Royal Bank of Scotland offers a boost to Scottish small businesses growth


Royal Bank of Scotland offers a boost to Scottish small businesses growth

The Boost programme will offer a digital source of support, and access to a team of Business Growth Enablers servicing every region of Scotland.

Through a dedicated digital portal, small businesses can get access to valuable business insight and be connected to a team of 11 Business Growth Enablers operating across Scotland.

Launched by Royal Bank of Scotland, Boost is a new initiative designed to help companies move forward by establishing the right connections between businesses and offering access to relevant experts and resources.

Through a dedicated digital portal, small businesses can get access to valuable business insight and be connected to a team of 11 Business Growth Enablers operating across Scotland. The Business Growth Enablers will provide their local knowledge and networks, help businesses to connect with each other, provide hands-on expertise and training, and host regular workshops and events in their areas.

An entirely free project, the initiative is being officially launched at Royal Bank of Scotland’s Gogarburn Conference Centre in Edinburgh on January 19.

Marcelino Castrillo, Managing Director of Business and Private Banking at Royal Bank of Scotland, said:

“Small businesses represent 54% of all private employment in Scotland.

“The sector is crucial to the economic success of the Scottish economy and it is important that as a bank for Scotland we do everything that we can to help them prosper.

“Being a small business owner brings its own unique set of challenges and our recent Enterprise Monitor report showed that whilst small business owners want to grow, only 36% know where to go to for advice to help enable that growth and just a third feel they have access to the relevant advisors.

“Through Boost we aim to make this easier. We aim to create a pathway to the correct networks and make it easier to find the resources people need at all stages of growth. We will also give small businesses access to specialist services provided by partners including KPMG and Worldpay.”

Research by Royal Bank of Scotland and YouGov shows that 86% of small businesses acknowledge new business connections boost their growth, yet a third are still struggling to make them. Networking is seen to be so vital that a fifth currently spend up to £1,000 to make a single new business connection.

Malcolm Buchanan, Chair of the Royal Bank of Scotland’s Scottish board, added: “The Royal Bank of Scotland has supported Scottish business for 290 years and Boost is an opportunity to help a new generation of business owners grow and develop.

“This is a great opportunity to help bring the people, talent and skills we have across the country together to help our entrepreneurs and industries prosper.”

For more information visit the Boost programme website.

Related articles

Scottish economy shows continuous improvement according to latest Royal Bank of Scotland Business Monitor

Scottish business is preparing for a positive start to 2017 following a decent close to 2016.

Royal Bank of Scotland supports National Plan for Responsible Business

The Scottish National Action Plan for Responsible Business (SNAP-RB) has been launched by Business in the Community (BITC) Scotland as a driver of business collaboration to create a fairer society, stronger economy and more sustainable communities.

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox