What is it?
The Growth Accelerator is a discretionary funding scheme that provides mentoring and support to businesses considering relocation to Wigan.
Our economic vision, We Are Wigan (external link), is the foundation for how the Growth Accelerator operates. It provides guidance on how Wigan Borough looks to create and sustain economic growth. With this in mind, financial assistance is directed at the businesses that provide the most value for money in Wigan Borough, most clearly shown through the amount of new jobs created.
Companies must also have a proven track record of paying business rates.
Who can apply?
If you’re a business or start-up looking to invest in Wigan, you can apply for the Growth Accelerator.
To be eligible you must meet a certain criteria, be a limited company and sign up to The Deal for Business.
During the application process, you will have to provide proof that you have already pursued other established grant and loan programmes.
Monitoring will be undertaken by our Business Investment Team on a quarterly basis for a minimum of 3 years. If conditions are not met, this will result in funding being withdrawn and reimbursement of any funds already received.
Who is not eligible to apply?
There are some types of business that we will not support, these include:
- Pay-day loan companies
- Adult shops
- Hot food takeaways
- Temporary shops selling ‘themed’ good’ e.g. Christmas shops, bonfire/fireworks shops
- Charity shops
- Pound/budget goods shops
- Multiples/major high street stores.
Before you apply
Before you apply, please email firstname.lastname@example.org (with "Growth Accelerator" in the subject line) or call 01942 489190 and provide the following:
- Full name
- Business name
- Brief outline of how you intend to use the funding
- Telephone number.
A member of the Business Investment team will contact you.
How to apply
Once you have spoken to our Business Investment team, they will send you a link to the Growth Accelerator online form so you can begin your application.
Please note that you will need to agree and sign up to The Deal for Business as part of completing the online application.