Spending Review: Government is winding down Business Growth Service
You may be aware that as part of the Spending Review settlement the government has decided to wind down the Business Growth Service, which includes Growth Accelerator and Manufacturing Advisory Service:
"As part of the November 2015 Spending Review settlement, the government has decided to wind down the national delivery of the Business Growth Service (incorporating GrowthAccelerator and the Manufacturing Advisory Service).
On 26th November 2015 the Department for Business, Innovation and Skills (BIS) issued a formal instruction to providers of the Business Growth Service:
- not to enter into any further contractual commitments with customers after 23:59 Monday 30 November;
- that all contractual commitments should be honoured, as long as all support and related activity is completed by 31 March 2016."
The spending review states further provision to be made available for Growth Hubs and they will be given full ownership of supporting small business in local areas. We will therefore continue to assist businesses in Coventry and Warwickshire.
Further information on the spending review is available here. If there are any questions relating to the Business Growth Service then please do not hesitate to contact us via mail or phone on 0300 060 3747.