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The type of business support offered ranges from free advice on office rentals and business administration to guidance on imports, tax, marketing and cash flow management. Sirius also signposts applicants on to other potential sources of funding and has excellent working relationships with local banks and other support agencies.
Sirius also offers loans, typically between £5,000 and £7,000 to local new or expanding small businesses. Alongside the loans, the programme offers business advice on financial and commercial matters. There have very few Sirius business failures since the loan fund was established, mainly due to our on-going support, mentoring and intensive help when things 'get tough'!.
The loan fund is open to applications from anyone in the designated area, of Hull and Holderness. This includes Beverley, Cottingham, Anlaby and Hornsesa
Sirius' unique managed partnership approach allows a co-ordinated and focused delivery of a range of 'in-house' business support services. This includes an agreed 'pick-and-mix' approach to a managed range of monitored business advice and support.
Sirius' comprehensive business support service includes
- Business start-up, planning
- Advice, support and mentoring
- Funding, loans for leverage
- Business plan compilation
- Market research
- Financial planning
- Grant applications and information
- Finance procurement
- Liaison with banks and other agencies
- Encouragement
- Negotiation for property
- Acting as an information gateway
- Sourcing specific training
- IT support of Marketing, tax & skills advice
- Health & Safety support
- Mentoring & support for existing companies
- Financial advice in disputes, ombudsman, factoring
- Cash flow and debt recovery
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