Advice for Growth

RiDO’s Investment Team offers a range of support services free of charge, helping companies in the local economy to grow.RiDO’s experienced team can help you re-focus your business model with tailored support and link you to a wide range of specialist contacts including accountants, lawyers, technology experts and university research and development. 

Support for high growth SMEs

Rotherham has many small to medium enterprises who contribute a great deal towards the local economy and have great potential for growth. RiDO is committed to working with these companies to assist them in reaching their potential, with help and advice on everything from financial assistance, property, recruitment & training, etc.

Growth Hub Enhancement Project

The Growth Hub Enhancement Project can provide you with specialist support to help you achieve the growth you are working towards. Businesses can access one of two streams of support, which include 50% grants toward eligible growth projects of up to £10,000, or one-to-one advice from a local support advisor together with a range of free specialist masterclasses.

A local support advisor will work with you at no cost to understand your business challenges, helping to scope out any support needed. Where applicable they can help you to apply for a grant towards a growth project to help you achieve the growth you are looking for. The project is part funded by the European Regional Development Fund through the European Structural and Investment Programme (ESIF) 2014-2020.

What is the Enhancement Project?

The Enhancement Project offers the below areas of support: 
Key Account Manager Support
There are Key Account Managers based across the SCR who are available to deliver intensive one-to-one assistance to businesses to help with business growth. Businesses can choose the support that best suits them.

There is an ongoing programme of free masterclasses held across the region, whose themes will be responsive to the demands and needs of businesses based in the region, in order to assist businesses in achieving their growth potential.

Specialist Grant Support
Grants at a 50% contribution are available to support specialist consultancy projects ranging in value from £2,500 - £10,000. This bespoke and practical support will be provided by external private sector consultants and advisors or your choice, who will assist in achieving your growth objectives.

Is the Enhancement Project for you?

Is your business currently growing or looking to grow?
Are you at a point where you need additional support to continue to grow?
Do you have a great idea for a new product or service but need advice on how to progress?
Do you need to implement a key initiative such as Lean, ISO or CE Marking?
Have you considered developing a business strategy, but need help in doing so?
Would you benefit from advice on how to engage new customers?

If you answered yes to any of the above the Enhancement Project may be for you.

Who’s involved?

The Enhancement Project is delivered jointly by five partners; Sheffield City Region Growth Hub, Business Doncaster, Business Sheffield, Enterprising Barnsley and Rotherham Investment and Development Office (RiDO).

Contact us to find out how RiDO can help your business develop.