4iP Investment Workshop Nesta


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  • Hello I’m Angela Pugh from NESTA I’m here to tell you about the Creative Business Mentor programme we are running that matches creative companies with industry experts in their field to act as mentors – we believe that this support helps transform businesses and get them ready for what’s next
  • NESTA is the National Endowment for Science Technology and the Arts. We work to support innovation in the UK through investment in to early stage technology companies Rigorous and independent policy and research And through innovative programmes that demonstrate new ways of working in the public sector and the rest of the economy specifically the creative industries
  • This is our second year of the programme The first year of the programme was highly successful. We matched 24 mentors with 24 companies – here’s a list We also held industry event with Lord Puttnam, Greg Dyke and Sir Chris Powell. We worked with PACT and Grant Thornton. Our workshops tackled issues on business growth, leadership. finance and investment.
  • Some of the thing that mentors have helped businesses with include: Business structures Professionalising the business Planning systems & procedures Financial control & management Staff changes Marketing & sales approaches Exit & succession planning
  • And the positive impact on the businesses was in areas such as helping them becoming in a: Better shape for growth & exit have higher expectations/aspirations More confident leadership & management Quicker & better decision-making processes Better connected businesses Confident to face future challenges
  • As this is our second year of running the programme. What it offers is to the opportunity for high growth businesses within creative sectors to work closely with a senior executive in their industry for a year and to attend several workshops and events through out the year. What is particularly relevant today is that we believe mentoring provides much needed support to businesses who are looking to grow by better team management, accessing finance and strategic direction A few of the mentors are: Peter Bazalgette (Non-Executive Director, New Baz Limited), Tim Bonnet (CEO, Tequila) and Patrick McKenna (Chief Executive, Ingenious Media Group) How it works: The programme runs for a year from August 2010 to August 2011 Mentors provide one-to-one mentoring to one company over the course of the year Mentees attend an induction workshop and three programme and industry workshops through out the year Along with mentoring the programme gives companies access to a executive coach – the mentors support the businesses and the coach supports the individuals to make the most of their mentoring sessions
  • So if you’re interested Application period NESTA website All companies that meet the criteria
  • The application will take about 15-20 mins We are asking for company details: description, structure, Aspirations for the future, turnover figures for the last 4 years (if you have them) and head count for last four years again if you have these as three is the actual requirement. Introduce David Squire from desq. Desq is a digital media company from Sheffield. They were on the programme last year mentored by Andrew Chitty the MD of Illumina Digital. David is going to talk about is own experience of the programme and what he got out of it. Thanks David
  • 4iP Investment Workshop Nesta

    1. 1. NESTA Creative Business Mentor Network
    2. 2. Angela Pugh NESTA
    3. 3. NESTA <ul><li>Investment – into early stage technology businesses </li></ul><ul><li>Policy and Research – rigorous and independent </li></ul><ul><li>Innovation Programmes – demonstrating new ways of working in public sector and rest of economy including Creative Industries </li></ul>
