In need of a Boost?

By Paul Spencer, director at Haworths Chartered Accountants.

Lancashire businesses now have a wide choice of funding alternatives they can explore as they look to grow and develop.

And it would seem that growing numbers of businesses are taking advantage of that help.

The figures also reveal Boost’s work has led to the creation of an estimated 291 new jobs since January 2016 when the growth hub secured £7.8m of funding to run for a further three years.

Boost, which is approaching the half-way point of its funding period, is led by the Lancashire Enterprise Partnership (LEP) and Lancashire County Council, and supported by funding from the European Regional Development Fund (ERDF).

As well as attracting thousands of businesses looking for tailored support, more than 100 firms have joined Boost & Co, a collective of private sector providers who promote the service to their clients and contacts.

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