1. Promoting entrepreneurship in deprived urban areas UKTI mission, Prague, 24th January 2006

2. Introduction GLE Scope of our activities Focus on entrepreneurship promotion

3. Greater London Enterprise (GLE) London’s economic development company Established in 1982 Owned by 33 London boroughs Unusual status: Private company / Publicly owned Non-profit-distributing company Do not receive any subsidy GLE in England (London, Manchester, Birmingham), in Brussels, and in the Czech Republic

4. GLE activities GLE Properties (managing and developing commercial accommodation for small businesses) GLE enterprise development (developing and delivering innovative approaches to enterprise and community development) GLE Programme Management and Consulting (Social integration and employment projects, SF programme and project development and management, economic development research) GLE Commercial Finance (providing cashflow, development and asset finance for SMEs together with a range of financial management and payroll services)

5. Promoting entrepreneurship Business Advice Services - through enterprise agencies and training Specialist support to high growth, technology-based businesses (Ready 4 Growth Project) SMEs Internationalisation Self Employment Initiatives Promoting entrepreneurship in deprived urban areas: The European Learning Network – LNet The Local Enterprise Growth Initiative – LEGI Promoting entrepreneurship at schools Small Business Loans for both start up and growth businesses

6. Business Advice Services Important role of local enterprise agencies in the UK GLE runs local business support agencies in South London Promotes entrepreneurship to unemployed people, as well as to existing businesses Training, 1:1 support, business plan development, mentoring services, specialist refugee programme Links with all main stakeholders

7. The European Learning Network (LNet) Led by GLE Involves 5 major EU cities Co-funded by INTERREG IIIC Initiative Exchange experiences and good practices on how to promote entrepreneurship in deprived urban areas Collects case studies, work on toolkits for practitioners Looks into project transferability Influence enterprise policy making www.thelearningnetwork.net

8. Promoting entrepreneurship at schools Enterprising Youth programme 2 – year programme, started in 2004, initiative of DFES, led by GLE The programme focused on: -Setting up an enterprise -Softer skills such as self-analysis, selling skills, relationship management, decision-making -Planning, leadership and management skills Result: 10 students now run a publicity company - Teen Vibes Publicity (TVP). Support from GLE to run the school newsletter

9. The Local Enterprise Growth Initiative – LEGI New UK government Initiative Aims: - To increase entrepreneurial activity in deprived areas; - To support the sustainable growth and reduce the failure rate of locally-owned business in deprived areas; - To attract appropriate investment and franchising into deprived areas, making use of local labour resources. Funding: £300 million for the first 3 years and then £150 million per year All local authorities currently in receipt of NRF are eligible for LEGI funding GLE supports local authorities to get involved in LEGI

10. Entrepreneurship promotion in the Czech Republic GLE could for ex. support Czech government: -to develop more local enterprise support services -to develop business support/development strategies -to provide better access to finance for start-up and growing SMEs Cooperation projects between Czech and UK schools Training in business support and entrepreneurship promotion to Czech authorities

11. Contacts In London: Madeleine Williams, Managing Director: madeleine.w@gle.co.ukmadeleine.w@gle.co.uk In Prague: Nathalie Guri, Consultant: nathalie.g@gle.co.uk and (00420) 720 413 962 nathalie.g@gle.co.uk

12. Thank you for your attention! Děkujeme za pozornost