What help is available for start-up Yorkshire businesses?
You will learn
- Which organisations offer support
- What funding is available
- What support events are happening
Starting a business is not to be considered lightly. There are risks involved, and managing these risks is a key element to success.
Some feel quite competent to do this on their own. Others benefit from the support of a network of people and organisations around them to some degree or another.
However, there is a great deal of evidence to suggest that those people who start a business with the support of external advisors and skills training have a much greater chance of being able to grow the business, and most importantly, get the business to survive for longer.
It is absolutely vital that you choose a support organisation with a good track record of helping businesses.
If you look at the National Enterprise Network website, you can put in your location and it will list their members. This enables you to engage with them confidently, knowing you will receive support from an impartial organisation who can help guide you through the whole process.
How’s Business can signpost you in the right directions, and help you to engage with a range of experts in fields such as HR, legal, marketing, social media and business development, to name but a few. All of this is full of charge.
If you are aged 18 - 30 and are disadvantaged, you could seek support from The Prince's Trust who, as well as providing advice, offer start-up finance support if needed - including low interest start-up loans of up to £7,500, and small start-up business grants in special circumstances.
If you are unemployed there is the New Enterprise Allowance Scheme; speak to the job centre and they will refer you to an adviser who can take you through the process to establish if you have a viable and sustainable business idea. You also get 6 months of support once you have started the business, along with a financial allowance on a reducing scale.
Accountants and solicitors generally offer an initial free appointment.
As a starting point, we always suggest to speak to your Local Enterprise Agency to ensure you have everything in order before you speak to anyone else. This is often the most cost effective way to start and ensure that the people you engage with going forward are reputable. Get in touch with the Growth Hub for York, North Yorkshire and East Riding to see what support you can access to get your business up and running. Email them at: firstname.lastname@example.org.