The initiative, recently announced by Small Business minister Nigel Griffiths, aims to develop small businesses with high-growth potential to the point where they are ready for investment and then introduce them to potential investors.
Teresa Graham, partner, Baker Tilly, said: ‘The ‘Investment Readiness’ programme represents a great opportunity for SME’s, particularly since many start-ups and entrepreneurial businesses do not have the resources or the necessary knowledge to attract vital investment.’
She added: ‘This initiative will give companies access to quality organisations and individuals who have a wealth of experience in grooming companies for success.
‘In London alone there 250,000 businesses employing four million people who could find the scheme potentially attractive. We expect strong interest from companies in business services, wholesale and retail distribution and manufacturing.’
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