The UK government has announced a £20 million investment in programmes to improve leadership skills in small businesses nationwide to aid their recovery following the coronavirus lockdown.
Two schemes have been announced to help businesses to adapt to the changing conditions of the coronavirus pandemic and improve business management, productivity and problem-solving skills.
The Small Business Leadership Programme will focus on upskilling decision-makers to help them better address new management challenges and plan for their businesses’ recoveries and futures. Business will undertake a series of 90-minute webinars delivered by leading business experts across a 10-week programme, and will also be required to complete up to two hours of independent study and peer supported learning per week.
Additionally, the Peer Networks Programme will focus on helping business owners improve their problem-solving skills, through a series of guided exercises focusing on common challenges, such as finding new customers and adapt a business model.
Small Business Minister, Paul Scully, said:
I know from my own experience of running small businesses just how valuable the advice and experience of experts and peers can be when you are looking to grow your company.
“The strength of small businesses up and down the country will be vital as we begin to bounce back from coronavirus and re-build our economy. These schemes will help equip small business leaders with the leadership, resilience and problem-solving skills they need to grow their firms in the wake of this pandemic.”
There are 2,000 places available on the Small Business Leadership Programme and 6,000 on the Peer Networks programme.