Business Finance

Boost Lancashire

Boost Business Lancashire (Boost) is the £7.2million Lancashire Business Growth Hub led by the Lancashire LEP (Local Enterprise Partnership). The aim of Boost is to grow the county’s economy by £20m and create at least 1,200 new jobs and safeguard 700 more by 2015.

The role of Boost is to help growth-hungry Lancashire businesses realise their potential by providing simple access to a range of leading-edge funded programmes, delivered by specialists with a track record of growing established and innovative start-up businesses.

The service has been developed and will be delivered via a partnership between Lancashire County Council, Community & Business Partners, UCLan, Lancaster University, Regenerate Pennine Lancashire (RPL) and Winning Pitch, with £3.6million of funding provided by the European Regional Development Fund (ERDF).

Boost also helps businesses access specialist private sector business support, as well as other nationally funded programmes, where relevant.

What for?

Boost can help businesses address a number of growth challenges and opportunities, including:

  • Developing a growth strategy
  • Raising finance
  • Leadership development
  • Product and service development
  • Profit improvement
  • Sales and marketing
  • Leadership networking
  • Growth mentoring and coaching
  • Change management
  • Starting a business

Am I eligible?

In order to be eligible for support from Boost, growth-hungry businesses / new business ideas must meet the following criteria:
· Be based in Lancashire

  • Employ fewer than 250 full-time employees
  • Have an annual turnover of less than £40 million, and/or
  • Have an annual balance sheet total of less than £35 million
  • Have received less than £160,000 of publicly funded support in the last 3 years
  • Not a retail business

For more information or to apply for Boost support, either complete the quick form online at http://www.boostbusinesslancashire.co.uk/, or give us a call on 0800 488 0057.