More than 700 Lancashire businesses are on the path to growth after being signed up to Boost Business Lancashire, the county’s £7.2m business growth hub.
The service, which launched last June, offers access to a range of free and part-funded support programmes to help ambitious and growing businesses in areas such as leadership, mentoring, innovation, skills and access to finance.
More than 280 of those businesses receiving support are based in central Lancashire.
Boost aims to grow the county’s economy by £20m, create at least 1,200 new jobs and safeguard 700 more by 2015.
The European Regional Development Fund has provided £3.6m in funding towards Boost, which is being delivered by Lancashire County Council and five delivery partners.
Andy Walker, head of business growth and innovation for Lancashire County Council, said: “We have been inundated with enquiries from Lancashire’s growing businesses, and this latest milestone shows just how much growth potential there is in the county.
“Those companies that have been accepted onto Boost programmes are benefitting from world-class business advice tailored to meet their needs.”
Boost Business Lancashire is being delivered through a partnership between Lancashire County Council, Community & Business Partners, Lancaster University, Regenerate Pennine Lancashire, University of Central Lancashire (UCLan) and Winning Pitch. £3.6m has been provided by the European Regional Development Fund.
Boost offers a range of services, some 100 per cent funded, some part-funded.
They include growth mentoring, networking, advice to new businesses, and UCLan’s Innovation Clinic.