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With a failure rate of around 60% for new businesses in their first three years, AD:VENTURE will help new and young firms identify issues that cause failure or prevent growth in the early years and provide support to increase capability to overcome these issues.
How will we do this?
We will support new businesses with a wide range of support and services.
AD:VENTURE Business Manager: The programme will provide access to a dedicated business manager who can guide you through your start up and growth journey offering practical advice, connections, be that vital critical friend and help new business owners to understand the myriad of options available to them. They can also offer insights into what funding and finance is available locally and nationally.
Workshops, Webinars and Networking: A range of events and workshops on key growth topics and skills such as marketing, branding, customer journey, strategy, planning and sales, as well as network building opportunities, connections, peer-to-peer sessions, and inspirational events.
The AD:VENTURE Growth Grant: This grant is available between £1,500 - £10,000 to support growing companies with their capital expenditure for growth projects. Growth grants are match funded (Meaning the business must match the contribution and have the funding in place to claim it back after the project expenditure is made)
Business Enterprise Fund Loans: The Business Enterprise fund are also partners and can offer a variety of loans for start-up and growth, with start-up loans available for new businesses at a competitive rate of 6%.
The Prince’s Trust: For younger entrepreneurs, we work alongside partners The Princes Trust, who deliver exploring enterprise courses to help young people 18 to 30 to decide if starting a business is right for them and giving them the skills and support to start a business. The main programme eligibility criteria does not apply to Prince’s Trust clients. We will work with The Prince’s Trust to help the young entrepreneurs build capacity and the guide them to the right support for them to continue building and growing the business.
Our Funding
The AD:VENTURE programme is funded by the West Yorkshire Combined Authority and Partners. This means the high-quality services we provide are at no cost to the businesses who need our help.
Our Partners
The AD:VENTURE Programme has a number of partners all contributing resources and funding to deliver this support to new businesses in West Yorkshire.
The West Yorkshire Combined Authority
Leeds City Council (Lead partner and accountable body)
Bradford Council
Calderdale Council
Kirklees Council
Wakefield Council
The Business Enterprise Fund
The Prince’s Trust
With a failure rate of around 60% for new businesses in their first three years, AD:VENTURE will help new and young firms identify issues that cause failure or prevent growth in the early years and provide support to increase capability to overcome these issues.
How will we do this?
We will support new businesses with a wide range of support and services.
AD:VENTURE Business Manager: The programme will provide access to a dedicated business manager who can guide you through your start up and growth journey offering practical advice, connections, be that vital critical friend and help new business owners to understand the myriad of options available to them. They can also offer insights into what funding and finance is available locally and nationally.
Workshops, Webinars and Networking: A range of events and workshops on key growth topics and skills such as marketing, branding, customer journey, strategy, planning and sales, as well as network building opportunities, connections, peer-to-peer sessions, and inspirational events.
The AD:VENTURE Growth Grant: This grant is available between £1,500 - £10,000 to support growing companies with their capital expenditure for growth projects. Growth grants are match funded (Meaning the business must match the contribution and have the funding in place to claim it back after the project expenditure is made)
Business Enterprise Fund Loans: The Business Enterprise fund are also partners and can offer a variety of loans for start-up and growth, with start-up loans available for new businesses at a competitive rate of 6%.
The Prince’s Trust: For younger entrepreneurs, we work alongside partners The Princes Trust, who deliver exploring enterprise courses to help young people 18 to 30 to decide if starting a business is right for them and giving them the skills and support to start a business. The main programme eligibility criteria does not apply to Prince’s Trust clients. We will work with The Prince’s Trust to help the young entrepreneurs build capacity and the guide them to the right support for them to continue building and growing the business.
Our Funding
The AD:VENTURE programme is funded by the West Yorkshire Combined Authority and Partners. This means the high-quality services we provide are at no cost to the businesses who need our help.
Our Partners
The AD:VENTURE Programme has a number of partners all contributing resources and funding to deliver this support to new businesses in West Yorkshire.
The West Yorkshire Combined Authority
Leeds City Council (Lead partner and accountable body)
Bradford Council
Calderdale Council
Kirklees Council
Wakefield Council
The Business Enterprise Fund
The Prince’s Trust
