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Real Help for Businesses

Real Help for Businesses. Ride out the Recession Event Business Link East Midlands. What is Business Link?. A national business and skills brokerage service to help businesses Delivered by East Midlands Business Ltd in the East Midlands – Thinking Regionally, Acting Locally!

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Real Help for Businesses

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  1. Real Help for Businesses Ride out the Recession Event Business Link East Midlands

  2. What is Business Link? • A national business and skills brokerage service to help businesses • Delivered by East Midlands Business Ltd in the East Midlands – Thinking Regionally, Acting Locally! • An impartial, independent business support service for all Small and Medium Sizes Enterprises.

  3. Benefits • A robust and impartial Business Review to help identify business and skills needs, leading to an agreed Action Plan • Single point of access • High quality information • Knowledge of and access to a wide network of providers • Free of charge.

  4. Resources Available • Network of qualified Business Support Brokers with business and skills knowledge • Award-winning website • Knowledge Bank • Skills Portal and Service Provider Register • Access to financial support • Brokerage to a wide range of partner organisations and providers to meet needs.

  5. Real Help ForBusiness • How can I save money? • Get a health check for your business • Reduce waste and save energy • Can I find help with my finances? • Find out about action for business • Find finance help for your business • Help with managing your cash flow • Need more time to pay your tax bill? • How do I find help to keep staff and improve productivity? • Find funding to support your training and improve staff skills • Find out about training, recruitment and redundancy support • Avoid making redundancies • Help to deal with staff restructures and major change.

  6. New Funding Support for Businesses • 3 packages announced by Lord Mandelson • Enterprise Finance Guarantee • Working Capital Scheme • Capital for Enterprise Fund • First two are loan guarantee schemes, will be available through banks • The third is Equity Finance, will be available through fund managers • Designed to suit different needs of businesses.

  7. Grants • Grant availability changes regularly • Talk to your Business Support Broker to find out what’s available to support your particular project • Have that discussion BEFORE you begin any project as funding cannot be applied retrospectively • Grants are discretionary and must meet eligibility criteria.

  8. Resource Efficiency Grant • A Resource Efficiency Diagnostic is a pre-requisite • Projects to purchase more efficient capital equipment may qualify • Where applicable, equipment must be purchased from Energy & Water Technology lists • 50% of project costs up to a maximum of £10,000 • Equipment may also qualify for Enhanced Capital Allowance.

  9. Skills Support • Train to Gain • NVQs • Apprenticeships (now all ages) • Skills for Life – literacy, numeracy, ESOL • Additional support for SMEs • Short, sharp business-focused training • Leaders First • Grant funding to support development of Owner Managers/MDs.

  10. On-line self-help for businesses • Web tools www.businesslink.gov.uk/eastmidlands/creditcrunch • Business Health Check www.businesslink.gov.uk/eastmidlands • Resource Efficiency Diagnostic https://diagnostic.businesslinkem.co.uk • Which Finance Scheme is suitable for me? www.businesslink.gov.uk/eastmidlands/realhelp

  11. Business Link East Midlands 0845 058 6644 info@businesslinkem.co.uk www.businesslink.gov.uk/eastmidlands

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