Friday, January 30, 2015

News: Another chance to get Ready for Business in Rotherham

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A national start-up programme that is being delivered successfully in Rotherham is searching for tomorrow's business stars.

Ready for Business began in 2012 following support from the Government's Regional Growth Fund and Barclays. Supported by the National Enterprise Network (NEN) it has been operated by Rotherham Investment and Development Office (RiDO) in Rotherham since September 2013, providing general business start-up training and support.

Government statistics recorded 1,934 new businesses registering in Rotherham in 2014, 721 more than the previous year, and an extra workshop is being held in the borough on Saturday, February 7, for people who can't get to the regular monthly sessions held on Thursdays.

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The programme is aimed at people who may have an idea for starting their own business or who may be ready to start and works with start-ups with a particular focus upon helping make those businesses investment ready.

Support ranges from one-to-one sessions with specialist advisers and potential links to loan funding. But it's a case of grab it while you can, as the programme, whose main backer is Barclays Bank, closes at the end of March.

In Rotherham, support includes an "Introduction to Self-employment Workshop", a shorter "Masterclasses" programme, which focuses on book-keeping, basic accounting and tax, and "one-to-one" support, where individuals work with an experienced business advisor, with the aim of getting viable business ideas to the point of start-up. Follow-up support is then provided in the first few months of businesses and as they mature.

Cllr Dominic Beck, Cabinet Member for Business Growth and Regeneration at Rotherham Council, said: "We've got a massively successful track record on supporting entrepreneurs. It's great to see us boosting that through practical sessions such as this."

Martyn Benson, RiDO start-up adviser, added: "These events give people confidence and a wealth of information."

The extra event will be held at RiDO's Fusion @ Magna business centre in Templeborough from 9.30am to 4 pm. Bookings can be made online via the Ready for Business website.

RiDO website

Images: RiDO

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