AD:VENTURE gives growth boost for new and young firms

Businesses across the Leeds City Region can now access an exciting new business support programme aimed at helping new and young businesses to grow at a faster and stronger rate.

AD:VENTURE offers innovative, collaborative regional business support for ambitious, high growth businesses under 3 years old. 12 advisors will act as a dedicated resource for young and growing businesses, with additional support available offering professional workshops, finance brokerage, incubator office space, new start and growth grants, entrepreneur knowledge exchange programmes and specialist sector advice.

For people planning to start a business within the Leeds City Region and existing businesses in their first 3 years of trading, AD:VENTURE will enable SME businesses to grow in capability, credibility, confidence and competence. The programme aims to support business with high growth ambitions to increase their rate of growth, leading to increased turnover and new job creation.

Roger Marsh OBE, Chair of the Leeds City Region Enterprise Partnership (LEP) said: “I am pleased to see this programme launch in the City Region, filling a key gap in the region’s business support market by providing support to improve the sustainability and growth potential of new and young businesses. AD:VENTURE is a welcome addition to the extensive support available for businesses in Leeds City Region and will ultimately boost the local economy, helping to enhance our region’s profile as the best place in the North to do business.”

Combining the significant forces of Leeds CC, Business Enterprise Fund, Calderdale MBC, City of Bradford MDC, Craven DC, Harrogate BC, Kirklees Council, Leeds Beckett University, Leeds Trinity University, Make it York & York Council, Mid Yorkshire Chamber of Commerce, Prince’s Trust, Selby DC, Wakefield MDC, West and North Yorkshire Chamber of Commerce, West Yorkshire Combined Authority (on behalf of the LEP), The University of Bradford and The University of Huddersfield, the programme has brought together a consortium of experienced and committed partners, all working together to give businesses a genuinely diverse and effective growth programme.

AD:VENTURE will assist a total of 1240 enterprises, leading to creation of 2400 new jobs. 640 new businesses will be created through information, advice, guidance and capability-building and best practice in enterprise development. ERDF eligibility criteria and local growth criteria apply.

AD:VENTURE is a £12 million programme and is receiving funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020

To register your interest in AD:VENTURE call 0845 524 0210 or email support@ad-venture.org.uk

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