Learn from an experienced financial director

Meet an Entrepreneur in Residence

This week’s Entrepreneur in Residence is Sue Anderson of Pendle doors who with her husband has worked to build a successful manufacturing business. We have a number meeting slots available to meet with Sue on Wednesday, please email enterpriseteam@lancaster.ac.uk  to book.

Sue Anderson (Financial Director of Pendle Doors)

Wednesday 6th December

Pendle Doors are a family business and one of the UK’s leading manufacturers of British made modern and contemporary high quality internal and external timber doors, doorsets, secured by design entrance systems, glazed screens and purpose made joinery to  the construction industry, including the Education, Healthcare, Residential and Leisure sectors.

Sue initially joined the business which was set up by her husband Steve on a part-time basis doing the accounts, as the business grew substantially this became a more hands-on full time role. The firm has enjoyed enormous growth and success through the hard work and dedication of Sue and the entire workforce and has built a reputation based on reliability and service.

 

Funding Update: Samuel Bafunso

Samuel Bafunso (MSc International Innovation (Entrepreneurship), 2016) received an Enterprise Funding award for his business, SB Consultancy Ltd. Here he shares his update.

SB Consultancy Limited was founded in 2016.  SB are the initials for the founder (Samuel Bafunso).

SB Consultancy Limited is a management and marketing consultancy. We provide design, digital and marketing services for  individuals and businesses of all sizes. As a company, we help craft digital experiences that combine design, technology and strategy.

The Lancaster-China Catalyst Programme was instrumental to the birth of SB Consultancy Limited. By being a part of a multidisciplinary graduate team which provided support for two different UK-Chinese company collaborative partnerships; I realised and finally articulated my personal mission, which was to help individuals and organisations, do whatever they do, but better.  Whilst in China, I was very fortunate to work with a few successful entrepreneurs and in the process, I developed a number of productive relationships. This put things in perspective for me, and I decided that when I returned to the UK, I would set up my own consultancy, which offers a range of services to small businesses to improve their overall business execution.

After returning from China, I participated in a few UK-China Entrepreneurship and Investment competitions. The feedback which I received from these competitions gave me the much needed confidence to continue with my entrepreneurial journey.

I have worked closely with the Enterprise Team from the onset, and they have helped shape my company into what it is today. The support which I have received from the team has been invaluable; from spending quality time in working through my business model canvas, providing financial support for my business to introducing me to other successful entrepreneurs within the industry.

With regards to the financial support; I received £500 from the Enterprise Fund, sponsored by Santander Universities, which was very instrumental to the growth of my company.  The bulk of the  fund was primarily used to cover transportation costs to meet my first 3 potential clients in London, Leeds and Lancaster. I also used some of the funding to print some business cards for my company which have been useful at various networking opportunities. Being awarded the enterprise fund made life easier for me at the start and I’m very grateful for that support which I received.

I have now worked on over 12 different projects with a range of clients and the business is growing rapidly. I am very excited with the progress so far and also looking forward to the future. I am very keen to connect and work with other entrepreneurs.

I am very passionate about growing businesses so please feel free to have a look on our website or contact us on any of our social media pages to see how we can help you.


Connect with Samuel on social media and online: Website | Facebook | Twitter |

Run your idea past an entrepreneur

Meet an Entrepreneur in Residence

We have meeting slots available with four Entrepreneurs in Residence over the coming two weeks, they come from a variety of sectors with a wide range of experience and advice to impart to budding entrepreneurs. Below are the profiles of each – if you would be interested in meeting any of them, please email enterpriseteam@lancaster.ac.uk

Ruth Power (Director of Business Development at Financial Management Bureau)

Wednesday 22nd November

Ruth is on the board of a financial services SME in Cumbria, employing over 35 staff servicing over 2000 clients with financial planning and advice. Her role involves developing enhanced service strategies, communicating with potential new customers, looking after the needs of existing customers and managing internal communications. Ruth has had the benefit of a complete career change which has given her experience in both the public and private sector, education and management and now marketing.

 

Jane Dalton (Director of Groundswell Innovation)

Friday 24th November

Jane Dalton has managed brand strategy and innovation projects for companies with global brand reach for the past 17 years – from Unilever global brand teams through to banks and service brands across Europe . Cross-cultural customer understanding and creative problem solving in highly regulated markets are particular strengths. Her skills sets comprises of strategic brand planning and brand positioning, the commercialisation of intellectual property, innovation management, new product/service development and qualitative market research

 

Glyn Jones (Business Partnership Manager, Faculty of Health and Medicine, Lancaster University)

Friday 24th November

Glyn Jones is the Health Business Partnership Manager in the Health Engagement and Innovation Team at Lancaster University’s Faculty of Health and Medicine. Glyn’s role involves supporting the creation and growth of health and social care focused SMEs by providing mentoring, signposting, procurement advice, workshops, student projects and access to clinical staff, patients, carers and evaluation resources. He also volunteers as a primary school governor and a Trustee of a local youth project.

