Grow NorthStaffs Third Annual Enterprise and Business Growth - - PowerPoint PPT Presentation

GrowNorthStaffs

Third Annual Enterprise and Business Growth Conference

Councillor Mohammed Pervez

Leader, Stoke-on-Trent City Council

John van de Laarschot Chief Executive, Stoke-on-Trent City Council

Accelerating Growth

Pride in the past; changing for the future

• Ambition
• Evidence of delivery
• Capacity
• Commercial

entrepreneurism

Creating the conditions for sustainable growth

Mandate for Change

• Building business confidence
• Increasing inward investment
• Improving skills and employability
• Sustainable energy
• Improving connectivity and

infrastructure

• Providing business with

access to finance and support

• Promoting export
• pportunities
• Building a green and

urban culture

• Providing a choice of

quality housing

• Keeping the city safe

and looking good

• Helping people to

reach their potential

• Protecting our most

vulnerable

• Providing fair and

easy access to care services

2014: look how far we’ve come

“It’s all about cities”

National context “to dominate the space between Manchester and Birmingham”

Leisure and lifestyle Celebrating ceramics and creativity Competitively connected Energy and Enterprise

• A significant conurbation, competitive with major cities

in the UK , with a proud heritage, a compelling story and a strong city at its core

• Rapid employment growth and a diverse business base

built on connectivity and location

• A place where your investment really works for you
• A city where you can make a difference
• Opportunities for all to enjoy a vibrant and healthy

lifestyle

• A vibrant heart to offer residents all of the advantages
• f a core UK city
• Distinctive, welcoming towns with clear identities

and purpose

Positively Stoke-on-Trent

City Renaissance: The ‘Greater Stoke’ conurbation

Connectivity: a SMART, centrally located, well connected city

A500 HS2 bid M6 4 local airports Digital connectivity

All underpinned by a fantastic quality of life…

Stoke-on-Trent – one of the fastest improving UK cities

• Last year we were 4th best of 64 UK cities for job growth
• One of the fastest growing areas of UK economy up by 13% since

the downturn of 2008/09 (national growth of 2%)

• Part of a LEP that is, for the 2nd year running, 3rd best out of 39

for inward investment

• One of the highest proportions of SMEs seeking to grow

amongst UK cities

• Manufacturing employees have grown by 10%, nationally

they’ve shrunk by 5% since 2008/09

• Benefit claimants have come down twice as fast as national rate

since 2008/09

Be in on the ground floor I was there! Where were you?

Simon Burton

Founder, Great British Entrepreneur Awards

TELLING ENTREPR ENEURS STORIES

Simon Burton Founder, Great British Entrepreneur Awards

Entrepreneur in Events and Social Media @simonburton When not working: travel, books, film, TV, music, food, PS4 and Arsenal @26MAY1989 #NSFW

MY STORY

LOGO

10/09/2014 MY

CONCEIVED ON A NAPKIN HERE

LOGO

2013 SNAPSHOT

• 470 Guests
• 90 shortlisted companies
• PR readership coverage of over 14,000,000
• 9 new twitter followers an hour
• 1 Entrepreneur’s Handbook on general release

via Amazon

• 3,283 business cards exchanged
• #GBEA trended on twitter
• 49 entrepreneurs awarded for their contribution

to UK entrepreneurship

LOGO

ENTREPRENEURS STORIES ARE MORE IMPORTANT THAN THEIR BALANCE SHEETS

LOGO To-date: #3 in Marketing and Sales #2 in Finance Bestselling free Amazon books

LOGO

WE LOVE STORIES

LOGO

SOUND FAMILIAR?

• Humble beginnings
• Grand ideas that are beaten down
• Constant desire to see things in a new light
• Challenges from evil empires and vested interests
• Resilience in the face of adversity
• Problem solving and imagination

LOGO

SOUND FAMILIAR?