    4. 4. <ul><li>The mentors: </li></ul><ul><li>Lord David Puttnam, NESTA Mentor Champion </li></ul><ul><li>Tess Alps, CEO, Thinkbox </li></ul><ul><li>John Bartle, Co-founder,BBH </li></ul><ul><li>Nick Blunden, MD, Profero </li></ul><ul><li>Peter Bazalgette, Media Consultant, NewBaz Ltd </li></ul><ul><li>Tim Bonnet, CEO, TEQUILA </li></ul><ul><li>Andrew Chitty, MD, Illumina </li></ul><ul><li>Alex Connock, CEO, Ten Alps </li></ul><ul><li>Peter Cowley, MD of Digital Media, Endemol UK </li></ul><ul><li>Wayne Garvie, Director, BBC Worldwide </li></ul><ul><li>Alex Graham, CEO, Wall To Wall </li></ul><ul><li>Mike Kelly, MD, Northern Alliance Limited </li></ul><ul><li>David Kershaw, CEO, M&C Saatchi </li></ul><ul><li>Howard Kiedaisch, MD, Arts Alliance Media </li></ul><ul><li>Ray Marshall, MD, Festival Film & Television </li></ul><ul><li>Moray MacLennan, Global CEO, M&C Saatchi </li></ul><ul><li>Patrick McKenna, Chairman, Ingenious Media </li></ul><ul><li>Andrew O'Connor, CEO, Objective Production </li></ul><ul><li>Louise Pedersen, MD, All3Media International </li></ul><ul><li>Paul Sandler, MD, Objective Productions </li></ul><ul><li>Andy Taylor, Director, All3Media </li></ul><ul><li>Steve Taylor, Director at Aegis </li></ul><ul><li>John Varney, Former CTO, BBC </li></ul><ul><li>Charles Wace, CEO, Two Four </li></ul><ul><li>Stephen Woodford, Chairman & CEO, DDB  </li></ul><ul><li>Andrew Zein, MD, Tiger Aspect </li></ul><ul><li>The companies </li></ul><ul><li>Agency Inc </li></ul><ul><li>Airlock </li></ul><ul><li>Avatar Productions </li></ul><ul><li>Axis Animation </li></ul><ul><li>CitySocialising </li></ul><ul><li>Connected Pictures </li></ul><ul><li>DESQ </li></ul><ul><li>Distilled Ltd. </li></ul><ul><li>Glasshead </li></ul><ul><li>Hotspur and Argyle </li></ul><ul><li>Jason Bruges Studio </li></ul><ul><li>Kindle Entertainment </li></ul><ul><li>Lambent Productions </li></ul><ul><li>Love Productions </li></ul><ul><li>Mammoth Screen Limited </li></ul><ul><li>nameless media group ltd </li></ul><ul><li>Novarising </li></ul><ul><li>OTPLOctober Films </li></ul><ul><li>Worldwide </li></ul><ul><li>Que Pasa </li></ul><ul><li>Roughcut Television </li></ul><ul><li>The Neighbourhood </li></ul><ul><li>Thinkpublic </li></ul><ul><li>Traffic Digital </li></ul>
    5. 5. Areas that mentors have helped businesses <ul><li>Business structures </li></ul><ul><li>Professionalising the business </li></ul><ul><li>Planning systems & procedures </li></ul><ul><li>Financial control & management </li></ul><ul><li>Staff changes </li></ul><ul><li>Marketing & sales approaches </li></ul><ul><li>Exit & succession planning </li></ul>
    6. 6. The effects on business performance <ul><li>Better shape for growth & exit </li></ul><ul><li>Higher expectations/aspirations </li></ul><ul><li>More confident leadership & management </li></ul><ul><li>Quicker & better decision-making processes </li></ul><ul><li>Better connected businesses </li></ul><ul><li>Confident to face future challenges </li></ul>
    7. 7. NESTA Creative Business Mentor Network <ul><li>A Network of Creative Companies mentored by leading senior executives in their industry </li></ul><ul><li>Getting creative businesses better prepared for growth </li></ul><ul><li>HOW IT WORKS: </li></ul><ul><ul><ul><li>1 year programme </li></ul></ul></ul><ul><ul><ul><li>one-to-one mentor sessions 2/hrs month </li></ul></ul></ul><ul><ul><ul><li>Workshops – 1 induction workshop + 3 programme workshops </li></ul></ul></ul><ul><ul><ul><li>2 one-to-one coaching sessions </li></ul></ul></ul>
    8. 8. How to Apply <ul><li>Application period – 1 st of June – 30 th June </li></ul><ul><li>Via the NESTA website www.NESTA.org.uk </li></ul><ul><li>Open to all companies that meet the initial criteria </li></ul><ul><ul><ul><li>Creative Media Company: TV, Ad, Digital, Games, Film, Animation, Publishing, Music </li></ul></ul></ul><ul><ul><ul><li>UK based companies </li></ul></ul></ul><ul><ul><ul><li>Established businesses with 3 years of trading </li></ul></ul></ul><ul><ul><ul><li>Minimum turnover £250,000 </li></ul></ul></ul>
    9. 9. The Application <ul><li>15-20 minutes information about your company including: </li></ul><ul><ul><ul><li>Company description </li></ul></ul></ul><ul><ul><ul><li>Company structure </li></ul></ul></ul><ul><ul><ul><li>Aspirations for the future </li></ul></ul></ul><ul><ul><ul><li>Approximate company turnover figures for the last 4 years </li></ul></ul></ul><ul><ul><ul><li>Headcount of company staff, including freelancers, for the last 4 years </li></ul></ul></ul><ul><li>The closing date for applications is 12.00 midnight on Wednesday 30 June 2010. </li></ul>
    10. 10. Creating absorbing digital experiences We design and develop compelling and robust digital content to educate, entertain and inform. David Squire Founder and Director, DESQ www.desq.co.uk