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'Helping Your Business Grow'
Breakfast Series
Stockport
19 January 2017
Welcome and introductions
Ian Dixon
Access to Finance Team Leader
Business Growth Hub
Agenda
08.35 - Business Growth Hub update, Ian Dixon, Access to Finance Team Leader, Business Growth Hub
08.45 – Stockport Council update, Councillor Kate Butler, Stockport Council
08.55 – Stockport Business Finance Scheme, Andrew Nichols, Senior Loan Manager,
Business Finance Solutions
09.10 – Guest speaker, Adrian Thomas, Director, Kast Energy Solutions
09.30 – Questions and answers
09.45 - Closing remarks, Business Growth Hub
09.50 - Networking and refreshments
10.30 - Event closes
Housekeeping
• Fire procedure
• Phones on silent
• WiFi
• Login:
• Password:
• Twitter:
• @bizgrowthhub
• #BGHEvents
• Feedback forms on chairs
Please leave your feedback
Please take a couple of minutes before the
networking to complete the feedback form and
return it to the Hub staff
Business Growth Hub
Update
Ian Dixon
Enable Growth, Create Jobs, Improve Lives
To transform the economy of Greater Manchester, delivering growth and prosperity to
the city region by providing research and analysis to drive policy and delivery, raising
Manchester’s profile, attracting investment, helping businesses grow and providing
individuals with new skills and employment opportunities.
MGC Purpose
Evaluation Report
• 83% of clients have told us that they would rate Business Growth
Hub services as good or excellent
• 93% of clients would recommend us
“I am receiving wonderful
support in getting my business
off the ground in areas which
are new to me My business
advisor has been invaluable in
linking me with people and
events enabling me to proceed
from one step to another.”
“The support I received
was brilliant and very
comprehensive. The level
of support and the amount
was just perfect for me and
the company.”
Marketing and communications
Our events
3717
Event
attendees
Just to say thank you for a
really good event and fantastic
speaker, the networking will
hopefully lead to business.
Thanks again to all at the Hub
for support and these events.
Delivery Partners
Private Partners
Finance Partners
Network Partners
University Partners
Media Partners
Public Partners
We help entrepreneurs and growing
businesses in Greater Manchester
with the skills and support they need
to succeed, through:
• Enquiries line
• Networking/conferences
• Online resources
• One to one support
• Industry/sector specific programmes
• Workshops/masterclasses/clinics
• Partnership networks
How can we help?
• Common pitfalls
• Planning and strategy
• Training and development
• Promoting your business
• Discovering product
markets
• Market research
• Research and development
Starting a business Accessing Finance
• Navigating finance options,
NWBA/CO Angel
• Investment readiness
• Business planning support
• Financial modelling
Introductions to funders
• Exporting
Leadership & Strategy
• Management and company
structure advice
• Governance
• Leadership skills
• Business planning & target
setting
• One to one skills
• Succession planning
Workforce
• Developing your workforce
• Finding the right people for
your business
• Talent management
• Understanding the skills
gap
• Communications
• Structures
• Culture and values
“I want to start a business”
“I want to know how I can
finance my business”
“I want the right structures
and capability in place to
lead my business”
“I want the right people
and capability to develop
my business”
How can we help?
• Expanding a customer base
• Generating leads
• Diversify into new markets
• Exporting
• Market research
• Supply chain management
• Domestic/International
tenders
• Digital/marketing strategies
• Product marketing
Finding new markets Innovation
• Identifying opportunities
• Fostering an innovate
culture
• Bringing a new product or
service to market
• Commercialisation
• Harnessing technologies
• Eco-design of products,
packaging and processes
• Specialist R&D
Operational efficiency
• Systems and process
review
• Reducing operating costs
• Managing output, quality
and performance
Sustainability
• Developing eco-design of
products, packaging and
processes
• Harnessing new
technologies. E.g. digital
• Reducing operating costs
“I want to increase sales &
find new markets”
“I want to develop and
launch a new product or
service to market.”
“I want to increase the
operational efficiency of
my business”
“I want to be
environmentally
sustainable & reduce my
carbon footprint”
Department for International Trade
What we do
We are responsible for promoting Exporting is GREAT in the North West, working with partners to
ensure our clients take advantage of the huge opportunities open to UK businesses overseas.
Responsibilities
• Deliver international trade services across the North West under contract to DIT, European
Commission and DCLG.
• Providing one-to-one support to help NW businesses take their first step into the Exporting
world.
• Encourage current Exporters to expand into new markets to diversify and grow their business.
• Delivery of a range of masterclass activity held throughout the North West on key international
trade topics.
