Pera, the Melton Mowbray-based business support organisation, has told Insider it will continue to run the Coaching for High Growth programme with the support of the East Midlands Development Agency (Emda), despite the agency’s demise early next year.
Recruitment and communications manager David Boath said: ”We hope government is interested in continuing these kind of initiatives as their track record demonstrates increased profits and jobs at client companies and says something about the job that Emda and Pera have done”.
Coaching for High Growth is a package of support funded by the outgoing East Midlands Development Agency designed to help East Midlands businesses grow. Government cuts have meant that 35 places on the course are available this year – down from 50 last year. Boath said that companies who have been through the programme previously have increased profits by over £60m and created or safeguarded 1,000 jobs between them.
He added: “The programme helps businesses through one to one coaching from a pool of experienced former CEOs and directors of growing companies. Their role is to help the company overcome barriers to growth, internal or external.” Participating companies also attend a series of masterclasses on topics such as business strategy, finance for growth, out-thinking the competition run by Pera, Grant Thornton and Nottingham University Business School.”
Boath added: “Our aim is for the companies who enrol on the course to employ more people by identify gaps in their knowledge and the challenges they’re facing, and build a whole new range of skill sets.”
Boath said that applications for Coaching for high Growth are invited from all independent East Midlands businesses with a turnover between £500,000 and £40m.
Source: Insider Media Limited