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BG Futures Tenant White Wealth Management share their start-up story
White Wealth Management, a BG Futures tenant since October 2017, are approaching the end of their journey with the Business Incubation Hub. Danny White, owner and director, shared his start up story and reflected on how being a BG Futures tenant has benefited his business. Danny worked in NatWest bank from 2001 and became a Regulated Financial Advisor in 2005. Following changes in regulation in January 2013 the majority of UK banks exited the face to face financial advice market. Danny developed his new skills in a role at a company in Nottingham for two years. During this time, Danny worked towards becoming a Chartered Financial Planner and, in 2017, became a Fellow of the Personal Finance Society; it was in October of the same year that he decided to set up White Wealth Management. Danny felt the initial transition from employment to self-employment was a fluid one: “I had a set of skills that were easily transferable in terms of employment. Through contacts from my previous roles, it was quite clear there was a demand for advice in areas such as pensions and inheritance tax which was exacerbated by UK banks exiting the advice market.” Of course, setting up his own business was not without its challenges: “I found it really difficult getting used to cash flow; some complex pension cases could mean there would be a 9-12 month wait for remuneration” Ultimately, though, Danny felt encouraged by the amount of referrals he received from other financial advisors, as well as glowing recommendations from clients; thus spurring him on to grow and develop his business. Through all of his experience being self-employed, good and bad, Danny feels it is key to have a plan when you start your entrepreneurial journey but above all: “Research your market and be prepared to fail and adapt” When asked about his time at BG Futures Danny said: “The BG Futures approach to building a community atmosphere is great. In addition, the managed office space at BG Futures is great value, professional with some great facilities.” Becky Goodman, Enterprise Development Manager at BG Futures, praised Danny’s growth and his impact on BG Futures: “It has been great to see Danny’s business flourish during his time with BG Futures, and it has been great to have White Wealth Management as part of our community. White Wealth Management have contributed greatly to the BG Futures offer, supporting the BGU Enterprise Club networking events, the charity events we have held, and to our community in the Business and Enterprise Centre by being there for other co-businesses and their colleagues. We will certainly miss Danny and his team when they move on after their 2 year period of business incubation with us in BG Futures” If you have got a vision for your own business but aren’t sure where to begin then the BG Futures team are the perfect place to start. With facilities and expert support available in their incubation centre, they’ll be able to get you on the road to success. Visit our website or contact them today to see how you can start your own adventure. -
Lincolnshire entrepreneurs rewarded in county Young Enterprise Final
The county’s future entrepreneurs were rewarded for their hard work as part of the Young Enterprise Lincolnshire County Final at Bishop Grosseteste University (BGU). The final, which took place in the University’s Robert Hardy Building, saw six teams of Sixth Form students from four schools across Lincolnshire pitch and show off the businesses they set up at the start of the academic year. Kesteven and Grantham Girls’ School’s Revival team were the big winners on the evening, scooping the Lincolnshire Best Company 2019 award as well as the Best Financial Management award. Other winners included Signa Printing of Caistor Grammar School, who were awarded Best Presentation, and Lincoln Minster School’s Retro Clothing who picked up the Best Marketing award. In addition, Tidy Tools from The Priory Academy LSST were announced the Best Company 2019 Runners-Up. Young Enterprise is a national charity that aims to give students key employability skills outside the classroom. Throughout the academic year, students come up with a business and then sell its products at events. They have to manage their businesses finances, marketing and social media. Becky Goodman, Enterprise Development Manager at BG Futures, explained why the project was held in high regard by BGU: “It was great to host the Young Enterprise Lincolnshire County Final here at BGU. As a university we are passionate about enterprise and developing enterprising skills, competencies and mind-sets. “Being enterprising is something that individuals can apply to all aspects of their life and work and it is great to see the YE teams exhibiting these great qualities so early on in their careers.” Jack Green, of Dunholme Chillies and Viper Printing, was one of the guest speakers at the final and praised the impact of the Young Enterprise initiative: “The Young Enterprise initiative is a great opportunity for teenagers to have the opportunity taste what life is like in business. There is a huge amount that isn't taught in mainstream education, but having the hands-on experience allows these students to learn more about different areas of business and how to engage with people in different areas. “I'm sure each student has learnt something new and I would encourage any student with an interest in business to take part in Young Enterprise.” If you’re interested in a future in business or in starting your own company, our business courses are the perfect path to take. You can find more information on them on our website or by contacting our Enquiries Team. Any businesses who would like to work with our learners to share their knowledge and expertise can contact BG Futures, BGU’s Careers, Employability and Enterprise team, by emailing bgfutures@bishopg.ac.uk List of Winners: Best Presentation – Signa Printing (Caistor Grammar School) Customer Service - Hey Happy(Caistor Grammar School) Best Financial Management – Revival (Kesteven and Grantham Girls’ School) Best Marketing – Retro Clothing (Lincoln Minster School) Best Team Work – Integration (Lincoln Minster School) Best Company 2019 Runners-Up – Tidy Tools (The Priory Academy LSST) Lincolnshire Best Company 2019 – Revival (Kesteven and Grantham Girls’ School) -