For further information contact:
+44 (0)333 320 0392 | info@tradenw.org | www.great.gov.uk
Your local support
Vincent McIntyre
Business Engagement Officer - Stockport
Vincent.McIntyre@businessgrowthhub.com
07891 949 088
Geoff Clowes
Access to Finance Specialist
Geoff.Clowes@a2fnw.co.uk
07738 980 888
Stockport Council Update
Councillor Kate Butler
Stockport Council
Stockport Business
Finance Scheme
Andrew Nichols
Business Finance Solutions
Stockport Business Finance Scheme
• Stockport Council, in partnership with Business Finance Solutions are launching a range of finance
for Stockport businesses.
• Loans are available from £500 through to £500,000.
• These funds are for Stockport businesses unable to obtain finance from the Commercial Banks.
• Business Finance Solutions are part of the Manchester Growth Company and are a not for profit,
alternative finance provider.
Stockport Business Finance Scheme
• Start-up loans are available from £500 to £25,000 per individual.
• A low interest rate of only 6% p.a. with no additional fees.
• Support with business plans and cash flow forecasts.
• A business mentoring service.
• The scheme is available for individuals who are starting a business or who have been trading for less
than 24 months.
Stockport Business Finance Scheme
• Loans are available from £3,000 to £100,000.
• Interest rates of between 10 and 15% p.a.
• An arrangement fee of 2% and a 1% p.a. monitoring fee.
• Loans can be repaid over any term up to 5 years.
• Stockport Business Loans are available for businesses who are unable to raise the finance they need to
either start up a new business or finance an existing business.
• Loans are not credit scored - decisions are made by Business Finance Solutions on a judgemental basis.
Stockport Business Finance Scheme
• Loans of up to £500,000 are available to Stockport businesses to help increase their export sales.
• The loan could be used as working capital or as cash support to enable a bank to issue a tender bond,
an advanced payment guarantee or a performance bond.
• Repayable up to 5 years.
• 2% arrangement fee - monitoring fees may also apply.
• Interest rates from 4% p.a.
Adrian Thomas - Director
Phoenix House
Whitehall Road
Bredbury
Stockport
SK6 2QR
Stockport based company who specialise in the supply of Energy
Reducing Technologies to businesses and organisations
We help business owners reduce their energy consumption,
lower emissions and lower their operating costs
KAST ENERGY PRODUCTS:
SOLAR PV VOLTAGE OPTIMISATION DESTRATIFICATION FANS
BATTERY STORAGE INFRA RED HEATING ENERGY MONITORING
If you consume
energy we can
help
Our Journey so far:
• KAST Energy Solutions formed in 2014
• Needed Advice and to Market ourselves
• Joined the Stockport Low Energy Network
• Introduction to
• Assigned Advisor - Vicky Wilding
• Identified other teams within Manchester Growth Hub
that could help us
Manchester Growth Hub assistance:
• Green Growth
• Innovation Growth
• Digital Growth
• Growth Mentoring
• Growth Start-up
• Manufacturing and Textile Growth
• Growth Service
• Other MGC services – DIT and Skills Company
• ACCESS TO FINANCE
Access to Finance:
• Introduction to advisor
• Geoff Clowes - Initial review meeting
• Cash Flow and Investor
• Short term finance to help
• Advise on how approach banks and other funding sources
• North West Business Angels
• Investors
Summary:
• You can’t do it all on your own
• Time is precious
• Advisors
• Wide range of advice
• Networking
• Training
• IT’S FREE
IT’S A NO BRAINER
Q&A
Closing remarks
Ian Dixon
Business Growth Hub
Forthcoming events
Business Growth Lunch
27 January, 12:00 – 14:00
UK Fast, Manchester
Prolific North Live – Finance and Growth Hub
15 -16 February
EventCity
live.prolificnorth.co.uk/
All events can be viewed and places booked on
our website www.businessgrowthhub.com/events
'Helping Your Business Grow' Breakfast Series: Stockport

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'Helping Your Business Grow' Breakfast Series: Stockport

  • 1. 'Helping Your Business Grow' Breakfast Series Stockport 19 January 2017
  • 2. Welcome and introductions Ian Dixon Access to Finance Team Leader Business Growth Hub
  • 3. Agenda 08.35 - Business Growth Hub update, Ian Dixon, Access to Finance Team Leader, Business Growth Hub 08.45 – Stockport Council update, Councillor Kate Butler, Stockport Council 08.55 – Stockport Business Finance Scheme, Andrew Nichols, Senior Loan Manager, Business Finance Solutions 09.10 – Guest speaker, Adrian Thomas, Director, Kast Energy Solutions 09.30 – Questions and answers 09.45 - Closing remarks, Business Growth Hub 09.50 - Networking and refreshments 10.30 - Event closes
  • 4. Housekeeping • Fire procedure • Phones on silent • WiFi • Login: • Password: • Twitter: • @bizgrowthhub • #BGHEvents • Feedback forms on chairs
  • 5. Please leave your feedback Please take a couple of minutes before the networking to complete the feedback form and return it to the Hub staff
  • 7. Enable Growth, Create Jobs, Improve Lives To transform the economy of Greater Manchester, delivering growth and prosperity to the city region by providing research and analysis to drive policy and delivery, raising Manchester’s profile, attracting investment, helping businesses grow and providing individuals with new skills and employment opportunities. MGC Purpose
  • 8. Evaluation Report • 83% of clients have told us that they would rate Business Growth Hub services as good or excellent • 93% of clients would recommend us “I am receiving wonderful support in getting my business off the ground in areas which are new to me My business advisor has been invaluable in linking me with people and events enabling me to proceed from one step to another.” “The support I received was brilliant and very comprehensive. The level of support and the amount was just perfect for me and the company.”