 

 

 

 

 

 

 

 

Chris Cox (Managing Director of George Cox & Sons)

Thursday 30th November

George Cox & Sons is an award-winning £15m per annum turnover business specialising in high-quality highway and footway projects. Chris has been Managing Director of the company for 20 years.The company employs 100 staff out of three offices within the North West of England, has it’s own in-house apprenticeship and mentoring programme, and was one of the early pioneers of the ‘Investors in People’ within its sector and it’s own employees lead the company Community charity.

Disruptive Innovation Festival 2017

Online, open access event that asks the question: what if we could redesign everything?

Accessing the Disruptive Innovation Festival is simple as it is all online and free! The festival will involve 200 hours of content streamed throughout it’s three week duration, including live studio discussions, animations, pre-recorded videos and roundtable debates with leading thinkers. Whilst watching you can chip in with your your own thoughts or questions.

When? It’s already kicked off – 6th-24th November

Find out more on the thinkdif.co

Learn from experienced International Entrepreneurs!

We are excited to have two US based entrepreneurs – Bill Lewis and Renwick Brutus coming to Lancaster to share their experience and expertise with budding Lancaster entrepreneurs. Take a look below at their profiles and email the Enterprise Team to book a place on either (or both!) of the sessions. Both sessions will take place in Learning Zone Pod 4.

Bill Lewis (Advisor to the Board – Temasys Communications)

Talk and Q&A – Tuesday 14th November, 11am-1pm

‘Things I wished I had known when I was 20’

Bill Lewis, Lancaster alumnus, former international corporate director, serial entrepreneur, author and speaker will be sharing his worldly lessons including both successes and failures. Being threatened with murder by the head of a Caribbean Drug Cartel and being bombed out of Beirut, Bill has seen more than most in this life time. His wisdom and relaxed style will help to inspire you to do great things, avoid many mistakes, and live a life of health, wealth, joy and recognition.

 

Renwick Brutus (Founder & CEO of Achievement Resources & UDECOM LLC)

Thursday 16th November, 10am-12pm

Renwick believes in the power of the possible. His uncanny ability to identify issues, extrapolate solutions, project the positive, and prioritise the path to success informs his every moment – personally, in business and as a community leader. Renwick grew up in rural Guyana and experienced a powerful mix of adversity and accomplishment. He later moved to the US to study for an MBA and went on to work on Wall Street, where he was recognised numerous times for outstanding achievement in the financial and investment services industry. Now based in Michigan, Renwick owns three companies, consults with an impressive list of clients, is in demand as a motivational speaker and is writing a book.

 

Innovation needs time

‘Time is worth more than money’

A recent article on Strategyzer’s blog discusses the importance of allowing adequate amounts of time for serious innovation including time to explore, test and de-risk ideas. The article focuses on workers within organisations who are often expected to innovate on top of their day job. However, time is of course important for any innovator whether it’s part of your job or not – do you think you are allowing enough time for innovation?

Read the full article on Startegyzer’s Blog.

New student-run investment fund

Campus Capital to invest thousands in Lancashire startups

Lancaster University have signed a partnership with venture capital firm, Campus Capital, to bring investment to the region and further strengthen Lancashire’s startup ecosystem. The model is unique in the sense that the fund is part-run by teams to Student Venture Capitalists!

This partnership will see the investment of between £50k-200k in early stage, high-growth potential companies, on and off campus.  There is a particular focus on ‘making sure existing startups who are already doing great things get the investment they need to scale.’ It is hoped that the fund will help to increase opportunities for companies to collaborate with the University, stay and grow in the region.

Campus Capital will open to Lancashire-based startups in the New Year, although companies who are considering fundraising within the next six months are encouraged to get in touch sooner.

Fancy trying your hands at being an venture capitalist?

Students are given the opportunity to take part in an experiential learning opportunity where they will be trained as Student Venture Capitalists to run some of the early aspects of the fund pipeline. In addition to training, students will receive ongoing mentoring and experience of assessing and analysing a company’s investment-readiness. Application to take part in the scheme are now open, you can find out more here.

To find out more, visit the Campus Capital website.

