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Renfrewshire Council Leader unveils promise of wage subsidy for every firm

Every small-to-medium-sized Renfrewshire firm will be able to access council financial support to create a job for an unemployed young person.

Councillor Mark Macmillan made the promise as part of the second anniversary celebrations of Invest in Renfrewshire – the council’s programme to boost business and tackle unemployment.

Under the Renfrewshire Employer Offer, any small-to-medium-sized firm hiring an unemployed young person will be eligible for financial support to help pay that person’s wages.

A firm taking on a young person for more than 25 hours per week will get 50 per cent of national minimum wage for up to 40 hours a week, for up to 12 months.

Invest in Renfrewshire employment conference

Invest in Renfrewshire already runs an employer recruitment incentive programme, while Jobcentre Plus have a similar scheme called the Youth Contract – but the conditions and size of grant depend on who you go to, and who you appoint.

Under the Renfrewshire Employer Offer, the council will top up any gaps in the Jobcentre scheme, meaning the same conditions are on offer across the board.

Invest in Renfrewshire and Jobcentre Plus staff will advise any business on which support best suits them, meaning the vacancy-filling process is simplified for all.

Councillor Macmillan said: “The council is determined to ensure local companies can get the help they need to grow their business and their workforce.

“That’s why we have made such a significant financial contribution to boosting local firms and tackling unemployment through the Invest in Renfrewshire programme.

“Over the two years of Invest in Renfrewshire we have made great strides in tackling unemployment – the rate of local 18-24 year-olds claiming Jobseekers’ Allowance is now just over six per cent, having been above 11 per cent when Invest started.

“In that time more than 650 companies have signed up to benefit from our packages of financial support – but we are always looking for new ways to make things easier.

“With that in mind, the Renfrewshire Employer Offer neatly ties together some schemes that are already there – our own wage subsidy programme, and the Jobcentre Plus equivalent.

“This way, any business knows they can get the same level of support, with the same terms and conditions – no matter which organisation they approach first.”

Cllr Macmillan’s announcement was made as part of a two-day celebration of Invest in Renfrewshire’s second birthday, featuring a showcase and awards ceremony for local businesses, and a conference for employability professionals.

The conference saw around 200 delegates from organisations and training providers from across the area gather to hear updates on latest news and to share ideas on how inequality can be tackled in the job market.

For more information on Invest in Renfrewshire, call 0300 300 1180, email invest@renfrewshire.gov.uk, or visit www.investinrenfrewshire.com[/vc_column_text][vc_separator icon=”star”][/vc_column][/vc_row]

Renfrewshire Business hub opening

New hub for local firms is open for Renfrewshire business

A one-stop shop where local firms can find out how to get financial help has been officially opened for business.

The Invest in Renfrewshire Business Hub in Lawn Street, Paisley was given the seal the seal of approval by invited guests from the local business community at a recent event.

Invest in Renfrewshire is Renfrewshire Council’s flagship £8m programme to boost the local economy and tackle youth unemployment.

The new facility is open for any local company – whether big or small – to pop in and find out more about the range of support on offer through Invest in Renfrewshire.

It also boasts meeting rooms and will be a venue for networking and business information events, with a series of ‘meet the expert’ clinics in the pipeline.

To mark the official opening, Renfrewshire Council Leader Mark Macmillan welcomed representatives of local firms, training providers and partner organisations to a business breakfast at the hub.

He said: “The council sees the local economy as a top priority, which is why we have made a sizeable financial commitment to the Invest in Renfrewshire programme.

“It is essential that small businesses are given the chance to thrive, and the council has a key role to play in creating conditions in which that can happen.

“The new business hub is intended to be exactly that – a central place where local firms can visit, attend events, access funding, and network with other professionals.

“Our team of business development advisors are on hand to offer help and advice, as will staff from Business Gateway, who will be based there one day a week.

“We would also encourage any small businesses who need somewhere to go to meet clients can use the facility by booking one of our meeting rooms.”

Support on offer to local businesses through Invest in Renfrewshire includes the following;

– business growth grants of up to £10,000 to help firms develop new products or pay for property improvements and IT equipment

– financial help of up to £5,000 for any company taking on an unemployed person or a graduate intern

– loans to help businesses grow or meet the cost of specific projects

– retail improvement grants and help with staff training.

