Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

10,000 small business leaders enrol in government-backed management training scheme

by December 13, 2024
December 13, 2024
10,000 small business leaders enrol in government-backed management training scheme

More than 10,000 people running small businesses have enrolled in the Help to Grow: Management programme, a government-subsidised training initiative designed to enhance leadership and boost productivity.

By September, 10,635 individuals had signed up, with 7,860 completing the 12-week course since its launch in June 2021. The scheme, which costs business owners £750 each, is 90 per cent funded by the Treasury and has cost the government £53 million over the past three years.

The enrolment figure falls short of the initial target set by Rishi Sunak, who, as chancellor, aimed for 30,000 business leaders to complete the training by April this year. Participation rates have also eased recently: 1,835 leaders finished the course in the first nine months of 2024 compared with 2,310 completions previously.

However, feedback on the programme has been largely positive. According to an independent review by Ipsos Mori, 91 per cent of participants would recommend the scheme to other business leaders. Many reported improvements in leadership and management skills, with 62 per cent saying it helped increase their revenues.

In her autumn budget, Chancellor Rachel Reeves extended funding for Help to Grow: Management until the end of March 2026. The Treasury estimates that for every £1 spent, the scheme delivers £2.30 in value. Provided through more than 60 UK business schools, the 12-week programme offers 50 hours of classroom-style training and ten hours of mentoring, along with networking opportunities through events and alumni activities.

Emma Jones, founder and chief executive of the small business network Enterprise Nation, praised the initiative: “For ambitious business leaders who want to strengthen their leadership skills, Help to Grow: Management is an absolute no-brainer.”

Enterprise Nation works alongside the Association of Business Mentors and Newable—a London-based enterprise development agency—to deliver mentoring match-ups. The contract for these mentoring services was advertised in 2022 as worth £8 million annually. According to the review, 89 per cent of participants were satisfied with the advice and support provided by mentors.

The Department for Business and Trade highlighted that improved management practices can boost a company’s productivity by 10 per cent. A spokesperson said: “Our most recent evaluation shows 92 per cent of participants are satisfied with the programme, so we’d encourage any interested businesses to enrol.”

For more information or to sign up, visit:
https://www.gov.uk/business-finance-support/help-to-grow-management-uk#how-to-apply

Read more:
10,000 small business leaders enrol in government-backed management training scheme

0
FacebookTwitterGoogle +Pinterest
previous post
Make UK appoints Lord Harrington as new chair
next post
Tangle Teezer, once rejected on Dragons’ Den, sold for €200m to Bic

You may also like

Firms invited to access funded support as part...

November 14, 2023

Government’s January surplus disappoints at £15.4bn, piling pressure...

February 21, 2025

Most people think UK was wrong to leave...

June 23, 2023

Microsoft to cut 10,000 jobs as tech firms,...

January 19, 2023

Business Confidence Soars to Decade-High as Economy Stabilises...

May 31, 2024

Building from Scratch: How Reco Jefferson Turned Curiosity...

May 7, 2025

Throwing more money at HMRC won’t fix Britain’s...

March 26, 2025

Is Jack Mason the Most Resilient CEO in...

September 9, 2024

Tractor Tax Could Affect Five Times More Farmers...

November 27, 2024

Elon Musk accused of owing $500m in Twitter...

July 13, 2023

Firms invited to access funded support as part...

November 14, 2023

Government’s January surplus disappoints at £15.4bn, piling pressure...

February 21, 2025

Most people think UK was wrong to leave...

June 23, 2023

Microsoft to cut 10,000 jobs as tech firms,...

January 19, 2023

Business Confidence Soars to Decade-High as Economy Stabilises...

May 31, 2024

Building from Scratch: How Reco Jefferson Turned Curiosity...

May 7, 2025

Throwing more money at HMRC won’t fix Britain’s...

March 26, 2025

Is Jack Mason the Most Resilient CEO in...

September 9, 2024

Tractor Tax Could Affect Five Times More Farmers...

November 27, 2024

Elon Musk accused of owing $500m in Twitter...

July 13, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump defends embattled AG Pam Bondi, says ‘nobody cares about’ Jeffrey Epstein

      July 12, 2025
    • Bondi says all charges against doctor who allegedly destroyed COVID vaccines have been dropped

      July 12, 2025
    • Meet ‘China’s man in Lima’ who jetted over to US to collect trains donated by Biden admin

      July 12, 2025
    • Inside Dan Bongino’s tense meeting with White House officials over Jeffrey Epstein fallout

      July 12, 2025
    • Could Butler happen again? Former Secret Service agents weigh in on political violence in 2025

      July 12, 2025
    • DAVID MARCUS: Trump is flunking his MAGA base’s Jeffrey Epstein test

      July 12, 2025

    Categories

    • Business (8,456)
    • Investing (2,118)
    • Politics (16,017)
    • Stocks (3,205)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved