Time to think differently about your business
If the recent upheaval of Brexit and Covid have taught us anything, it’s that things change rather than standing still. The world we know gets disrupted and from this disruption new things emerge.
In Lockdown, many businesses changed the way they did things to keep trading. Restaurants, cafes and pubs started offering takeaway instead of sit-down meals. Some pubs shared their space with other businesses to create delis and community cafes. Many used existing services like Just Eat or Deliveroo. Several retail shops went online to sell their goods and deliver them by post. Some B2B businesses changed to B2C to survive.
None of these change were huge; they were simple and low-cost and kept those businesses trading instead of shutting down. Perhaps you made some small changes in your business with some staff working from home, or you changed your packaging because of supply chain shortages. All of those changes are what’s known as innovation.
It’s a common misconception that businesses need a lot of money to implement new ideas or changes. However, in some cases you will need SOME funding to help with product development costs, market research and validation and even the new equipment or new staff costs that can come with the introduction of new ideas. In this session we will provide you with an overview of the different types and sources of funds for developing your new ideas and we’ll give you some tips to help you successfully obtain these funds.
Who should attend
This programme of events is aimed specifically at SMEs but is also for any Leicestershire business or organisation that wants to understand how to use new thinking in their day to day operations and long term planning. We recommend that a senior member of your team attends so that they can implement the ideas they take away from this programme.
What we will cover
- Grants – local grants, national grants and the LEP (Local Enterprise Partnership)
- Crowdfunding as a way of raising the money you need and is it right for you?
- The British Business Bank, what it offers and what it looks for in terms of a credible business
- Investors – the different types of investor, their motivations and how to attract them.
What you will come away with
- You will have a good and practical understanding of the different sources of funds for innovation
- You’ll have practical tips for applying for innovation grants
- You will know where to find investors interested in supporting your innovation.
About our Speaker
Stuart Hartley is Director of the company Incrementa. He is a highly-skilled and experienced Director and business scale up, growth and leadership development expert. He has a demonstrable history of delivering leadership and business advice and coaching start-ups and scale ups to innovate and grow their businesses. Highly skilled and experienced in supporting business in the areas of Leadership Development, Enterprise, Entrepreneurship and Start-Ups, Business Strategy and Business Planning, Stuart also has specialist experience in working with technology and engineering businesses along with those from more creative sectors, including marketing and creative agencies. He has a Master of Business Administration (MBA).