Find more opportunities and information by going to www.investinrenfrewshire.com

rocco2013

Renfrewshire Chamber launch 10th ROCCO Awards

Get ready to ROCCO…

Renfrewshire Chamber are delighted to announce that their 10th annual business awards, the ROCCOs, are now open for entry. This year the Chamber has 16 ROCCO awards, all free to enter and open to all Renfrewshire Chamber members and also non-members based in Renfrewshire. The awards ceremony itself will be held on the 15th November at The Normandy Hotel with Fred MacAulay returning as host.

rocco2013The ROCCOs are the premier business event in Renfrewshire and have been a sell out for many years filling the venue to its capacity (just under 500).

The ROCCO awards and sponsors for 2013 are:

1. ROCCO Award for Customer Service sponsored by intu Braehead
2. ROCCO Award for Journey to Zero Waste sponsored by the William Tracey Group
3. ROCCO Award for Excellence in Manufacturing sponsored by the Scottish Leather Group
4. ROCCO Award for Innovation & Technology sponsorship available
5. ROCCO Award for Business Leader of the Year sponsored by Diageo
6. ROCCO Award for Family Business of the Year sponsored by The Malcolm Group
7. ROCCO Award for Outstanding Performing Business 5 & 25 staff sponsored by the Phoenix Car Company
10. ROCCO Award for Best New Business sponsored by Business Gateway
11. ROCCO Award for Community Champion of the Year sponsored by Engage Renfrewshire & The Royal Bank of Scotland
12. ROCCO Award for International Trade sponsored by Glasgow Airport
13. ROCCO Award for Young Business Person of the Year sponsored by Reid Kerr College
14. ROCCO Award for Employer of the year sponsored by Rolls Royce
15. ROCCO Award for Invest in Renfrewshire sponsored by Renfrewshire Council
16. ROCCO Award for Enterprise in Education sponsored by the University of the West of Scotland

Commenting on the launch of the 10th ROCCOs, chamber President Tom Johnston said “I encourage all organisations to consider entering; the ROCCOs are a great way to be recognised for your achievements. And for those wishing to attend and reward staff & clients with a great night I recommend you reserve your seats soon as the event will sell out”.

The shortlist will be announced by the end of September with finals judging taking place mid-October. The closing date for entry is the 6th September 2013 and the twitter hashtag is #2013ROCCO

For more info and to enter please visit www.roccoawards.com

Funding for new start businesses in Renfrewshire, East Renfrewshire & Inverclyde

For individuals thinking about starting their own business, knowing the right people to ask for advice and information is vital to the success.

For many prospective business owners accessing funding sources is also important in the start-up process. Through Business Gateway, businesses in Renfrewshire, East Renfrewshire and Inverclyde can potentially access some early stage funding provided by the local authorities.

(This news update is from the Business Gateway Ezine, you can find out more by clicking the following link.
http://news.bgateway.com/2013/05/funding-for-new-start-businesses-in-renfrewshire-east-renfrewshire-inverclyde/ )

Renfrewshire – The Renfrewshire Microloan

The Renfrewshire Microloan fund, delivered by Invest In Renfrewshire, aims to support the creation of new enterprises and support the growth of existing micro and small businesses that have potential to create jobs and generate additional economic value.

Unsecured loans of between £1,000 and £5,000 are available with repayment terms of up to 2 years to both new and existing businesses which are unable to secure funding elsewhere but have a viable business capable of repaying a loan.

Loans can be used for the following:

  • Start-up costs including the purchase of existing businesses
  • Provision of working capital
  • Purchase of assets
  • Purchase of commercial property, property extensions or alterationsbusiness-gateway

Inverclyde – Launch Pad Grant

In Inverclyde, the local authority Launchpad Grant (LPG) offers up to £1000 grant support for capital expenditure on business development activities. The LPG provides ‘gap’ funding which is the minimum finance needed to allow a project to proceed after a business – which has been trading for at least six months – establishes how much it can raise itself and from banks and other lenders.

East Renfrewshire – The East Renfrewshire Microloan

Micro and Social Enterprise loans will be available from June 2013 for smaller scale start up projects and social enterprise projects. Loans of between £1,000 and £3,000, repayable over three years, can be accessed through the East Renfrewshire Credit Union.

For each of the local authority funds application and eligibility criteria apply. To find out further information and eligibility criteria, please contact us on 0141 585 6353. We will also post updates on our information and advice for local businesses on Facebook and Twitter.

Find out more by visiting the Business Gateway website here.