Tag: Bradford

Northern Max 3 cohorts prepare for the big pitch!

The Northern Max 3 programme has just finished its final workshop! 10 weeks have flown by and through hard work and dedication, so much has been achieved by all involved.

Workshop 10 had a different feel to the other sessions as it was based around pitching your business.  Russell Copley took the cohort through a whistle-stop tour of all things pitching and investment, and then we spent the rest of the session coaching the businesses helping them craft their approach, all with the valuable support of Penny Coulthard from North Invest.  The accelerator programme, and in particular, this final workshop has been building the businesses up in preparation for the live pitching event on the 2nd July.

The final event will see the cohort present their businesses to a panel of 4 judges, in front of a large (zoom) live audience all in the hope they will be crowned ‘winner’; although each business is very deserving of that title regardless of the outcome.

The last session was topped off with the final masterclass with Ellen Chapman, MD of TrickleNet.  TrickleNet were the very worthy winners of last year’s 10by10 accelerator programme in Lincoln.  Ellen was full of praise for the programme and helped allay any fears/nerves/wobbles the current cohort may have before the face the panel next week.  ‘It is terrifying but you just have to think what have I got to lose’ – wise words from Ellen, who hasn’t looked back since she won with her business going from strength to strength.

The Northern Max 3 programme has taken the 15 businesses through 10 workshops, 3 speed-dating sessions, and a total of 5 masterclasses (and 1 pitching final on its way), and it has been a fantastic journey.  There will be many case studies to follow as a result of everyone’s hard work, so watch this space!

Northern Max 3, is a specialist business support programme for digital and technology firms in the Leeds/Bradford area.  This fully funded business support programme, running across a period of ten weeks, started on 23 April.  Northern Max 3 is being delivered virtually by Greenborough Business Management’s 10×10 accelerator programme in partnership with Bradford Council and AD:VENTURE, a business support programme for new businesses in North and West Yorkshire funded by the European Regional Development Fund (ERDF). It forms part of AD:VENTURE’s pledge to continue to support businesses using online tools despite the pandemic.

For more details on the Northern Max 3 programme, visit https://ad-venture.org.uk/northernmax3

Northern Max 3 Hits the halfway point on virtual delivery and top marks on results!

The Northern Max 3 programme is now over half-way, having just delivered its 6th workshop, 3rd masterclass and 2nd ‘speed dating’ meeting.  The programme is taking the 15-strong cohort through a very intensive workshop schedule where there has been a lot of self-assessment and analysis resulting in some startling revelations about themselves!

The cohort have been working collectively throughout the programme and have already developed relationships that will continue post the 10-week programme.

Week 3 delivered by Sara Scott focused on route to markets and the core elements that make up, influence and affect a business’ brand.

Alison Bull, Founder of Tandem Agency delivered week 4’s workshop and built on the foundations of Sara’s session looking at profiling the customer.

Lisa Grogan, co-CEO of Overlap Associates addressed the cohort from Canada about user-centred design to develop strategies, plans and a way of solving problems and the principles of how she started and grew her business as well as juggling a family life.

Week 5 featured Paula Finch talking about people and resources, where she led the group through a shared understanding of the principles of neuro-linguistic programming (NLP) and how this is critical to building work teams.

Week 6 started with Sankar Sivarajah, Head of School of Management at Bradford University talking all things circular economy, partnerships and the importance of inclusive strategies.  Annabelle Beckwith followed the masterclass with her session on Partnerships and Collaborations and the importance of finding the right business partner – along with the horror stories!

Initial feedback from participants has all been positive, some highlights below:

“It helped me to think about what my audiences are looking for and how to speak to them in a way that will make them take action”

“the presentation skills really made me think about my own development and how I can look to improve how I interact with people”

Northern Max 3, is a specialist business support programme for digital and technology firms in the Leeds/Bradford area.  This fully funded business support programme, running across a period of ten weeks, started on 23 April.  Northern Max 3 is being delivered virtually by Greenborough Business Management’s 10×10 accelerator programme in partnership with Bradford Council and AD:VENTURE, a business support programme for new businesses in North and West Yorkshire funded by the European Regional Development Fund (ERDF). It forms part of AD:VENTURE’s pledge to continue to support businesses using online tools despite the pandemic.

For more details on the Northern Max 3 programme, visit https://ad-venture.org.uk/northernmax3

Bradford Northern Max programme goes virtual

A business support programme for digital and technology firms in Bradford is switching to virtual delivery due to the coronavirus pandemic. 

Northern Max 3, which is in its third year, will now be delivered online, and technology-oriented companies less than three years old are invited to take part. 

