Presentation to the Wealden Strategic Partnership Graham Marley Chief Executive
Not for private profit Established over 25 years Turnover £1.6m 28 staff 200+ volunteer mentors Provision of business advice, training exhibitions and finance
Delivery of New Enterprise Allowance Lets Do Business Finance Start Up Loans Business start up workshops (Hastings and Eastbourne) Exhibitions (Eastbourne and Hastings) Business Training and Apprenticeships
Locate East Sussex Partner ESCC with an RGF 4 bid Town Centre Management (Hastings) Hastings Area Chamber of Commerce Working with schools
JSA claimants from day 1 (up until Work Programme) Induction Workshops Mentoring Loan (£2500 at 6.2%APR over 3 years) Ongoing mentoring Helpline
Programme started 8 th August 2011 Rolling programme Number of referrals (331) Number of programme starts (228) Business Starts confirmed (116) 6 Month+ trading confirmed (84) Continues until March 2016
Capitalise Business Support Up to £2.1m RGF funds available Loans up to £50k Typically at 12% over max of 7 years Can provide start up finance (typically 19%)
Up to £10k 6.2% APR Max term 5 years (usually 3) Clients receive mentoring support Helpline Access to global partners
Accredited training by ILM, City and Guilds BIIB Short business skills courses Apprenticeships Business Skills Academy
Growth Accelerator Manufacturing Advisory Service Growth Vouchers Growth Hub(?)