Small country business support Sheila Robinson Business Consultant Scotland...
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Transcript of Small country business support Sheila Robinson Business Consultant Scotland...
Science of Incubation
• Some aspects of business support for entrepreneurship are universal
• First the ‘numbers game’
• Designing the outreach (how my SME survived)
Pre Start
• Population of 5m,
• Lowest business start up in the UK,
• High unemployment
• Target between 500,000 and 750,00 people to get ‘some’ new businesses
• 1 in 5 will consider a business
Planning
• Population at this stage is 250,000
• 1 in 50 of that group will do Market Research, Business Planning, seek Funding
Launch
• Around 20,000 business ideas will get to Launch
Survival
• Around 8,000 of those businesses will survive for 5 years
• Many will be ‘Mom & Pop’
• Its still a significant shift in Enterprise culture
From the Funnel
• That population would provide enough growth companies for one sustainable incubator (rental model of sustainability)
Key Targets
• Women as entrepreneurs – vastly under represented
• Young people
• Disadvantaged groups in the cultureS
Use ICT to deliver
• It will speed up the education
• Create greater outreach
• Break down the barriers against ICT in women’s groups, disadvantaged areas
• Develop a consistent structure of incubation
Create icons
Building ICT
Markets
• National Markets – food, health, environment
• International Markets – ICT, pharmaceuticals, bio tech, communications, finance
• Local niches – look for the commercial angle – ‘sambaza’
Delivery Plan
RecognisableBrand
High Growthprogramme
Supplier networking
Incubators
Training
Sources of, and schemes for, financing start-up and growth
Effectivesignposting
SingleGateway
Advisory & Counselling
Business champions
Educationalschemes
Investornetworks
Entrepreneurialnetworks
Networkedincubation
CorporatespinoutUniversity
spinoutprogrammes
Ideas Bank
Formal business mentoring
Fast trackgrowth
programme
Exportprogrammes
Supplier training or accreditation
Careers advice
Screening
Roadmap
BusinessAngels
Re-trainingschemes
Fast tracking forunder represented
groupsEngagement and
awareness raisingfor under
represented groups
Specialistadvisorysupport
Investorreadiness
Culturaliconsand
artifacts
Coordinated events calendar
Media strategy
Master Plan
Leadership
Sponsorship Privatesector
support
Consistent and integratedtoolkit, widely adopted
Capacity Building and Capacity toDeliver
Evaluation Plan
Information Management Plan
Intensity of offline deliveryIntensity of online delivery
Resource Planning and Performance Measurement
Community based capacitybuilding
EnterpriseRoadshows
EnterpriseCulture
Client Tracking and Referral System
Aw
aren
ess
rais
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an
d a
ctiv
e si
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po
stin
g t
hro
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h e
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inte
rag
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wo
rkin
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Pre Start Start-UpAwareness raising Growth
Existing Enterprise Funnel – an example