Former BG Futures Tenant Think2Speak goes from strength to strength
A year on from completing her incubation session at the BG Futures Business and Enterprise Centre, Lizzie Jordan, Founder and CEO of Think2Speak, has been looking back on her journey as an entrepreneur, and how being a BG Futures tenant helped Think2Speak grow in its formative years. Lizzie’s life completely changed in 2006 when she was widowed and then diagnosed with HIV. From these personal experiences Think2Speak, an award winning social enterprise, was born: “Think2Speak believe that communication skills are integral to young people’s lives, and confident communication empowers, protects & enables decision-making. Our programmes embed these integral skills, which are pivotal to the quality of relationships, and successes whether in education, employment, or life.” Lizzie knows from her own experiences as an entrepreneur that being self-employed isn’t for everyone; it is all consuming and hard work and not everyone is cut out for it. However, Lizzie acknowledges the tireless effort can produce incredible rewards which, for her, included receiving recognition from NatWest on their WISE100 list. When asked about Think2Speak’s time in BG Futures Business and Enterprise Centre, Lizzie said: “BG Futures has a special place in my heart; it is where the idea of Think2Speak germinated. I was able to benefit from the team within the building, and also the wider network and resources that being based at BGU tapped us into. The foundations that I built whilst based in BG Futures, paved the way for us to grow substantially and 2019 saw us move into commercial premises in Marshall’s Yard in Gainsborough.” Becky Goodman, Enterprise Development Manager at BGU, commented: “Think2speak’s work as an award winning social enterprise is fundamental to driving change, and to giving people the confidence to have a voice. It is great that BG Futures could provide a platform from which Think2Speak has been able to grow, and to make positive connections across Lincolnshire and beyond. At BG Futures we are particularly proud of the partnership work that Think2speak has been able to develop with the wider university offer, and I am pleased to see the annual conference #T2SLive19 back at BGU in November. We look forward to seeing Think2Speak continue to grow and effect positive change.” In addition to enjoying fantastic successes with Think2Speak Lizzie has gone on to become ‘one of the UK’s highest profile HIV advocates’ working as a consultant and speaker for various pharmaceutical companies and as a Visiting Lecturer at a number of universities. Through these roles she discusses her experiences, her story, HIV and sexual health with audiences varying from Year 7 secondary school classes to conferences and pharmaceutical board strategy meetings. If you have got a vision for your own business but aren’t sure where to begin then the BG Futures team are the perfect place to start. With facilities and expert support available in their incubation centre, they’ll be able to get you on the road to success. Visit our website or contact them today to see how you can start your own adventure. -
BG Futures Provide Carrington Communications with the “Perfect Stepping Stone” to Success
In January 2018 digital PR agency Carrington Communications began their journey as a tenant of the BG Futures Business and Enterprise Centre. After a highly successful year, and with expansion and new premises on the horizon, Carrington’s Founder, Rob Tomkinson, shares his start-up story and explains how the support of the BG Futures team has helped the company reach its goals. Since graduating from university Rob has always worked in PR. After moving to Lincolnshire he observed a gap in the market for an energised digital PR agency, thus sparking the inspiration for launching Carrington Communications: “No one in Lincolnshire was doing digital PR, even though the city, and region, was growing fast and there was a big need for it. I decided to build an agency that would be known for the quality of its work and the impact it had on its customers, above anything else.” Although Rob’s PR expertise had been refined over the years, owning his own business proved challenging in its own way, he used the examples of others’ success to try to determine his own: “I looked at other business owners around me who I respected - what sets them apart, in my view, is being brave enough to take the bold decisions - that’s what I’ve tried, and keep trying, to do; if the figures stack up, then we can make it work.” However, Rob is not one to become too comfortable in terms of measuring success: “I hope I never think I’ve become a successful ‘entrepreneur’ - there’s a danger and complacency in that which I want to avoid at all costs!” When asked about top tips for aspiring entrepreneurs, Rob placed significant importance on getting the “‘boring’ backroom bits right from the start”, building new relationships with other business people who share your values, and finally: “Delegate! That’s a lesson I had to learn the hard way a couple of times. I thought I was holding on to my early clients out of loyalty to give them the best service, but in reality they got a better service once I brought in the team here in to work alongside me.” Alongside these lessons, finding the right environment to thrive in has also been key for Carrington and in BG Futures they feel they found the perfect place for any start-up: “It’s been so good for us. Even