New programme seeks businesses chasing 20% growth

Lancashire County Council has launched a new programme of support designed for high growth, scale-up businesses.

The programme is aimed at companies who are already growing turnover or staff by around 20 per cent and wish to continue. It will begin with three pilot programmes which will start in March.

Two Zero will offer performance coaching, one-to-one advice and peer learning, each delivered by an organisation with expert subject knowledge and tailored to participants in the programme.

Two Zero: Food and drink will be delivered by the Growth Company; Two Zero: Female will be delivered by Groundswell Innovation and Northern Power Women; Two Zero: Social enterprise will be delivered by Selnet.

As part of its support for Lancashire’s scale-up community, Lancashire County Council has become a member of the ScaleUp Institute, a private sector, not-for-profit company which works with policymakers to support UK’s scale-ups.

Amin Vepari, programme manager for Two Zero, said: "What sets Two Zero apart is that it is for those unique businesses with a goal of achieving 20 per cent year on year growth, which is a huge challenge.

"Lancashire already has a strong community of scale-up businesses. By investing in this area of the market, we will help these companies to put the infrastructure in place to achieve this growth faster and more sustainably.

Two Zero is for those businesses with a goal of achieving 20 per cent year on year growth, which is a huge challenge.

"Two Zero will help the county retain and attract more of these companies, which deliver huge economic gains for their supply chain, partners and the whole business community."

County councillor Michael Green, cabinet member for economic development, environment and planning, Lancashire County Council, said: “Profitable, growing businesses are vital to the success of Lancashire’s economy.

“Lancashire County Council already has a successful history of helping ambitious businesses achieve their potential and Two Zero is a great addition to our growth conversation. Allowing these companies to reach their true potential will lead to substantial high-quality job creation which will benefit residents across the county.”

Applications for Two Zero’s pilot programmes are currently open and will close on February 28.

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