The free business support programme will take place over ten weeks, starting on 23 April. It includes one-to-one mentoring alongside workshops and masterclasses led by experienced business coaches. Topics covered will include preparing a business plan, setting targets, profiling target customers and marketing. There will also be a focus on helping companies exploit opportunities when the COVID-19 restrictions are lifted, as well as an opportunity to pitch for potential investment at the end of the programme. 

The aim of Northern Max is to enable companies in the digital sector to grow and develop the reputation of Bradford and the Leeds City Region as a hub for the technology community. Forty companies have received Northern Max support since the programme started in 2018. 

Cllr Alex Ross-Shaw, Bradford Council’s Portfolio Holder for Regeneration, Planning and Transport, said: “As part of our aim to be the UK’s fastest growing economy in the next decade, we are committed to supporting our businesses with programmes like Northern Max.  

“Now more than ever, we need to ensure our small businesses get the support they need, so  they are prepared to drive growth as we recover from the effects of COVID-19. That’s why we are moving this fantastic support programme online to make sure that nobody misses out. 

“I am delighted to see exciting young companies and entrepreneurs being given access to business support like this. Programmes like Northern Max, which are delivered by industry specialists, will give businesses the crucial support network they need and that will ultimately benefit Bradford and the wider region as we emerge from the current crisis.” 

Entheos Media Group took part in the programme in 2019 and have since been able to expand their client base. Creative director Ryan Murphy said: “The programme was enormously helpful for taking our own expertise in our given field and giving us the tools necessary for transforming our skills into a functional and growing business.  

“Since our time at Northern Max, we’ve got funding, grants and have gained a bigger client base than we ever would have without it. The workshops and talks were exceptionally helpful at giving us the insight and outside-the-box thinking that allowed us to see our business in a whole new light, and allowed us reshape our business model so that we could grow exponentially.” 

Northern Max 3 will be delivered virtually by Greenborough Business Management’s 10×10 accelerator programme in partnership with Bradford Council and AD:VENTURE, a business support programme for new businesses in North and West Yorkshire funded by the European Regional Development Fund (ERDF). It forms part of AD:VENTURE’s pledge to continue to support businesses using online tools despite the pandemic. 

Michelle Davis, part of the 10×10 team at Greenborough, said: “We are thrilled to be selected as the delivery partner for Northern Max 3. 10×10 is passionate about helping firms to grow through our bespoke business accelerator programme and wrap-around support.  

“The workshops will be engaging, interactive and relevant to businesses needing to make the most of commercial opportunities as the economy recovers from the effects of COVID-19. The 10×10 team have great experience of delivering programs remotely and are looking forward to making a difference to businesses from Bradford and the wider Leeds City Region.” 

For more details on the Northern Max 3 programme, visit https://ad-venture.org.uk/northernmax3/. 

Bang for your buck: Here are the best locations to run your business in the UK

New rankings reveal the best locations to run your business according to average rent prices, size of the talent pool, access to government funding and broadband speed

Leeds leads the way as one of the best places to set up a business

Four Leeds City Region locations appear in the top ten in the UK

From monthly bills to access to the best talent, a new ranking reveals the best places in the UK to run a business – and Leeds City Region is leading the way.

Having developed the ranking system based on evidence from a variety of metrics linked to setting up and running a business, Leeds City Region Enterprise Partnership (LEP) aims to highlight some of the best locations around the country for business leaders to set up shop.

The ten metrics used to create the ranking system were:

  • Price per square foot for commercial rent properties1
  • Parking availability and price (£)2
  • Number of finance and support schemes available from Government3a & 3b
  • Broadband speed (average download speeds Mbit/s)4
  • 4G coverage (%)4
  • Unemployment rates (%)5
  • Quality of life score6
  • Young population (ages 18-34) (potential employees for businesses)7
  • Number of arts, entertainment and recreation services/professional, scientific and technical businesses per 1000 18/34-year-olds8
  • Annual media gross pay (2019)9

The LEP also reviewed population statistics10 in the top ten metropolitan districts, as well as the capital, and ranked each according to the ten metrics

The three best areas for business leaders to pay attention to were revealed as Leeds, Kirklees and London, with Leeds leading the way as the number one location for businesses across all metrics.

The top ten places to run a business from in the UK according to these measures are:

  1. Leeds
  2. Kirklees
  3. London
  4. Bradford
  5. Liverpool
  6. Birmingham
  7. Wakefield
  8. Coventry
  9. Manchester
  10. Sheffield

With the average rent per square foot coming in at £301, Leeds is not the lowest cost destination to host a business. Kirklees* takes that coveted spot with the average rent per square foot in the area costing only £13.501.

However, Leeds ranks best in terms of low unemployment rates (4%)5, a high quality of life score (7.76)6, a large percentage of young population in the city (222,673)7 and a high annual pay (£33,245)9, helping the city achieve the overall top spot.