• New ways of doing things
• Trusted companions, partners and mentors
• At the moment of despair success!
• Happiness for all the citizens

THE HERO’S JOURNEY IS THE ENTREPREN EUR’S JOURNEY

LOGO

CITIES AREN’T JUST A BACKDROP

• Cities are a the landscape of the journey
• They assist or hinder the entrepreneur hero
• Cities are brands too
• History and legacy need to be balanced with

modernity and contemporary

• Entrepreneurs and cities need stories that resonate
• Emerald City or Death Star?

IN THE WORLD OF THE ELEVATOR PITCH SUCCESS AND STORY ARE MORE INSEPARABLE THAN EVER

Investing in the future

Staffordshire Construction Training Group Sharon Llewellyn, Chair

FUTURE & BEYOND

Current Staff Development

NVQ’s – Team Leader & Team Manager CSCS – Green Cards IOSH & NEBOSH Face Fit, Asbestos Awareness PASMA

FUTURE & BEYOND

Apprenticeship Scheme

 Technical  Groundwork's  FSB Level 2  Pitch Roofing  Mastic Asphalt

FEES & LEVY'S

CITB 2014 – 2015 £1262.00 Direct Labour % Payroll

LEVY RETURN

£5,700.00

GRANTS

£3,000 ISO 9001

STAFFORDSHIRE CONSTRUCTION GROUP



Established July 2014



CITB support funded



38 members - Increase 60 members



75% In scope - 25% Out of scope



£80 joining fee



Heavily subsidised training



Focused on the construction industry



Advice and support on changes to legislation and training requirements



Support grant schemes



Excellent networking opportunities

Contact:

Theresa Jones Group Training Officer

Email: theresa.manorservices.co.uk Mobile: 07976 720286

STAFFORDSHIRE CONSTRUCTION GROUP

INVESTING IN THE FUTURE

Staffordshire Construction Training Group

Investing in your staff

Paul Agar, Group HR Manager, Goodwin PLC

Goodwin PLC

Formed over 130 year ago, Goodwin is a diverse mechanical and refractory engineering group comprising of 19 subsidiaries with a workforce

• f circa 1200

Goodwin Training

“Developing employee skills creates a win–win situation where the company benefits from a more skilled, knowledgeable and capable employee.”

Before Time Began!

• Goodwin like the rest of the UK recognised a

skill shortage of high quality engineers.

• The core Goodwin locations did not lend

themselves to the natural abundance of engineers.

• The aging profile of the workforce meant

Goodwin was nearing critical mass and skills, knowledge and experience was being diluted year on year.

Todays Goodwin

• Today, Goodwin are able to provide a number
• f training programmes and initiatives that

support the current and future needs of the 19 subsidiaries.

• This includes the ‘apprentice project’ that will

see us offer fulltime positions to 125 apprentices within the next 5 years.

• We frequently review career goals,

development and opportunities. (PDA)

• 1. What is your experience of recruiting skilled people

in North Staffordshire?

• 2. What can partners do to increase the skills and

employability of the local workforce?

Round table discussion 1 - skills

Site and premises

Rob Elliott and Richard Day, Butters John Bee

PROPERTY OVERVIEW Property Boom Government Intervention Recession Recovery Going Forward

BARRIERS TO DEVELOPMENT Design and Build Offer Access to Finance Ground Conditions Build Costs/End Values Holding Costs/Business Rates Site Availability

MAJOR LOCAL PROJECTS Central Business District/Smithfield City Sentral Public Realm Competing Projects

Richard Day Associate Director Butters John Bee

WHAT IS COMMERCIAL PROPERTY? Development Land Industrial Offices Shops

MAIN DEVELOPMENT SITES AVAILABLE

Victoria Business Park Chatterley Valley Tunstall Arrow Etruria Valley Keele Science Park Fenton 25 Prologis Park, Sideway Trentham Lakes G Park, Stoke Hadleigh Park Blythe Vale Business Park Meaford Business Park TOTAL GROSS DEVELOPABLE LAND AVAILABLE Approx 799 Acres (323 Ha)

(Source – Make It Stoke-on-Trent & Staffordshire)

INDUSTRIAL - WAREHOUSING

Large Sheds - Over 100,000 sq.ft. Medium Sized Units - 50-100,000 sq.ft. Smaller Units - 10-50,000 sq.ft. S.M.E. - 500-10,000 sq.ft.

