Welcome > Business Support > Growth Vouchers
The government’s £30m Growth Vouchers programme, was a research project to test how best to help small businesses grow through the use of subsidised business advice. The programme delivered support for up to 20,000 small businesses in England, focussing on small businesses who have never sought business advice before. Those businesses chosen to get a voucher received matched funding of up to £2,000 to help pay for business support in one of the specialist areas.
The programme was available to small businesses in England who were actively selling goods and/or services, have a turnover no greater than £45m, own 75% or more of their business, and have 250 employees or less. Cavendish Enterprise partners delivered the programme on behalf of the government and successfully achieved the following outcomes:
Number of small businesses chosen to receive a Growth Voucher
Funding leveraged in advice and support services per voucher averaged around