In addition to its robust Enterprise and Innovation programme which plays to our key sector strengths, Hertfordshire has created a comprehensive package of support to help our businesses to grow, scale up and innovate. This includes:
Hertfordshire Growth Hub - support for high growth SMEs
Growth Hubs are local public and private sector partnerships led by their Local Enterprise Partnership (LEP). The service is free at the point of access and provides a mechanism for integrating national and local business support so it is easier for businesses to access the help and advice they need to thrive and grow. Hertfordshire Growth Hub has been successfully co-ordinating integrated business support since 2014 and is led by business support services provider Exemplas.Learn more about Hertfordshire Growth Hub Visit the Hertfordshire Growth Hub website
Hertfordshire Growth Package - support for entrepreneurs and start-ups
The Hertfordshire Growth Package is an expanding range of specialist business support services tailored to meet the specific needs of SMEs and entrepreneurs. This is partly made up of the Hertfordshire Start-Up Programme funded by the European Regional Development Fund, secured with the help of Hertfordshire LEP. Hertfordshire’s funding allocation is split across programmes specialising in: Research and Innovation; SME Competitiveness; Low Carbon Economy.
Get Enterprising is a new service introduced to the Hertfordshire Growth Package, financed by £300,000 of the LEP's Growing Places Fund revenue. The programme will bridge the gap between the Hertfordshire Start-Up Programme and mainstream business support and growth services, by providing tailored support to early stage businesses with the propensity to grow.
At present there are 16 services that make up the Hertfordshire Growth Package, totalling £19,827,428.Explore the Hertfordshire Growth Package
Visit Herts is a partnership based organisation that is contributing to the county’s ‘place making’ agenda by promoting the Hertfordshire offer through our attractions and hospitality sector and in working with and supporting businesses to create further opportunities for commerce.
It is jointly funded by the LEP and Hertfordshire County Council, operating as Hertfordshire’s ‘Destination Management Service’ and providing specialist support to businesses in the tourism and hospitality sectors. Visit Herts became Hertfordshire’s first Destination Management Service in 2015. The core funding over three years is £300,000, with the LEP contributing half of that sum.
Visit Herts’ work is targeted around three areas of activity:
- Partnership work, providing the strategic coordination of activity across the county and seeking collaborative opportunities to leverage additional resource and opportunity;
- Marketing and campaign activity, to encourage visitor traffic and to introduce commercial opportunities to businesses in the tourism and hospitality sectors;
- Helping to increase the quality of Hertfordshire’s visitor offer, inclusive of specialist business support to businesses operating in the visitor economy.
Headline outputs include:
- 5% increase in numbers of visitors and value during contract, rising to 7% in year 3 of the contract;
- Based on the Cambridge Economic Impact Assessment published in December 2018 (analysing 2017 data), the Visit Herts contract is currently exceeding target;
- A 6% increase in total value, comparing 2015 and 2017 data, representing an additional £132m into the economy each year. The visitor economy has a value of £2.2 billion within the overall Hertfordshire economy.
Better Business for All
Better Business for All is Hertfordshire regulators’ response to reducing the burdens on business and aims to support growth by building stronger relationships between businesses, local regulators and other interested parties.
It was formed in 2013 and works to boost business productivity and growth by making it easier for businesses to access the regulatory support they need from Local Authorities such as Trading Standards, Environmental Health, Licensing and others.
BBFA also works with regulators to help them better understand the challenges faced by businesses. Access to this support is via Hertfordshire LEP’s website, or businesses can use the ‘Talk to Reg’ tool to check which Local Authority each area of regulation falls under for their business.Visit Better Business for All