Is my business eligible?
The programme is exclusively targeted at high growth businesses who want to enter their next growth phase and have the potential and determination to get there.
In order to be accepted on the programme, your business:
- Must be based in Wales and have fewer than 250 employees
You must also be able to demonstrate you have the potential to:
Grow turnover by at least 20% year on year or for younger firms achieve a minimum growth of £2 million turnover over 3 years
Generate at least 10 new jobs in 3 years, a proportion of which are above average salary for Wales
Start or grow your ability to unlock opportunities in international markets that are ripe for growth
Pre start and new ventures are accepted but they must start trading within 12 months and be looking to achieve growth at the levels outlined above
Recruitment onto the Programme will be considered initially via an expression of interest which will cover eligibility criteria. Once this is confirmed, the next step will be an in-depth diagnostic covering business idea, growth potential and outline the support required to develop the business. Once a diagnostic is undertaken, if it is viewed you do not meet the criteria for the Accelerated Growth Programme, alternative support will be offered via the Business Wales Service.