though it was exciting when we took on our first office, it was pretty daunting too. The team at BG Futures gave us everything we needed. It’s a perfect stepping stone for new businesses looking for their first office. The location’s great, the offices are peaceful, the internet’s good and the on-site coffee shops are perfect for client or team meetings. Working around other start-ups has been really beneficial, as have the workshops that they run here - we even hosted our own for other tenants on doing PR on a budget. We’re pleased to be growing but sad to be leaving too - I’d recommend BG Futures to anyone.” Becky Goodman, Enterprise Development Manager at BG Futures, expressed her team’s pride at being a part of Carrington’s growth: “It is great to see how Rob has developed Carrington from a one person business in a small unit, to one with a team expanding to one of our largest units within just 18 months, and although we will miss the team being with us within BG Futures, it is great that we have been able to give them the initial support and foundations upon which they will continue to build their business. And as with any of the businesses that start their journey with us in BG Futures, they never really leave us, just relocate” If you have got a vision for your own business but aren’t sure where to begin then the BG Futures team are the perfect place to start. With facilities and expert support available in their incubation centre, they’ll be able to get you on the road to success. Visit our website or contact them today to see how you can start your own adventure. -
BG Futures Summer Social Brings Entrepreneurial Talents Together
The BG Futures Summer Social organised by Bishop Grosseteste University’s (BGU) BG Futures Team returned this year to once again provide an informal opportunity for BGU based organisations and entrepreneurs to come together to celebrate the year’s successes. Held in the on-campus BG Futures Business and Enterprise Centre the event offered a welcome opportunity for the current physical and virtual tenants to come together. A number of students who have been successfully developing their own business ideas with the support of the BGU Enterprise Club were also in attendance. All the organisations based in BG Futures are between one month, and three years old and are supported by Becky Goodman; Enterprise Development Manager along with the BG Futures Careers, Employability and Enterprise Team. New additions to the BG Futures community since the last Summer Social include Wilesmith, TaylorWalsh and Early Bird Lifestyle Support BG Futures has a broad remit ranging from careers guidance and support to enterprise development and application for further study. The team take great care of BGU alumni looking to start their own ventures and provide a bespoke support offer for up to two years after graduation, enabling them to continue to flourish by delivering employability advice and assistance applying for jobs or further study. With opportunities open to non-alumni as well, the on-campus business and enterprise centre equips new businesses and entrepreneurs with a base for their creativity and includes incubation units, a Hot-Desk room and Virtual Office facilities. If you have got a vision for your own business but aren’t sure where to begin then the BG Futures team are the perfect place to start. With facilities and expert support available in their incubation centre, they’ll be able to get you on the road to success. Visit our website or contact them today to see how you can start your own adventure. -
Successful Students See Support Service Soar From Strength to Strength
Enterprising students Damian Taylor (MA Health & Social Care) and Neil Martin (BA History) are the latest success story to emerge from BG Futures Business and Enterprise Centre at Bishop Grosseteste University (BGU). Having joined the BGU Enterprise Club just a few months ago the duo have gone from strength to strength with their growing business EarlyBird Lifestyle Support and are already working from their own premises. EarlyBird Lifestyle Support is a friendly well-being service based in Lincoln and serves the city and surrounding areas helping people with tasks such as cooking, cleaning, collecting prescriptions and medication, food shopping, trips out, escorting individuals to appointments and more. Speaking to the BGU Futures Team, Damian discussed how the support from the Centre helped him, Neil and their team reach their goals: “Being able to become residents in the BG Futures Enterprise Room has allowed us the time and space to work productively whilst in the early stages of our business. One of the main benefits is that it has allowed us to present ourselves to local authorities and other community professionals as a legitimate and professional business. The guidance and advice we have received from Becky has been incredibly important for us and invaluable. The enterprise centre is a fantastic resource for new and upcoming businesses. You may have the misconception that you have to have it all figured out with a full business plan before you receive support, this is far from the truth, you can be at the very being stages of an idea! Mixing this support with my 10 years front line and management experience in the sector, along with the Health & Social care provision at BGU, has really enabled Neil and I to create a service that brings both health care and social care together which allows us to offer holistic and bespoke person centred support with a wider understanding of social injustices and the adult social care crisis. I would encourage anyone even thinking about going into business or anyone with a concept for self-employment to come in and speak to someone. I can guarantee you won’t regret it!” Becky Goodman, Enterprise Development Manager at BG Futures, was equally full of praise for the hard work of Damian and his team: “It has been great to work with Damian and Neil over the past