Fri 18 September 2015
Four projects displaying outstanding innovation and ambition have won the Enterprising Britain Awards 2015. The Creative Quarter, Nottingham; Hull Youth Enterprise Bank plus The Business Factory and Torbay Development Agency all won for their success in helping to create the business environment, skills and confidence needed for small businesses to start and grow.
The Enterprising Britain Awards are part of the Government's drive to increase entrepreneurial activity in the UK.
The four category winners are:
Improving the business environment
Winner - The Creative Quarter, Nottingham
Nottingham's Creative Quarter is an area of just 330 hectares in the city centre. It is a unique enterprise environment that is leading the transformation of the city's economy. The CQ is leading the transformation of Nottingham's economy by creating a compelling environment for creative and digital, life science, cleantech, independent retail and social enterprise businesses to base themselves in. At its heart is the idea of 'an incubator without walls' - a place where innovative businesses can start-up, collaborate and grow in a supportive environment. By investing in entrepreneurs who create jobs, the Creative Quarter has become the powerhouse for future business growth in Nottingham.
Building enterprise skills
Winner - The John Cracknell Youth Enterprise Bank, Hull
The John Cracknell Youth Enterprise Bank was created approximately ten years ago and was put in place to support young people in the age group 13 to 21 years old as they started their enterprising journeys. It has supported over 350 young people providing grants rather than loans, with each applicant also having the support of a business mentor, access to free use of hot desks, meeting rooms or office space. This has resulted in a survival rate of 74% at the end of their 3rd year of trading.
Promoting entrepreneurial spirit
Winner - The Business Factory, North Tyneside
The Business Factory project provides a comprehensive and holistic service, which encompasses all aspects of enterprise, from awareness raising, right through to business growth. The different levels of engagement required a different approach and North Tyneside Council who have brought together a unique partnership of delivery organisations to support the projects outcomes.
Support for exporting
Winner - Ready for Export - TDA, Torbay
The Business, Ready for Export project comprises of a series of practical export advice services and clinics which are designed to help businesses which are either thinking of starting to export, at the early stages of exporting or have specific challenges in export markets.
Small Business Minister Anna Soubry said:
"From helping children as young as 13 get businesses off the ground in Hull, to the support provided by the Creative Quarter in my local city of Nottingham, I want to congratulate all the winners of this year's competition for promoting enterprise across the country. We have a record number of small businesses in the UK and the government will continue to back entrepreneurs by giving out more start up loans and making sure they can find the right kind of advice and support. I want to see more people across the country growing their ideas into real businesses that create jobs and boost our growing economy."
Neville Reyner CBE DL Hon DLitt, Chairman Young Chamber said:
"The 2015 EBA competition produced a record number of entries with entries from across the UK being submitted. This year's award winners should be very proud of their success. The EBA celebrate the enterprising endeavours of initiatives from across the UK and the support shown to these Awards by the Government emphasises the importance it places on developing enterprise throughout the UK."
The awards celebrate the wide range of activity across the country that stimulates and supports enterprise. This year's awards produced a strong field of entries giving the judges a challenging task in deciding the winners, and alongside the 4 category winners 6 entrants received a Judges Highly Commended Award.
Two UK entries from the EBA are chosen to go forward to the European Enterprise Promotion Awards (EEPA) for 2015 and this year the judges have selected the following entries to represent the UK:
- The John Cracknell Youth Bank - in the Building Entrepreneurial Skills category
- The Creative Quarter - in the Improving the Business Environment category.