Where to get free support to grow your SME Business
Small and medium-sized enterprises (SMEs) can receive support from their local university in order to grow, develop, and become more resilient.
The funding, workshops, and courses available through your local university have a range of applications from digital transformation to leadership and product development.
According to the National Federation of Self Employed & Small Businesses (FSB) there were 5.9 million small businesses at the start of 2020, which accounted for 99.9% of the UK business population.
SMEs account for three fifths of UK employment and around half of the turnover in the UK private sector, however SME growth is often hindered by several factors. These obstacles include, but are not exclusive to, funding, management skills, and need for innovation within tech, digital, product, or marketing.
This is where consultancy and development comes in. Bespoke consultancy, professional advice, and specialised courses can mean the difference between a small business and a growing business. Through these services SMEs can learn how to run their firm more effectively, bring innovative products into the market, or achieve digital transformation.
Sanderson’s Solutions Division offers bespoke and tailored services and people to build your business, coupling this with courses from your local university business growth-hubs is a cost-effective way of achieving rapid development. You have to meet certain criteria to take advantage of these government-funded initiatives, but they are an invaluable tool for local economic development.
Where do I start?
Look to your local university to see if they have subsidies and grants available for your business’ size and sector. It could be beneficial to pinpoint any learning gaps and see if they have any applicable courses in this area. If you are unsure, you can contact your local growth hub and they'll be happy to point you in the right direction.
If there is nothing on your doorstep, the Open University offers online courses through their free learning initiative OpenLearn. Here you can find free online courses in business leadership and management, business challenges and risks, business marketing and communications and many more.
A business is only as good as its people
We help businesses identify and overcome their barriers to growth through collaboration, partnership, and our one-to-one business support. Our bespoke resource solutions save you time and money but our true passion is people, and that’s what SMEs are built on.
At Sanderson we are here as your partner when you are ready to take the next steps, but if you are not there yet it is worth seeing what development funding and learning options are available to you.