Vince Cable has launched the GrowthAccelerator for #HighGrowth companies

The GrowthAccelerator programme, backed by £200m government investment, has been launched by Vince Cable today. This is the flagship programme from the Department for Business Innovation & Skills designed to coach companies with the potential for high growth (roughly doubling turnover or employees over three years).

The programme is being delivered by a consortium including Grant Thornton, Pera, Winning Pitch, Oxford Innovation and local delivery partners. It was previously known as Business Coaching for Growth and a number of companies have already started on the programme.

It is expected that up to 26,000 eligible companies in England will benefit over three years with up to 6,000 in the first year.

Unlike previous support programmes, qualifying companies must contribute £600, £1500 or £3000 towards the cost.

This blog will provide independent comment and views on the GrowthAccelerator.

http://www.bis.gov.uk/news/topstories/2012/May/growthaccelerator-uk-small-businesses-smes