The Enterprise M3 Growth Hub is helping businesses in Enterprise M3 to scale up and grow by delivering business support with innovative capabilities and experience. The Growth Hub makes a fundamental difference to businesses in the Enterprise M3 area by helping to unlock their true growth potential.
The Enterprise M3 Growth Hub joins up national and local business support, so it is easy for all our businesses to find the help they need to grow. To maximise the growth of the Enterprise M3 economy, the Growth Hub through industry specialist Growth Champions, focusses on providing bespoke support for businesses with high innovation and high growth potential. These high value businesses look for support to address key challenges and identify opportunities to help them scale up and add significant value to our economy.
The Growth Hub has engaged with more than 15,521 enterprises, provided deeper level support to 326 enterprises with high innovation and high growth potential, and through the provision of expert support these businesses have created 150 jobs, increased turnover by £23 million, increased net profit by £4.5 million, and leveraged £870,000 investment. The Growth Hub are working with a variety of business from our key and priority sectors including software development, advanced manufacturing and engineering, chemical engineers, accountancy, energy management, data technology to name a few.
We evaluated the performance and impact of the Enterprise M3 Growth Hub via an independent assessment. Key findings from the evaluation demonstrated that the Growth Hub’s performance was strong with actual results for growth plans and businesses engaged exceeding targets as at December 2017; excellent customer satisfaction results and customer testimonials; and that the Growth Hub identified several ways to drive commercial revenues that had the potential to deliver a 25% revenue model by March 2019.
The Enterprise M3 Growth Hub is ready to do more for our businesses and economy. To find you how you get your business growing, connect with the Enterprise M3 Growth Hub @EM3GrowthHub or visit www.enterprisem3growthhub.co.uk