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.