  • 10. Our events 3717 Event attendees Just to say thank you for a really good event and fantastic speaker, the networking will hopefully lead to business. Thanks again to all at the Hub for support and these events.
  • 11. Delivery Partners Private Partners Finance Partners Network Partners University Partners Media Partners Public Partners
  • 12. We help entrepreneurs and growing businesses in Greater Manchester with the skills and support they need to succeed, through: • Enquiries line • Networking/conferences • Online resources • One to one support • Industry/sector specific programmes • Workshops/masterclasses/clinics • Partnership networks
  • 13. How can we help? • Common pitfalls • Planning and strategy • Training and development • Promoting your business • Discovering product markets • Market research • Research and development Starting a business Accessing Finance • Navigating finance options, NWBA/CO Angel • Investment readiness • Business planning support • Financial modelling Introductions to funders • Exporting Leadership & Strategy • Management and company structure advice • Governance • Leadership skills • Business planning & target setting • One to one skills • Succession planning Workforce • Developing your workforce • Finding the right people for your business • Talent management • Understanding the skills gap • Communications • Structures • Culture and values “I want to start a business” “I want to know how I can finance my business” “I want the right structures and capability in place to lead my business” “I want the right people and capability to develop my business”
  • 14. How can we help? • Expanding a customer base • Generating leads • Diversify into new markets • Exporting • Market research • Supply chain management • Domestic/International tenders • Digital/marketing strategies • Product marketing Finding new markets Innovation • Identifying opportunities • Fostering an innovate culture • Bringing a new product or service to market • Commercialisation • Harnessing technologies • Eco-design of products, packaging and processes • Specialist R&D Operational efficiency • Systems and process review • Reducing operating costs • Managing output, quality and performance Sustainability • Developing eco-design of products, packaging and processes • Harnessing new technologies. E.g. digital • Reducing operating costs “I want to increase sales & find new markets” “I want to develop and launch a new product or service to market.” “I want to increase the operational efficiency of my business” “I want to be environmentally sustainable & reduce my carbon footprint”
  • 15. Department for International Trade What we do We are responsible for promoting Exporting is GREAT in the North West, working with partners to ensure our clients take advantage of the huge opportunities open to UK businesses overseas. Responsibilities • Deliver international trade services across the North West under contract to DIT, European Commission and DCLG. • Providing one-to-one support to help NW businesses take their first step into the Exporting world. • Encourage current Exporters to expand into new markets to diversify and grow their business. • Delivery of a range of masterclass activity held throughout the North West on key international trade topics. For further information contact: +44 (0)333 320 0392 | info@tradenw.org | www.great.gov.uk
  • 16. Your local support Vincent McIntyre Business Engagement Officer - Stockport Vincent.McIntyre@businessgrowthhub.com 07891 949 088 Geoff Clowes Access to Finance Specialist Geoff.Clowes@a2fnw.co.uk 07738 980 888
  • 17. Stockport Council Update Councillor Kate Butler Stockport Council
  • 18. Stockport Business Finance Scheme Andrew Nichols Business Finance Solutions
  • 19. Stockport Business Finance Scheme • Stockport Council, in partnership with Business Finance Solutions are launching a range of finance for Stockport businesses. • Loans are available from £500 through to £500,000. • These funds are for Stockport businesses unable to obtain finance from the Commercial Banks. • Business Finance Solutions are part of the Manchester Growth Company and are a not for profit, alternative finance provider.
