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Welcome to Competition Launch 2006/07. Programme An introduction by Stephen Hagen Followed by our Keynote speaker Carole Egerton Glasses Direct Panel.

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Presentation on theme: "Welcome to Competition Launch 2006/07. Programme An introduction by Stephen Hagen Followed by our Keynote speaker Carole Egerton Glasses Direct Panel."— Presentation transcript:

1 Welcome to Competition Launch 2006/07

2 Programme An introduction by Stephen Hagen Followed by our Keynote speaker Carole Egerton Glasses Direct Panel elevator pitches from Katie Alcott Frank Water Elaine Flint Social Enterprise Works Simon Dawson Hiring and Firing Richard Dennys Brilliant Weekends Jim Orkney Kinneir Dufort Peter Weeks Business Link Questions and Answers Session with the Panel Networking and Buffet 5.30pm 5.40pm 5.50pm 6.00pm 7.00pm

3 An introduction by the Chair Stephen Hagen Director Centre for Research, Innovation and Graduate Studies and former Director of four businesses

4 Sponsored by

5 Supported by

6 Social Enterprise and Entrepreneurship Social Enterprise: ‘A business with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners’ (DTI, 2002) Social Entrepreneurship: ‘The art of simultaneously pursuing both a financial and a social return on investment (the “double bottom line”)’ (Institute for Social Entrepreneurs, 2005) There are 15,000 Social Enterprises in the UK: 475,000 people involved in the sector as employees and volunteers; combined turnover of £18 billion (DTI, 2005)

7 Main types of social enterprise Workers co-operative Community co-operative Community enterprise Housing association Fair trade company Charity trading arm Development Trust/ Community Development Corporation Credit union Social firm Source: Adapted from Pearce, 2003

8 Prizes Best Business Idea: Runner-up for best Business Idea: Best Social Enterprise Idea: Runner-up for best Social Enterprise Idea: Marketing Prize: Merit Awards: £5,000 + 1 year in UWE incubator £2,500 £5,000 + 1 year in UWE incubator £2,500 1 year Associate Membership to the CIM and a free course worth up to £500 10x £100 for outstanding entries

9 Stage 1: Your Idea Launch Student Enterprise Conference – University of Bath Free Business Seminars in November and December Online resources

10 Stage 2: Idea Summary (online form) Core judging criteria and score weighting Impact of Idea Summary on judges (written, visual as appropriate) - 10% Inventiveness or uniqueness of idea - 20% Viability and sustainability - 20% Level of commitment and passion (individual or team) - 20% Overall impression - 30%

11 Stage 3: Finalists: Business Plan Core judging criteria and score weighting Impact of Business Plan on judges (written, visual as appropriate) - 10% Inventiveness or uniqueness of idea - 20% Viability and sustainability - 20% Level of commitment and passion (individual or team) - 20% Overall impression of Business Plan - 30%

12 Keynote speaker Carole Egerton Glasses Direct

13 Panel elevator pitches from Katie Alcott Frank Water Elaine Flint Social Enterprise Works Simon Dawson Hiring and Firing Richard Dennys Brilliant Weekends Jim Orkney Kinneir Dufort Peter Weeks Business Link

14 Panel Speaker Katie Alcott Frank Water

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20 Panel Speaker Elaine Flint Social Enterprise Works

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22 Panel Speaker Simon Dawson Hiring and Firing 2005/06 Finalist

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25 Panel Speaker Richard Dennys Brilliant Weekends

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32 Panel Speaker Jim Orkney Kinneir Dufort

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34 Who are

35 we are design innovation consultants a team of 40 people Research & User Understanding Creative Brainstorming and Concepts Design Development & Engineering Prototyping & Trial Manufacture Design for Mass Production

36 Bristol Newcastle Based in the UK

37 taiwan japan USA argentina italy india germany denmark sweden finland belgium ireland Operating globally Clients in 12 countries 50% export

38 Over 1000 innovation projects Healthcare Telecommunications High Technology Packaging

39 Panel Speaker Peter Weeks Business Link

40 Business Link Peter Weeks – Business Adviser

41 Role of Business Link Help businesses to: Start Grow Adapt to change Information Advice Support

42 How do we work with you? First port of call on any issue No charge Impartial Not “free consultancy” Introduce you to providers of services Local

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44 What do clients say? “ You have demonstrated incredibly quickly a very strong understanding of our company and what we are doing. Your support at the meeting last week was tremendous and we shared your vision. (We) are very grateful for your open, honest and clear guidance.” “ Thanks for coming to see us yesterday. I felt very positive afterwards, and we certainly would like to go ahead and get further advice from you. … this is a wonderful opportunity. We will construct a list of topics to open the batting!”

45 Contacts National number 0845 – 6009006 Local number 01275 373373 national www.businesslink.gov.ukwww.businesslink.gov.uk local www.businesswest.co.ukwww.businesswest.co.uk mailto: info@businesswest.co.uk

46 Questions and Answers Session with the Panel

47 Thank you and keep in touch enterprise@uwe.ac.uk


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