Friday, July 4, 2025

Accelerator programme boosts growth for 5,000 East Midlands firms

A total of 4,790 businesses across Derbyshire, Nottinghamshire, and Leicester have received support from an initiative designed to foster innovation, growth, and sustainability. The programme, launched in 2023 by East Midlands Chamber and funded by the UK Shared Prosperity Fund (UKSPF), aims to help firms scale and navigate the challenges of modern business environments.

The initiative, which operates on behalf of local authorities in Derby, Leicester, and Nottinghamshire, has already led to the creation of 143 new businesses, the safeguarding of 505 jobs, and the creation of 598 new roles. Additionally, 401 companies have introduced new products, technologies, and processes, significantly improving their competitive edge. Several firms have also increased their export capability as part of the programme.

The Accelerator Programme, which offers expert business advice, grants, growth vouchers for technology investment, decarbonisation support, and sustainability workshops, has been extended until March 2025. Erewash businesses will also be included after joining the initiative.

For businesses looking to scale, the High Growth Accelerator provides tailored support, while those with international trade ambitions can benefit from the Export Accelerator. Businesses interested in the programme can register online to access one-on-one advice and explore the various support services available.

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