Looking outside of Leeds City Centre, other areas within Leeds City Region also ranked highly for low rent prices alongside Kirklees* (£13.50)1, including Bradford (£15)1, Wakefield (£16)1 and Sheffield (£25)1. The findings indicate the Leeds City Region should be a real consideration for any business leaders looking for a new location.

Bradford also ranked highly for the average cost of parking, which on a weekday is only £3.342 compared to rocketing prices in places such as London (£44)2.

For businesses still looking to establish their headquarters in London, leaders should be prepared to pay 344% more per square foot compared to Kirklees, with the average rent in the capital coming in at a hefty £60+ per square foot.

Unsurprisingly, businesses based in the capital have access to a higher volume of government funding schemes (44)3 compared to other cities, however everywhere within the Leeds City Region (including Leeds, Bradford, Wakefield and Kirklees) has access to an impressive 12 schemes3b. Manchester (10)3, Coventry (4)3, Birmingham (3) and the other listed cities also have access to a range of funding opportunities, should businesses qualify.

Other costs to be considered include energy bills, however this is determined by the size of the business rather than location. Large businesses can expect to foot a bill of around £3,139 each year for energy compared to £706 for small businesses11.

In addition to these metrics, Leeds has a large volume of higher education student enrolments, with over 63,00012 currently in the city, meaning businesses have access to a high volume of graduates who are keen to begin their professional careers. The education ecosystem in Leeds City Region also boasts nine universities and 14 higher education colleges contributing to a fast-growing talent pipeline.

Roger Marsh OBE DL, Chair of the Leeds City Region Enterprise Partnership (LEP) and NP11 commented “We’re thrilled to take the top spot when it comes to entrepreneurs looking for a place to set up their business. We truly believe that the Leeds City Region has so much to offer, from top of the range office space and a thriving business scene, to an impressive talent pool, it’s a fantastic place for any business to start, or continue their journey.

“We’ve so far helped 11,000 businesses to grow through £43 million funding, and have also launched the £2.5 million Digital Investment Fund which includes the #Grow and #Welcome programmes to help tech businesses thrive in our region.”

“With tech giants such as Channel 4 and Sky making the leap to the Leeds City Region, we look forward to welcoming more businesses to our community.”

Recent investor Paramjit Uppal, Founder, AND Digital added “We decided to open an office, or as we call it, a club, in the heart of Halifax as we saw a fantastic opportunity to help organisations in West Yorkshire accelerate the development of its digital capabilities. West Yorkshire is a vibrant, welcoming region with a real appetite for growth and innovation – we’ve been delighted by the warm and enthusiastic welcome we’ve had and the support we have received from the LEP.”

Tender for the Ad:Venture Accelerator Programme 2020

Tender for the Ad:Venture Accelerator Programme 2020

City of Bradford Metropolitan District Council (CBMDC) wishes to continue the success of the Northern MAX accelerator programme by launching Northern MAX 3 in early 2020, the third programme in as many years.  Northern MAX is an intensive business support programme delivered in Bradford to serve digital technology start-up businesses based in the Leeds City Region.

As such, CBMDC is inviting submissions from Service Providers to deliver an accelerator programme with a digital technology sector focus to a third cohort.

Northern MAX 3 will form part of the Leeds City Region European Regional Development Fund (ERDF) Ad:Venture programme which will deliver a programme of activity to enhance the competitiveness of small and medium sized enterprises until March 2022.

CBMDC is a partner in the Leeds City Council led Ad:Venture consortium of Local Authorities, Chambers of Commerce, the Princes Trust and the Universities within the Leeds City Region.  The Ad:Venture programme targets pre start-ups and businesses to 3 years trading, identified as having high growth potential, with the propensity to create jobs, trading predominantly business to business and is available to most business sectors. The package of support includes; expert mentoring, events and workshops, finance brokerage, grants, business incubator space, one to one consultancy projects and peer to peer learning.

The successful bidder will work closely with the CBMDC Digital Enterprise Advisor to support the delivery of a successful Northern MAX 3 accelerator programme.  The Digital Enterprise Advisor will provide ongoing support to businesses following the completion of the Northern MAX 3 programme. The successful bidder will also be expected to liaise with the Ad:Venture core programme team based in Leeds regarding marketing, ERDF compliance and documentation.

The Accelerator Programme will be 50% funded by ERDF and 50% funded by CBMDC.  The contract will be between CBMDC and the successful bidder.

For full details and submission guidance please CLICK HERE

£31m added to regional economy thanks to social enterprise

A Yorkshire-based social enterprise has announced it has boosted the region’s economy by £31m in the last 12 months as well increased lending to female entrepreneurs by 9%.

