a bespoke service, focused on the specific needs of your business

• It is delivered by private sector growth experts- Grant Thornton, Winning Pitch, Pera, Oxford Innovation- and backed by Government

• It is outcomes- focused – the coach only gets paid on results

How does GrowthAccelerator work?

• Up to £2000 match funding available for senior managers to undertake leadership and management training

• Available for any training linked to the growth objectives of the business

• Senior managers with strategic responsibility for the direction of the business are eligible

Leadership and Management

• SMEs only - fewer than 250 employees, less than £40m turnover

• Registered in the UK and England

• Any sector

• Growth Accelerators pays the coach, based on delivery and client satisfaction

Eligibility and cost

• An impartial diagnosis of the business

• Additional resource in the form of a professional experienced coach supporting the management team/directors

• Access to additional knowledge and peer learning through masterclasses and workshops

• Up-skilled management team through the process plus access to Leadership and Management training and match funding for training costs (up to £2,000 per individual)

What are the client benefits?

Yorkshire and North East LAC – 1,300 Contracted Companies as at 31 October 2013

Analysis

Yorkshire and North East LAC/LEP Analysis

LAC Top Ten Sectors Sector Percentile

Manufacturing 10.0%

Business services 5.9%

Engineering 4.8%

Construction 4.5%

Retail 3.6%

Software 3.6%

Training 3.6%

Food and drink 3.5%

Healthcare 3.2%

IT 3.2%Apr

201

2

May

201

2

Jun

2012

Jul 2

012

Aug 2

012

Sep 2

012

Oct 2

012

Nov 2

012

Dec 2

012

Jan

2013

Feb 2

013

Mar

201

3

Apr 2

013

May

201

3

Jun

2013

Jul 2

013

Aug 2

013

Sep 2

013

Oct 2

013

0200400600800

1,0001,2001,400

1 9 25 57 95 135190250298387501

629719823900987

1,0741,1851,300

LAC Cumulative Total of Signed Contracts

0100200300400500600700800900

197

801

300 338

LAC Workstream Totals

13%

41%

40%

6%

LAC Company Size

Start-up (less than 12 months)

Micro < 5 headcount and ≤ £2 million Turnover or ≤ £2 million balance sheet

Small < 49 headcount and ≤ £10 million Turnover or ≤ £10 million balance sheet

Medium < 250 headcount and ≤ £50 million Turnover or ≤ £43 million balance sheet

Tees Valley LEP – 74 Contracted Companies as at 31 October 2013

Analysis

Yorkshire and North East LAC/LEP Analysis

LEP Top Ten Sectors Sector Percentile

Software 12.1%

Engineering 6.9%

Professional Services 5.2%

Chemicals 5.2%

Biotechnology 3.4%

IT 3.4%

Automotive 3.4%

Training 3.4%

Recruitment 3.4%

Agriculture 3.4%

Sep 2

012

Oct 2

012

Nov 2

012

Dec 2

012

Jan

2013

Feb 2

013

Mar

201

3

Apr 2

013

May

201

3

Jun

2013

Jul 2

013

Aug 2

013

Sep 2

013

Oct 2

013

0

20

40

60

80

2 4 6 11 1420

28 29 3445 49

5666

74LEP Cumulative Total of Signed Contracts

27%

27%

39%

7%

LEP signed contracts by company size Start-up (less than 12

months)

Micro < 5 headcount and ≤ £2 million Turnover or ≤ £2 million balance sheet

Small < 49 headcount and ≤ £10 million Turnover or ≤ £10 mil-lion balance sheet

Medium < 250 head-count and ≤ £50 million Turnover or ≤ £43 mil-lion balance sheet

05

10152025303540

14

36

1916

LEP Workstream Totals

Questions?

Where ambitious businesses go to grow

To find out more about joining us: Visit our website www.growthaccelerator.com  Or for Business Development Coaching you can contact, Samantha Hayton in our Gateshead office via email: [email protected]  Or give us a call on 0191 499 8401