  • 20. Stockport Business Finance Scheme • Start-up loans are available from £500 to £25,000 per individual. • A low interest rate of only 6% p.a. with no additional fees. • Support with business plans and cash flow forecasts. • A business mentoring service. • The scheme is available for individuals who are starting a business or who have been trading for less than 24 months.
  • 21. Stockport Business Finance Scheme • Loans are available from £3,000 to £100,000. • Interest rates of between 10 and 15% p.a. • An arrangement fee of 2% and a 1% p.a. monitoring fee. • Loans can be repaid over any term up to 5 years. • Stockport Business Loans are available for businesses who are unable to raise the finance they need to either start up a new business or finance an existing business. • Loans are not credit scored - decisions are made by Business Finance Solutions on a judgemental basis.
  • 22. Stockport Business Finance Scheme • Loans of up to £500,000 are available to Stockport businesses to help increase their export sales. • The loan could be used as working capital or as cash support to enable a bank to issue a tender bond, an advanced payment guarantee or a performance bond. • Repayable up to 5 years. • 2% arrangement fee - monitoring fees may also apply. • Interest rates from 4% p.a.
  • 23. Adrian Thomas - Director Phoenix House Whitehall Road Bredbury Stockport SK6 2QR
  • 24. Stockport based company who specialise in the supply of Energy Reducing Technologies to businesses and organisations We help business owners reduce their energy consumption, lower emissions and lower their operating costs
  • 25. KAST ENERGY PRODUCTS: SOLAR PV VOLTAGE OPTIMISATION DESTRATIFICATION FANS BATTERY STORAGE INFRA RED HEATING ENERGY MONITORING If you consume energy we can help
  • 26. Our Journey so far: • KAST Energy Solutions formed in 2014 • Needed Advice and to Market ourselves • Joined the Stockport Low Energy Network • Introduction to • Assigned Advisor - Vicky Wilding • Identified other teams within Manchester Growth Hub that could help us
  • 27. Manchester Growth Hub assistance: • Green Growth • Innovation Growth • Digital Growth • Growth Mentoring • Growth Start-up • Manufacturing and Textile Growth • Growth Service • Other MGC services – DIT and Skills Company • ACCESS TO FINANCE
  • 28. Access to Finance: • Introduction to advisor • Geoff Clowes - Initial review meeting • Cash Flow and Investor • Short term finance to help • Advise on how approach banks and other funding sources • North West Business Angels • Investors
  • 29. Summary: • You can’t do it all on your own • Time is precious • Advisors • Wide range of advice • Networking • Training • IT’S FREE
  • 30. IT’S A NO BRAINER
  • 31. Q&A
  • 33. Forthcoming events Business Growth Lunch 27 January, 12:00 – 14:00 UK Fast, Manchester Prolific North Live – Finance and Growth Hub 15 -16 February EventCity live.prolificnorth.co.uk/ All events can be viewed and places booked on our website www.businessgrowthhub.com/events

Editor's Notes

  1. Introduce yourself! Fire regulations Switch phones off Toilets
  2. Part of strategy is to evaluate all our programmes Learn what we are getting right / what needs to improve Better understand the impact of what we do Give us material to input to bids Part of our marketing approach To-date mid term evaluations of some programmes – growth, growth start, mentoring, digital Full for A2F Others in pipeline Some great feedback…. Some things to learn…handover of clients…sector experience…incorporating into new programmes Detailed action plan to build on and adapt to the lessons learnt
  3. Events – amongst unsung heroes of the hub 97% rated events very good / good Up at unearthly hours… Complex programme…multiple partners/topics/locations Key to Hub’s ability to reach out to range of companies 200 year 2016: Venturefest Textbook tendering Innovate UK conference Lunches etc
  4. Already secured £11.6 million from GMCA Put together integrated portfolio of bids…huge task…thank you to everyone involved Maintains hub and introduces new services in response to feedback from clients and requirement of stakeholders Big change is the introduction of new funders and partners Universities MSP National providers National sector bodies Local specialist sector organisations All wanted to be part of the hub…. Where up to on each bid… …growth services, A2F and sectors today …innovation within weeks …Manufacturing being reviewed …start-up awaiting confirmation of availability of match
  5. Already secured £11.6 million from GMCA Put together integrated portfolio of bids…huge task…thank you to everyone involved Maintains hub and introduces new services in response to feedback from clients and requirement of stakeholders Big change is the introduction of new funders and partners Universities MSP National providers National sector bodies Local specialist sector organisations All wanted to be part of the hub…. Where up to on each bid… …growth services, A2F and sectors today …innovation within weeks …Manufacturing being reviewed …start-up awaiting confirmation of availability of match