 

The Business Enterprise Fund (BEF), has made the announcement as part of its annual social impact report which also reveals the not-for-profit organisation has loaned a total of £7.08m in the last year, helped to create 175 new UK businesses and generated or safeguarded 820 jobs.

 

Specialising in responsible and flexible finance to businesses making an impact in their communities, 36% of BEF’s loans in the last 12 months were to female-led businesses across West and North Yorkshire and the North East.

 

Steve Waud, chief executive at BEF which is celebrating its 15th anniversary later this year, said: “At BEF we remain dedicated in our role to supporting under-represented yet tenacious SMEs across the North, who don’t necessarily have the same level of investment available to their counterparts in the South.

 

“We are proud that 36% of our loans in the year have been to female entrepreneurs which is higher than the industry average and we’re continuing to promote the support available to help tackle the evident funding gap, which has also recently been highlighted in the Alison Rose Review. The economic impact our lending continues to generate is something we are hugely proud of at BEF.”

 

BEF has made 331 client deals in the last 12 months with the highest number of loans being made to businesses in the manufacturing (25%), business services (18%) and retail (17%) sectors.

 

Shainy Moscovitch and her husband co-founded CP12 Energy, a gas and heating specialist partnering gas safe engineers with domestic and commercial jobs. A £50,000 loan from BEF contributed to creating three new jobs, marketing activity and fitting free carbon dioxide detectors across the North East region.

 

She said: “Most would think the odds are against me. I am a female entrepreneur and I am currently writing this with my one-month old baby beside me. BEF looked past all that and saw the company that I am passionately building. It is their belief in me and CP12 Energy that has given us wings to grow and expand.”

 

Steve said: “As part of our commitment to the United Nations Sustainable Development Goals (UNSDGs), we continuously aim to empower people from all backgrounds in starting their own businesses with our tailored support and flexible finance solutions.

 

“This year 40% of our lending has been within lower-layer super output areas which is a 6% increase from last year. These individual businesses are in areas which can be excluded from mainstream funding but are often having the highest impact within their communities.”

 

BEF has hired five new employees this year in a bid to provide further support and finance to business owners across the North of England, including the North West. Further to its lending, the social enterprise has supported a range of good causes including its continued work with Bradford charity, One In A Million for which it raised more than £7k in the last year.

 

The Business Enterprise Fund has offices in Leeds, Bradford, Goole and Teesside. For more information please visit www.befund.org

AD:VENTURE’S APPOINTMENT TO BOOST DIGITAL HEALTH INNOVATIONS

AD:VENTURE has added further strength to its growing Yorkshire-based team with the announcement of a new Digital Health Enterprise Advisor, who aims to boost the support offered to high tech start-ups operating in the digital health sector.

Helping high-growth small businesses in realising their big dreams, Rav Panesar will be responsible for mentoring Digital Health and Medical Technology start-ups, offering them tailored one-to-one advice, guidance and support.

Not only will Rav help high-growth new and young businesses to access masterclasses around business growth, he will also support with funding and connecting his clients with specialist industry experts, including NHS Digital and research institutes.

Rav will be based in Bradford with Bradford Council’s Business, Investment and Enterprise team but will work across the whole Leeds City Region.

 

Councillor Alex Ross-Shaw, Portfolio Holder for Regeneration, Planning and Transport, said: “This appointment is a great move for Bradford and our AD:VENTURE partners across the wider city region.

“The district has well established strategic strengths in medical and digital innovation with a strong track record in supporting and developing high tech companies. Having a specialist advisor on hand to support businesses in this high growth sector is excellent for the district and will support the wider economic strategy of the Council, adding even greater value to Bradford’s already excellent offer to its businesses. Following on from the very successful Northern Max programme we welcome the opportunity to nurture more businesses in digital and health technology, continuing to create a culture of enterprise and innovation for Bradford.”

Rav comments: “I really enjoy helping entrepreneurs realise their ambitions whilst reinforcing the importance of utilising technology as a vehicle to innovate within the digital health sector.  Supporting small businesses that have big ambitions has always been a passion of mine and this role provides me with the ideal opportunity to do so.”

Prior to his new role with Ad:Venture, Rav worked with young people and businesses, teaching them about the jobs of the future and pathways to securing the best career. He has also assisted several organisations to grow and develop through his experience of working on various European Funded business support programmes.

“I spend a portion of my time at the Digital Health Enterprise Zone, which is a collaborative space for academics, health professionals and businesses to get together. Here we innovate and test concepts or prototypes. It’s all very exciting.”

For further details about AD:Venture – the dynamic regional partnership which offers genuine, hands on support to new and growing businesses who have been trading for less than 36 months – please visit www.ad-venture.org.uk , follow @Adventure_LCR on Twitter – or contact Rav directly at ravinder.panesar@bradford.gov.uk