Funding Update: Leon Seefeld

The South Africa Challenge 2017

My name is Leon Seefeld and I am an International Business Management student at Lancaster University. The generous sponsorship of the Enterprise Centre and Santander Universities enabled me to participate in a programme called South Africa Challenge. For two weeks in summer, this programme takes young and passionate people out to the beautiful country of South Africa to develop their leadership and entrepreneurship skills. Through theoretical input and practical experience in the form of social projects, participants grow personally and make a meaningful difference in the townships of Durban, South Africa.

It was an absolutely amazing experience to be exposed to the entrepreneurial environment in Durban. A major part of the challenge consisted of meeting partners and learning about their stories in the space of entrepreneurship. We were able to talk to the Durban Chamber of Commerce, Bizfarm (a company providing entrepreneurial support), Catalyx Consulting (a social enterprise catalysing the CSR (corporate social responsibility) budgets of large corporates and community developing initiatives) and many more. Learning from people who successfully entered this exciting space was truly inspiring.

Through our own project development and implementation, we all were able to learn a lot about how to set up an international project or organisation. Especially the research on a particular issue and the creative collaboration to work out solutions are things that I will benefit from for future initiatives and internationally operating businesses. As previously mentioned, meeting so many partners not only inspired me but also taught me how important reliable business partners on the ground are when setting up something outside of your immediate surroundings.

Since all the people we met are really open-minded and appreciate every outside perspective on the problems that they have been dealing with for a long time, I was able to build a large network of people and contacts that I can refer back to in the future. My work at Enactus Lancaster, dealing with various projects in the space of social entrepreneurship, will benefit from this new network, and even I personally can see myself coming back to Durban and continue working with these amazing people.

But not only my Durban specific horizon was widened during our trip; also, my general entrepreneurial skills like pitching, holding meetings, working with the business model canvas and defining visions and values around an idea were strengthened. I developed both as a person, and as an entrepreneur, and took many more things home than I initially expected. Particularly the early stages of a project and organisation are things I dived deeper into and I worked on my own approach.

Finally, I can say I even refined my knowledge about and view on the entrepreneurial mindset. Whilst creating a workshop for young people to evaluate themselves and decide if they might be an entrepreneur, I did a lot of research. I can now say that I have a clearer picture on what an entrepreneur actually is and what the key characteristics are.

Overall I am really grateful for having had the opportunity to participate in the programme; learning so much about entrepreneurship in South Africa (and in general) and meeting so many inspiring people. I am certain that this experience will play a major role in my future career and engagements. I would like to that the Enterprise Centre for making this possible for me and can only recommend exploring this space to everyone else. This is truly a lesson for life.

What’s new for 17-18?

If you’ve engaged in Enterprise & Innovation support through us previously, you are probably wondering what’s happened to the Wednesday IdeasLab and Thursday StartupLab sessions.

We found that so many people were bringing new ideas, having just a couple of fixed-time drop-in sessions per week wasn’t giving everyone enough time and space to get the attention they needed

So, this year we’re opening up more slots and letting you call the shots on when they should happen.  We’re still calling them Labs, but there are now lots of different Lab types to choose from.

How does it work?

The idea is simple – we’ll help you put together a personalised development programme and you work through it at your own pace. Whenever you’re ready to work on something new, you book a Lab session and we’ll supply the space, the know-how, the resources, and, where appropriate, bring in like-minded collaborators.

To make this work though, there are a couple of other things that have changed.

  • Firstly, before you start ‘dropping in’, we’ll ask you to register or re-register by completing a short Registration Form so we can get you into the system.
  • Secondly, we’ll book you in for a 1-2-1 chat (called an IntroLab) so we can find out more about you, what you are trying to achieve and what you are looking for right now.
  • Thirdly, we’ll get you underway so you can start putting together your bespoke development programme from our new menu of different Lab types. Regardless of what you are working on or where you are up to, there’ll be something for you.

To get started right away, please complete the Registration Form.

To find out more about Labs, please visit this page.

Global Entrepreneurial Leaders Summit

Live Stream of WildHearts Global Entrepreneurial Leaders Summit

To ‘celebrate the power of entrepreneurship as a force for social and economic change,’ the WildHearts Group host Global Entrepreneurial Leaders Summits, bringing together some of the world’s leading Corporate, Social and Founding Entrepreneurs.

The next summit is being held in London on the 5th of October. The Summit includes sessions on Women in Leadership, Business for Good (both local and global) and Impact-full education. The day includes many inspiring speakers including Elizabeth Nyamayaro, Head of UN’s #HeForShe campaign.

The great news is that you can watch the Summit live from the comfort of your own room on the WildHearts Group Facebook page. It will also be available for catch up following the event.