few months, and I am excited to see how the business grows and develops over the coming months and years Damian first contacted us following a visit I made to his MA Health and Social Care course and after meeting with both Damian and Neil it became clear that the business needed the space to grow. The duo moved into the BGU Enterprise Club room in BG Futures, and from there we have watched them grow from strength to strength, from recruiting staff, to sourcing promotional products and hope that we have made a real impact to their start up journey, and continue to do so as they take up an office of their own with us in the centre.” The Careers, Employability and Enterprise team strive to support all students during their studies to research and plan their career, and to improve their employability. The BGU Enterprise Club hosted by BG Futures also provides students with Business Start-up support and guidance, in addition to free office space*, and the opportunity to pitch for start-up funding. If you have got a vision for your own business but aren’t sure where to begin then the BG Futures team are the perfect place to start. With facilities and expert support available in their incubation centre, they’ll be able to get you on the road to success. Visit our website or contact them today to see how you can start your own adventure. Support from EarlyBird is available to anyone in Lincolnshire and the surrounding area, to find out how they can help you visit their website, or get in contact via email at info@ebls.co.uk or on 01522424161. On the 31st of August EarlyBird will be running a charity fundraiser in aid of Alzheimer’s Society. Join them from 10am at Freshney Place, Grimsby, as they attempt a ‘Coast to Coast’ 168 mile cycle. Alternatively you can donate to their efforts here. *Competitive process applies. -
Teenage Market Heads to the Coast to Encourage Enterprising Entrepreneurs
As the Lincoln Teenage Market continues to grow, the Bishop Grosseteste University (BGU) based BG Futures team behind it are developing new and exciting partnerships with keen supporters. One such partnership is with the Lincolnshire Coastal Business Improvement District. A Business Improvement District (BID) is a precisely defined geographical area where the local business community has voted to invest in additional services to those provided by the local authority. By working with the Coastal BID BG Futures aims to inspire and support young entrepreneurs from across the wider county, in particular within Skegness and the surrounding area. BG Futures also aims to work with the local population to raise aspirations, and promote social mobility by providing informal careers advice and guidance, and promoting the BGU offer within the coastal community. Part of this initiative included bringing the Teenage Market to the centre of Skegness, providing entrepreneurial young people with the chance to trial new business ideas and sell creative products in Tower Gardens just off the seafront. Alongside the market BGU partnered with the local Premier Inn to raise funds for their chosen charity GOSH, while members of their team provided face painting for youngsters. Free crafts were also provided by BGU most notably by regular volunteer Jill Draycott who is a keen advocate of the market. Following the market Becky Goodman, Enterprise Development Manager, and Nikki Smith; Careers, Employability and Enterprise Adviser at BGU praised the event for what it could do for the wider area: “Taking the Lincoln Teenage Market on tour to Skegness has been a particular highlight of our summer series of markets, and it has been great to partner with The Coastal Bid team on this to take the Market to the coast. Seeing new stallholders showcase their entrepreneurial talents, and our existing stallholders thrive in a new location backed by The Coastal Bid, local mayor, town council, and local businesses gives all of the BG Futures team an immense sense of pride“ The Teenage Market offers budding traders, business owners and performers the chance to trial their entrepreneurial ideas in a realistic and supportive environment. If you’d like to find out more about the Lincoln Teenage Market or perhaps get involved as a trader or performer at the next event, please contact the Teenage Market team at: teenagemarket@bishopg.ac.uk. You can also follow Lincoln Teenage Market on Facebook -
BG Futures Aim to Help Students Find Their Entrepreneurial Excellence in Global Entrepreneurship Week
Global Entrepreneurship Week (#GEW2019), the world’s largest campaign to promote entrepreneurship, began on the 18th of November and to celebrate BG Futures, the Careers, Employability and Enterprise team at Bishop Grosseteste University (BGU), are running a series of events to encourage the University’s future business leaders. With sessions on global business, ‘enterprising attitudes’, how to begin self-employment and accountancy advice the team hope to provide budding entrepreneurs with the skills they need to begin their businesses. And the drive to foster entrepreneurial successes at BGU is not limited purely to Global Entrepreneurship Week as Sarah Moseley, the team’s newly appointed Enterprise Development Manager, explains: “When universities foster a culture of enterprise and entrepreneurship, it equips students with the skills for a rewarding, self-determined professional and personal life With a career history working with SMEs I hope to bring to life, in a sustainable manner, our student’s enterprising ideas It is no coincidence that we have launched our Graduate Attributes excellence award in GEW and all the activities that we are offering students as part of GEW will count towards the award.” To find out more about the Graduate Attributes Excellence award or advice on how to start your entrepreneurial journey you drop into BG Futures, email bgfutures@bishopg.ac.uk or call them on 01522 583900. -
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