Help to grow programme - what we know - PKF Francis Clark
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Help to grow programme – what we know

At first read, the Help to Grow programme sounded a lot like the Kickstart Grants which were available for a short time in Autumn last year.

However, on reading more detail released after they were mentioned in the Budget yesterday, I think there are subtle differences, namely:

  • Limitations on use (see below)
  • Administration (national as opposed to local?)
Help to grow: management Help to grow: digital
The offering 12 week-programme delivered by leading business schools across the UK; combining ‘a practical curriculum, with 1:1 support from a business mentor, peer-learning sessions and an alumni network.’ Free impartial advice on how technology can boost their performance through a new online platform.
30,000 places will be available over 3 years. The programme is 90% subsidised by government – participants will be charged £750. A discount of up to 50% on the costs of approved software, worth up to £5,000. Vouchers are initially expected to be available for software that helps businesses:
• build customer relationships and increase sales
• make the most of selling online
• manage their accounts and finances digitally
Eligible businesses UK businesses from any sector that have been operating for more than 1 year, with between 5 to 249 employees All businesses will be able to benefit from free online advice on the platform.

The voucher is expected to be available to UK business that:
• employ between 5 and 249 employees and are registered at Companies House
• have been trading for more than 12 months
• are purchasing the discounted software for the first time

Aimed at A decision maker or member of the senior management team within the business e.g. Chief Executive, Finance Director etc.
When available June 2021 Autumn 2021

The website is asking businesses to register their interest now.

PKF Francis Clark

We will keep an eye out for further announcements about the programme (including full details on the businesses and software eligible for the voucher will be published this summer) and will update this blog with any developments.

Our Cloud Accounting team are also looking to see how we may be able to help our clients with a package of work that uses the software grant – as arguably the training element is as important as the software itself.

However, in the meantime, if you have any questions about using cloud accounting products, please let us know and we will be more than happy to help.

FEATURING: Richard Wadman
Richard qualified as a Chartered Accountant with KPMG in 1993. Since 2006 he has worked in Corporate Finance, firstly with the predecessor firm in Truro… read more
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