£20m management training fund to help grow SMEs

Skills Minister John Hayes has encouraged senior leaders in small and medium-sized businesses (SMEs) to take advantage of a new £20m fund that will support leadership and management training to help them grow their business. 

The Leadership and Management grant is part of the Government’s move to stimulate innovation and employment, boost the economy and help develop a more cohesive society. SMEs that demonstrate potential for growth will benefit from match funding of up to £1,000, to be spent on leadership training and coaching to help grow the business, improve productivity and competitiveness.

John Hayes, Skills Minister said: “This Government will back businesses that want to boost their skills. We’re spending more than ever on apprenticeships, freeing up training providers from red tape, and focusing public spending where it is most needed to drive growth. Effective leadership can make the difference between survival and growth, and this fund will give vital support to entrepreneurs who want to continue to develop their businesses.”

Read the full story.

Nicki, Business Director, dbda

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About dbda
dbda is a corporate social responsibility consultancy embracing education and safety in the community. We are privileged to work with a large number of blue chip corporate clients, Government organisations, charitable bodies, Institutes and local authorities. We also have a network of schools, professional bodies, associations, universities and partners, with whom we regularly work in collaboration.

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