The new Leadership & Management Advisory Service aimed at supporting the senior leaders of businesses with the potential for high or fast growth was launched on 1st April 2011.  It is a new fund and can be claimed by businesses who have claimed Leadership and Management funding via the service before.  The funding can also be used towards your place at Vision, halving the cost of your two day ticket.

In order to be eligible you need to have the potential to increase turnover and/or number of staff by 20% in each of the next three years; the theme here is really around your aspirations for growth for the future and not around how you have grown to date. So if you are a SME that wants to grow, and has a vision for that growth you will meet that eligibility criteria.  The funding will support development activities around strategic leadership, people management and staff engagement. All grant support must be match funded by you (to a maximum of £1000) e.g. if your training costs £2000, you would need to put in £1000 (ex VAT).

Eligibility Criteria:  Private Sector businesses or social enterprises that:-

• Have fewer than 250 full time equivalent employees and
• Have at least one full time equivalent employee in addition to the applicant and
• Display the potential for high or fast growth defined as -

1) If trading for more than 12 months have the potential to increase turnover by 20% each year for three years

2) If trading for less than 12 months have the potential to achieve a turnover of £500,000 within three years of starting trading

Applicant - For organisations with fewer than 10 employees, this will normally be the managing director, owner or chief executive.  For organisations with 10+ employess this can be the senior leader or another leader reporting directly to them.

Grant: Only one grant claim can be made for a maximum of 50% of the cost of the training excluding VAT and not exceeding £1000.  The training must have started and claimed within 90 days of the grant being approved.  The Grant must be used for Leadership and Management Development Solutions that develop skills to enable the applicant to fully engage and optimise the contribution of their staff and therefore grow the business.  VISION CONFERENCE CAN BE PART OF THIS TRAINING.

To apply for this funding please visit http://www.skillssoutheast.co.uk/leadership-and-management.html where you will find full information and an application form or call 0845 026 4298 or Steven Edwards on 07917 113968

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