OFFICES City Centre / Central Business District Festival Park Serviced Offices Genesis Centre Second Hand Stock

SHOPS

Small Neighbourhood Parades Six Towns

• Burslem
• Fenton
• Longton
• Newcastle
• Stoke
• Tunstall

City Centre

Rob Elliott Director Butters John Bee robelliott@bjbmail.com Richard Day Associate Director Butters John Bee richardday@bjbmail.com www.buttersjohnbee.com

GrowNorthStaffs

Third Annual Enterprise and Business Growth Conference

The one minute pitch

Creating wealth and happiness

David Nurse Success Mentoring

How a Venture Capitalist invests in local early stage and start-up companies

Aanisah Begg Midven Ltd

How UKTI can help exporters

Paul Brown UKTI

The one minute journey of a film maker

Ruairi Cahill Funk-Soul Media

Make your business investment ready in Staffordshire

Clare Keegan Staffordshire University

Together we make it happen

Martin Russell BES

UK Steel Finance Offer

Keith Williams UK Steel Enterprise

Keeping it local

Sean Adams Staffordshire Environment Energy Networks LLP

Seeking advice on how to grow and find new customers in the world of photography

Cathy Bower Cathy Bower Photography

How the JET Service can help your business

Kelly Tomlinson JET

Don’t be afraid to aim high!

Alla Pashynska Ice Health Cryotherapy Clinic

One minute guide to successful sales

Ben Dyer Youth Enterprise

Kelly’s thought for the day

Kelly Caddy Helping Angels

Why should you attend Action for Business: Live8

John Capper John Capper and Co

How we develop business acumen in young people

Andrew Henderson Prince’s Trust

Our proposed District Heat Network

Andy Platt Stoke-on-Trent City Council

How to attract young people to engineering

Derek Newport Kondratiev

Access to finance

Paul Heaven, Blue Sky Corporate Finance (Midlands) Limited

Blue Sky Corporate Finance

Since 1998 Start Up’s & Early Stage Finance Specialist Advisors up to £5 Million Disposals/Buy-Outs/Buy-Ins and Growth Capital Members of the Regional Finance Forum Chair of GBSLEP Access to Finance Sub-Group Chair of the LEP Growing Places Fund Member of National AMSCI Board

Summary of the Options

Grants Debt Equity

Grants

Best Type of Funding

Typically Non-Repayable No Ownership of Business Rarely Covers the Whole Cost (25% to 33% at best) Frequently a Geographic Focus Often Related to External & Capital Spend Only Some Business Sector Exceptions Requires Patience/Dedication and Persistence

Example of a National Programme

R&D Grants

The Technology Strategy Board (TSB) Proof of Market Grant (Max 60%) Proof of Concept Grant (Max 60%) Development of Prototype Grant (35% to 45%) Circa 20% Success Rate 2 to 3 Month Process

Examples of Regional Grants

SSLEP Small Business Grant

£5,000 33% (Min) Match Capital + Revenue Costs Job Creation + Growth Focus Managed by Business Innovation Centre

SSLEP High Growth Investment Programme

£10,000 to £50,000 25% (Min) Match Capital + Revenue Costs Job Creation + High Growth Focus Managed by Blue Sky Corporate Finance

Green Bridge Supply Chain

2 schemes: £10k - £100k £100k - £1m Available to support new and existing SME supply chain companies to help grow and diversify into the green sector. Competition based Up to 50% grant

Debt

No Share of Ownership Always Repayable – Maybe a Holiday Viability Serviceability Security; Security; Security!!! Lots of Types of Debt Factoring/CID/Payroll/Inventory/Asset Loans/Overdrafts/Import Blended Solutions

