A new innovative investment-readiness service – enabling businesses across Cornwall and the Isles of Scilly to get ready for growth – has been launched by the YTKO Group.
Get Set for Growth helps businesses move on up as they look to access finance to start, sustain or grow. It addresses a gap in the business support landscape and helps new and established businesses, including social enterprises become investment-ready.
GetSet’s business finance advisors and marketing and sales specialists are already working with businesses. £130,000 finance has already been raised for clients: Res-Technology, Naturally Learning, Da Bara Bakery and Anna Fitzgivens.
Just a few weeks after becoming GetSet’s first client – Matt Bowen, 25, owner of ResQ-Technology – a mobile and gadget repair specialist – has the money he needs to keep his already booming business growing. With orders flooding in from across the UK and Southern Ireland, sales have already topped £7,000.
Previously unable to access finance from traditional sources, Matt accessed £4,500 from SWIG’s Start-Up Loan, helping create 3 jobs in Cornwall.
“It’s been an amazing month” Matt said, “and the support I’ve received is brilliant. With GetSet’s help, I’ve updated my business plan and applied for SWIG’s Start-Up Loan Scheme. I can now buy a van, employ three people, get more equipment and invest more into marketing.”
To add value and legacy to the project, Get Set for Growth will also start the discovery, engagement and mobilisation of an investor, NXD and mentor community in 2014. This will provide an additional source of post-funding advice and guidance for businesses.
To find out more about Get Set For Growth, call the team on 0800 121 8955 or visit their website.