The call is now open for ambitious female entrepreneurs from Galway, who are looking to take their business to the next level, to apply for the latest cycle of Going for Growth, the award-winning business development initiative. Going for Growth is a six-month part-time programme, supported by Enterprise Ireland and KPMG, which assists ambitious female entrepreneurs to achieve their growth aspirations. There is no charge to those selected to participate.
This is the 14th year of Going for Growth and more than 800 female entrepreneurs have so far taken part in the programme. A total of 91% of participants on the 13th Going for Growth programme reported that they pivoted their businesses to adapt to prevailing circumstances, and an overwhelming 98% said that their participation in the programme brought about practical change within their business.
The figures, which were gathered in their end of cycle survey, show the resilience and determination of the entrepreneurs on the programme – and the value of the peer support they received while participating.
The 56 participants who took part in the 13th Going for Growth programme grew net employment during the six months of the programme by 163 – an additional 93 full-time and 70 part-time jobs.
They had a combined turnover of almost €162 million at the start of the cycle, which had grown to €176.25 million at its conclusion – representing an increase of €14.25 million (8.8% ).
The survey also found that seven participants from the programme started exporting for the first time – which is quite a feat during a global pandemic.
Going for Growth participants found that the round table sessions translated into practical changes in their business. All participants said they would recommend the programme to others.
Past participants from Galway include Aisling Joyce of Joyce’s Supermarket and Alma McGrath of Med Aesthetics.
Aisling took part in the 13th cycle of Going for Growth.
“Participating in Going for Growth has been invaluable to me both on a personal and business level. I have gained huge clarity and confidence over the six months through building and having a safe network of peers and spending time working on my business and not just in my business. I would recommend any female entrepreneurs out there to participate.”
Alma McGrath took part in the 12th cycle of Going for Growth and, this year, took part in Continuing the Momentum, which is a further development programme for former participants of Going for Growth.
“I am so very grateful to have been chosen for Going for Growth. It really made me focus on the areas of my business that I was neglecting. I felt so supported by the group of women and my Lead Entrepreneur.”
The programme is seeking applications from female entrepreneurs – across all sectors – who are strongly focussed on growth. Ideally, businesses should be well established. Applications will also be considered from highly innovative entrepreneurs at an earlier stage of their development if they have already generated some sales and are focused on growth in export markets. (Eligibility criteria in notes below )
Sixty places will be available for the 14th cycle of Going for Growth, which will run from January to June 2022 and the deadline for applications is Thursday, December 16, 2021. There is no charge for those selected. Anyone interested is encouraged to register on the website goingforgrowth.com and a link to the application form will be sent to them.
Those selected for the Going for Growth initiative join interactive round table sessions led by Lead Entrepreneurs.
The Lead Entrepreneurs are successful business women with personal experience of growing a business. These high-profile business leaders volunteer their time to encourage participants to set and achieve personalised goals and milestones to address the opportunities and challenges they face in driving growth in their businesses.
Some of this year’s Lead Entrepreneurs include five previous Going for Growth participants: Dr. Anne Cusack, formerly Critical Healthcare; Chupi Sweetman-Durney, Chupi; Gillian O’Dowd, Azon Recruitment Group, Jeananne O’Brien, Artizan Food Co. and Oonagh O’Hagan, Meaghers Pharmacy Group. The other Lead Entrepreneurs include Fidelma McGuirk, Payslip andMonica Flood, formerly Olas IT.
Áine Denn, co-founder and formerly of Altify, and Breege O’Donoghue, formerly of Primark, will lead Continuing the Momentum round tables. This is a further development programme for former participants of Going for Growth.
Check out www.goingforgrowth.com for more details.