Business Accelerator scheme will give firms 'the best chance of success'

Date: 28th October 2011

Small businesses around the UK have been told that the new Local Business Accelerator Scheme represents their best chance of success.

The new programme, which is fronted by the Newspaper Society, aims to make £15 million worth of free advertising available to the UK's smaller businesses.

Well-known entrepreneur Deborah Meaden, who helped launch the programme after noticing the difficulty that small firms have in identifying and accessing relevant assistance, claimed the scheme will help business owners shape their future.

"It offers local business mentoring, so [we will have] local business mentors from the area working with those businesses which we select to make sure that they have got all the bases covered, not just to give them advice and guidance but also to contact, network and make sure they are doing the right thing," she explained.

Businesses taking part in the scheme will also benefit from a tailor-made advertising campaign worth £10,000.

"It is really valuable stuff and very targeted, so local businesses [are] targeted to the local customer. [It is about] making sure the businesses are in the right place and have a voice to sell to their local customer," she added.

Posted by Jacob Williams