Chesterfield Accelerator

Free support helps Chesterfield businesses improve efficiencies and growth

Nearly 700 businesses across Derbyshire have already benefitted from free support to improve their energy efficiencies and growth, thanks to the Accelerator Project.

The project, which started last autumn, and funded by UK Government through the UK Shared Prosperity Fund, is already making a tangible difference to businesses across the county. So far, over 400 businesses have received an hour or more of Business Adviser support which guides them in accessing the most appropriate support, whether it be the raft of initiatives that make up the Accelerator Project, or local authority or national grant funding.

Of the businesses supported so far, there has been almost a 50:50 split of those in urban and rural areas. Some 53 businesses have tapped into growth vouchers of up to £2,000 towards specialist training or consultancy advice and 50 have taken advantage of fully subsidised energy audits.

Of the grants and growth vouchers awarded to participating businesses, it is anticipated that 62 jobs will be created or safeguarded as a result of this support.

One beneficiary of the support has been Images Costumes, based here in Chesterfield.

A designer, manufacturer and retailer of bespoke dancewear and logo uniforms, Images Costumes can make any costume design in any fabric combination for customers throughout the UK and overseas.

Managing Director Michelle Webb is working with Chamber business adviser Peter Lawrence on the Accelerator project to support business growth and future sustainability.

Michelle was referred to the Made Smarter East Midlands digital adaption programme and was successfully awarded an £8,300 grant to purchase a new CAD system, enabling the business to be more competitive and to offer a larger range of designs and sizes.

With this advantage, it will safeguard and create new jobs.  The business also hopes to reduce its energy consumption, reduce costs and improve efficiency through a funded energy audit.

Images Costumes Managing Director Michelle Webb said: “The support we received from the advisers on the grant project was key to the success of the funding application.

“Small businesses like ours don’t have dedicated procurement departments so such expert knowledge and experience was invaluable. In addition, they were able to bring additional areas of support to our attention, such as the energy audit, which we might otherwise have missed. It was exactly what was needed.”

East Midlands Chamber Deputy Chief Executive Diane Beresford said: “We are already seeing the Accelerator’s fully-funded energy audits making a tangible difference to businesses across the county.

“We all know it makes business sense to reduce energy usage, but every business needs a starting point when it comes to understanding their current usage and before they can consider improving their business operations and practices. An energy audit carried out by an expert shows a business exactly what’s needed to reduce costs and provides the evidence needed to apply for a decarbonisation grant.”

Derbyshire County Council Cabinet Member for Clean Growth and Regeneration Councillor Tony King said: “This investment to support businesses in Derbyshire to be greener and more efficient is most welcome and it’s great to hear how local companies are benefitting.

“The Accelerator Project builds on the success of our own Green Entrepreneurs Fund which supported businesses, organisations communities and individuals interested in developing skills in the green economy and investing in green energy and carbon reduction schemes.

“I’d encourage any local business to consider signing up to the Accelerator Project to help reduce their costs as well as their carbon emissions.”

Are you looking for business support in Chesterfield? Get in touch with us here, and we’ll refer you to the available schemes that are relevant to your needs.

 

Chesterfield Accelerator

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More than 1,100 businesses engaged so far with Accelerator business support

A growing number of businesses in the East Midlands are benefitting from tailored business support, thanks to the Accelerator project.

Evaluation of the project’s performance at its halfway point has identified over 1,100 businesses that have been engaged and are working with a business adviser to boost their growth.

The project, which is funded by the UK Government through the UK Shared Prosperity Fund (UKSPF), was established in the autumn and is being delivered by East Midlands Chamber in Derby, Derbyshire, Nottinghamshire and Leicester.
Alongside one-to-one support from a business adviser, the project has so far also delivered the following:

• 102 growth vouchers up to the value of £2,000 to help businesses access tailored, 1-2-1 consultancy support to introduce digital technology and green measures.
• 300 workshops and webinars successfully attracting over 7,000 delegates.
• 50 energy saving and improvement audit approvals to help businesses create an action plan to save money.

Businesses signing up to the project have also been introduced to the wealth of additional support available from other regional and national sources. For innovative SMEs, this includes growth and scale-up support from Innovate UK Business Growth. Manufacturing micro and small businesses can also benefit from Made Smarter support on how to switch to advanced and automated technologies.

East Midlands Chamber Deputy Chief Executive Diane Beresford said:

“From our launch events onwards, we’ve listened to what businesses want in terms of what, where, when and how they would like to access Accelerator support.

“Chamber and D2N2 Growth Hub support is undoubtedly at its best when businesses are given a helping hand to apply for support from other sources, including grant funding and pitching for investor support.

“The Accelerator project has some challenging targets including the creation and safeguarding of jobs, creating new enterprises, accessing new technologies or processes and engagement in knowledge transfer activity. We’re certainly on the right trajectory to achieve that and for any business yet to sign up, I would urge them to seize the opportunity before the project ends in March of next year.”

Learn more about the Chesterfield accelerator scheme and other initiatives available to support businesses in the town: https://www.chesterfield.co.uk/business/business-support/

Chesterfield Accelerator

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