National Backed Debt Schemes

Enterprise Finance Guarantee Scheme Up to £1 million/75% Govt Guarantee Invoice Guarantee Top Up/Overdraft Top Up Extensions Export – Bond Support Scheme (50% Govt Guarantee) Business Growth Fund (£2 to £10 Million) – Debt/Equity/Mezzanine Big Society Capital (Social Enterprise) – through SIFI’s Community Development Financial Institutions (CDFI’s) – BCRS, ART

Peer-to- Peer Debt

Most offer Business Loans but some (ZOPA) off Loans to Individuals Most seek Trading Track Record Most seek Security of some description Internet Based Reverse Auctions set Loan Interest Rates Interest Rates in Range 8% to 15% www.fundingcircle.com is the Largest www.thincats.com is the Local Network Blue Sky is registered with both

Growing Places Debt Fund

Shovel Ready Infrastructure Projects Commercial Development Focus but Residential Considered No Lower Limit but typically - Loans from £100k+ Will Lend at the Margin (Bridge/Mezzanine) In Exceptional circumstances will consider Equity/Grant Commercial Rates of Interest

Equity

Ownership/Participation = Interference High Growth & Exit Plans Like IP Based Business High Risk – High Return Expectations Expensive to Arrange Modest Service Costs Investment Agreement Non-Executive Director £50k to £Gazillions

Types of Equity Investment

Seed/Start-Up (F, F & F) Business Angels “Dragons” (£50k+) SEIS Funds (up to £125k) EIS Funds (Typically £50k - £500k) Regional Govt Backed Equity Funds (£50k to £2m) National Govt Backed Equity Funds (£250k to £2m) Business Growth Fund (£2m+) VCT Funds (£2m+) Venture Capital (£5m+) AIM (£5m+)

Regional Equity Funds

Early Advantage Fund

£18 Million Fund Up to £250k Matched Investments (£750k Total) Fund managed by Midven Exceed Midlands Advantage Fund £18 Million Up to £250 to £750 Fund managed by Midven BCC Creative Fund Up to £500k Creative Industry Focus Mercia Technology Fund £50k to £1 Million High Technology Focus

Summary

Traditional (Bank) Funding remains challenging In the market for Finance of £2m or less the market is fragmented Rarely a single/simple answer – A blend is more likely Government/EU recognise this challenge Growth Hubs designed to help you find the right solution National and Regional Programmes designed to fill the ‘Gaps’ There a Lots of Options – most looking for jobs + growth Don’t despair and Don’t give up Be prepared to be flexible and open to alternatives

Paul Heaven Blue Sky Corporate Finance paul@blueskycf.com

0845 258 3759 07799 416416

The business of growth

Tony Fulton, HSBC

The business of growth

The £100m SME fund for ambitious British businesses in

North Staffordshire & Cheshire.

PUBLIC

2014 : Why here, why now?

PUBLIC

• With the UK economy moving into recovery, we are seeing a real

• Such positive trends are evident in Staffordshire and we are seeing

• Investment and output levels are growing and many business owners are

• In recent months we have seen our customers adopt a number of

Supporting the Local Economy

PUBLIC

The £100m SME Fund for growing Businesses in

North Staffordshire and Cheshire.

Connecting Our Customers & Working With Our Business Partners

PUBLIC

• HSBC is one of the largest banking and financial services organisations

• Our purpose is to add value by connecting customers to
• pportunities both globally and domestically, enabling businesses

• We are always keen to work with partners in the local business

A unique source of local knowledge, expertise and networking opportunities

The HSBC Fund For SMEs in North Staffordshire & Cheshire

PUBLIC

We are proud to announce the provision of a £100m fund for 2014 to support growing SME businesses in the North Staffordshire & Cheshire area.

1. What is your experience of finding the right business premises or site in North Staffordshire? 2. Is the city right to concentrate its resources to being about a single modern city centre?

Round table discussion 2 Sites / premises Access to finance

1. Is accessing finance from commercial sources really as difficult as it’s claimed? 2. What can be done to improve the flow of funding to start-ups and companies seeking to grow?

Questions and answers session

Director of Place, Stoke-on-Trent City Council

John Betty

GrowNorthStaffs

Third Annual Enterprise and Business Growth Conference