Growing our SMEs
Hertfordshire’s businesses are our greatest asset and offer huge potential to grow the county’s economy and jobs. To maximise this we will ensure that businesses, and in particular our SMEs, are inspired and supported to achieve their potential.
Hertfordshire Growth Hub
If you’re a small-to-medium sized Hertfordshire company, been in business for at least two years, have five to 249 people, and want to grow – Hertfordshire Growth Hub can help.
From construction to the creative industries, life sciences to advanced manufacturing and engineering, the Growth Hub works with businesses from every sector. Whether you’d like to access R&D funding, tap into technical expertise, develop your products, train your people or build your brand, the Hub’s free, expert support can help you make it happen. The Growth Hub is delivered by a consortium led by business support services provider Exemplas, together with the University of Hertfordshire and the Hertfordshire Chamber of Commerce, with support from Better Business For All (BBFA).Access support here
Hertfordshire Growth Package
The Hertfordshire Growth Package is an expanding range of specialist business support services tailored to meet the specific needs of SMEs and entrepreneurs, funded by the European Regional Development Fund. Hertfordshire LEP, working with local support organisations, identified the needs of the county's businesses and secured EU funding as a result.
“Hertfordshire Local Enterprise Partnership identified that the county was lacking a consistent business start-up service that would be accessible to entrepreneurs across the whole county, regardless of their location. We were delighted to work with other local support organisations to create a programme that would address this issue, providing a good quality service to encourage and support enterprise in Hertfordshire.”
Tim Burton, Hertfordshire LEP ERDF Projects Facilitator
Supporting our start-ups
We are investing in modern flexible office space and incubation hubs to enable our small to medium sizes enterprises to scale up and grow.
Ambition Broxbourne Business Centre: the £4.6m centre, co-funded by Broxbourne Borough Council and Hertfordshire Local Enterprise Partnership (LEP), provides 20,000 square feet of modern flexible serviced business space. The centre will focus on the needs of start-up businesses and those existing businesses seeking to grow with the provision of quality accommodation with easy-in, easy-out terms.
“We are confident that the centre will be a great success and continue to support local entrepreneurs for many years to come.”
Paul Witcombe, Enterprise and Innovation Manager, Hertfordshire Local Enterprise Partnership
View this timelapse video to see how it was built
There are a number of LEP sub groups that enable us to support business growth and our business leaders’ Envoy Programme works to help unlock key barriers to growth.