The Growth Hub will drive high value, innovative and enterprising growth for the businesses of...

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Transcript of The Growth Hub will drive high value, innovative and enterprising growth for the businesses of...

Page 1: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.
Page 2: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a

reformed University Business School at its core.

The Business School will be distinctive for its strong business engagement, focussing on knowledge exchange and

employability for students.

Page 3: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

The ‘go to’ place for business

• A range of innovative and tailored business services• Designed to boost the development of companies with high growth

potential• Increase exports• Fast-track entrepreneurial start-ups• Diagnostic and advisory services • Frontline coaching team• Accelerator programme

• Opening in Autumn 2014 at Oxstalls Campus, Gloucester• A refurbished space designed with business in mind

Page 4: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

Achieve close integration of the teaching and research activities of the University, county-wide business services and the economic development activities of GFirst LEP.

Provide a complete range of services for business which are better integrated and easier to access.

Create a high quality, business-friendly physical environment for the co-location of the University business team, the GFirst LEP, business-engaged academics and complementary external business support activities.

Create a stronger flow of high-skill talent and enterprise into the Gloucestershire economy.

Growth Hub Objectives

Page 5: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

Give University students better support to gain graduate jobs in businesses of all sizes across Gloucestershire or help to set up their own businesses.

Ensure that the University is industry informed, so that courses are developed to reflect industry priorities, and research activities are informed by business need.

Create a culture and way of working that is employer led, innovative and enterprising.

Demonstrate how a University can work in a closely-integrated way with a Local Enterprise Partnership to drive economic growth.

Growth Hub Objectives

Page 6: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

Financial Support

• £2.7M HEFCE Catalyst Fund to support the first phase delivery of business services and integration of the Business School

• £4.3M matched and private funding

• ‘an innovative example of a University working with its LEP and local business to promote economic development.' HEFCE

• The Growth Hub is one of 3 flagship projects in the LEP’s Strategic Economic Plan for the period 2014 – 2020.

• Further investment is being sought through the LEP’s bid to EU Structural Investment Fund & Single Local Growth Fund

Page 7: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

LEP Economic Plan

Page 8: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

The ‘One Stop Shop’GROWTH HUB STAFF• Local Enterprise Partnership• Business Development Unit• Growth Hub Team• Business School staff

NATIONAL AGENCIES (tbc)• Growth Accelerator • Manufacturing Advisory Service (MAS)• Technology Strategy Board (TSB)• UK Trade & Investment (UKTI)

PROFESSIONAL PROVIDERS• Accountants• Banks• Angel Investors• Property• Commercial• Financial Services• Legal Services• Solicitors

Page 9: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

Operation

Page 10: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

Business Insight Model

Page 11: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

StaffingDIRECTOR OF

BUSINESS DEVELOPMENT

BUSINESS MARKETING MANAGER

BUSINESS MARKETING COORDINATOR

COURSE COORDINATOR

EVENTS OFFICER

BUSINESS OPERATIONS MANAGER

CURRICULUM & QUALITY

COORDINATOR

BUSINESS DEVELOPMENT

ADMINISTRATOR

BUSINESS ACCOUNTS COORDINATOR

BUSINESS ACCOUNTS ADMINISTRATOR

COMMERCIAL MANAGER

BUSINESS GUIDE

BUSINESS GUIDE

BUSINESS GUIDE

BUSINESS GUIDE

BUSINESS NAVIGATOR BUSINESS GUIDE

BUSINESS NAVIGATORBUSINESS GUIDE

ENTERPRISE MANAGER

START-UP COORDINATOR

ENTERPRISE COORDINATOR

ENTERPRISE ADMINISTRATOR &

RE:FRESH LEAD (DESIGN)

RE:FRESH LEAD (ICT)

RE:FRESH LEAD (MARKETING)

FUNDING MANAGER

FUNDING DEVELOPMENT

OFFICER

FUNDING DEVELOPMENT

OFFICER

FUNDED PROJECTS COORDINATOR

SENIOR INDUSTRY PRACTITIONER

INDUSTRY PRACTITIONER

INDUSTRY PRACTITIONER

INDUSTRY PRACTITIONER

INDUSTRY PRACTITIONER

INDUSTRY PRACTITIONER

PROJECTS COORDINATOR & PA

GROWTH HUB PROJECT MANAGER

Page 12: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

A space designed with business in mind

• Incubation Hub• Co-working space• Office space• Meeting rooms• Skype Pods• Social Zone• Drop-in Clinics

Page 13: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.

Outcomes for BusinessThe high level outcomes will be:• Increased rate of knowledge transfer to support high-growth sectors• Increased GVA in Gloucestershire business• Improved rates of graduate employability• Job creation in the local economy• New business services created• New teaching programmes delivered• Increased work placements and internships• Higher rate of sustainable growth for the Gloucestershire economy• A Business School that is employer-led and employer-responsive• A demonstrator site, with extensive and on-going dissemination of

learning, showing how Universities and LEPs can promote economic development through co-location and close integration of their activities

Page 14: The Growth Hub will drive high value, innovative and enterprising growth for the businesses of Gloucestershire, with a reformed University Business School.