Supporting local business through Growth Hubs

The growth hub network is now complete with a hub in each of the 39 LEP areas, covering 100% of the registered business population in England. Growth hubs work with local and national partners – such as universities, Enterprise Zones, Banks, Business Bodies and Local Authorities – acting as a catalyst to make things work […]

The growth hub network is now complete with a hub in each of the 39 LEP areas, covering 100% of the registered business population in England. Growth hubs work with local and national partners – such as universities, Enterprise Zones, Banks, Business Bodies and Local Authorities – acting as a catalyst to make things work better locally for businesses, making it easier for them to find the help they need.

Growth Hub Week, 16th – 20th May 2016, celebrates the completion of the growth hub network and seeks to raise the profile of growth hubs and the work they do to help local businesses.

Business Minister Anna Soubry said:- 

“Small businesses are the beating heart of our economy and this government continues to build the right environment for them to thrive. We will keep cutting red tape and business taxes, improving access to finance and broadband, and taking forward the measures in the Enterprise Act to cement our position as the best place in Europe to do business.

“Growth Hubs have already helped thousands of businesses and, with the full network up and running, every registered business in England can access the expertise they need to succeed.  They will help entrepreneurs boost their business and create more jobs for people in the local area.”

It is important that businesses are aware of their local growth hub so they know where to go for the help they need to grow. The growth hub finder on the LEP network website can direct businesses to their local growth hub http://www.lepnetwork.net/growth-hubs/

We would welcome support during growth hub week through social media to help raise awareness of the growth hub network and the support they provide to businesses. @bisgovuk will be tweeting information and infographics so please follow us and retweet throughout the week.

From a National Enterprise Network perspective many of our members are developing relationships with their local Growth Hub in order to ensure the support and services they provide are being utilised as part of the wider support ecosystem in each locality – it’s fair to say the extent to which this is effective is currently patchy, but our membership have lots to offer and we encourage them to continue to push forward those relationships to get the best for all clients in their area.