The Convergence-funded Get Set For Growth programme has now helped secure £1.5 million in finance for businesses in Cornwall and the Isles of Scilly, it has been revealed.
The investment readiness service, that launched last November, uses bespoke marketing and finance support to help businesses access new money and markets..
Programme director, Matt Giles, said: “This is a tremendous achievement for Get Set For Growth and our clients – I believe this success has been driven by our refreshing approach to investment readiness.
“We work with businesses to validate market opportunities and build strong value propositions for business growth, helping create effective sales and marketing strategies for securing those opportunities.
“Only then can finance be unlocked through robust business planning and realistic financials, with clear milestones and deliverables.
“The combination of this approach with the professionalism demonstrated by our team of experts and our clients has been recognised by the finance sector resulting in a funding success rate of 97%.”
GetSet is currently working with over 150 businesses from start-ups to established enterprises, spread throughout Cornwall and the Isles of Scilly. Using a combination of grant, debt and equity finance sources, 31 clients have accessed between £3k and £200k.