Leadership and Management Budget 2011-2012
First details of the LMAS (Leadership and Management Advisory Service) funding
The first details are now emerging of the Leadership and Management funding that will be available to businesses in England and Wales between April 2011 and March 2012.
The Leadership and Management Advisory Service (LMAS) will provide up to £1,000 of funding towards projects that improve the leadership and management skills of the key people in businesses that are aiming for growth. The funding is all to be 'matched funding' this year meaning that for every pound spent by a customer, LMAS will provide an additional pound of funding up to a £1,000 limit.
The funding is only available to businesses that can demonstrate the following:
- They have between 2 and 250 full time employees
- For companies trading less than 12 months, that they are aiming to turnover at least £500k within 3 years
- For companies trading more than 12 months, that they can acheive growth of 20%pa each year for the next three years
We'll provide further details including special eligible programmes once we have them.







