It's been clear for some time that entrepreneur support and education have just not kept up in a world where new jobs are badly needed and created almost exclusively by entrepreneurs in the startup and SME sector. Now it's time to come together in this time of disruption. It's time for a re-think…and a little lemonade.
A week after chancellor George Osborne decided to shut the doors to the Business Growth Service and the schemes it ran, we have been in continued conversation with the business community to gauge its reaction – and it's been pretty unanimously against the move.
While the chancellor failed to mention the winding down of the Business Growth Service and its initiatives such as Growth Accelerator in his speech or subsequent full Autumn Statement and Spending Review documentation, it has now emerged that it will go as part of wider cuts to the Department for Business, Innovation & Skills (BIS).
Following chancellor George Osborne's Spending Review, the Department for Business, Innovation and Skills (BIS) has announced that the Business Growth Service (BGS) will soon come to an end.