Business support in the UK

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Business support in the UK

• Mgr. Durmish Guri, Prague, 17.05.2007

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• At the National level
• Department of Trade and Industry (DTI ) overall
  national strategy
• Implemented through the Small Business Service
  (SBS), an agency of DTI
• to make the UK an enterprise society that is
  the best place in the world to start and grow a
  business

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• How the business support is provided?
• These governmental agencies shape the strategies
  but dont provide business advice to individuals
  or companies
• Advice is provided mainly through the
• -National Business Link Network
• -UKTI
• -The National Federation of Enterprise Agencies
  (NFEA)

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• Business Support context
• Both economic and social policy objectives
• Delivered by public, private and social
  enterprises (400 organisations involved in
  business support in London)
• Economic interventions address market failure
• Social interventions tackle disadvantage
• Promote inclusion
• Self-employment
• Build capacity
• Give access to new opportunities

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• London (Performance, potential and barriers)
• Entrepreneurial activity in London higher than in
  rest of UK, but survival rates are lower
• Not enough information on entrepreneurship in
  deprived areas
• Barriers
• Poor targeting of hard-to-reach groups
• Lack of the skills and spirit for enterprise
• Complicated and not simplified business support
  services
• Lack of coordinated actions to tackle the
  barriers faced by BME and disadvantaged
  communities in developing viable enterprises
• Failure to engage the private sector

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• Interventions for promoting entrepreneurship in
  London
• The interventions are focused
• Generic (e.g. affordable workspaces, incubators,
  technology transfer, access to finance, skills
  building)
• Specific (e.g. BAMEs, women, disabled etc)
• Sector specific (creative industries,
  environmental industries etc)

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• Londons Support priorities
• Disadvantaged and Hard to Reach Groups
• Start-up and micro
• Access to finance
• International Trade

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• Greater London Enterprise (GLE)
• Londons economic development company
• Established in 1982
• Owned by 33 London boroughs
• Unusual status Private company / Publicly owned
• Non-profit-distributing company
• Do not receive any subsidy
• GLE in England (London, Manchester, Birmingham),
  in Brussels, and in the Czech Republic

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• GLE field of activities
• Programme management consulting
• Enterprise support
• Finance for start-up and growing companies
• Properties for SMEs

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• GLE Business Advice Services
• Promoting entrepreneurship in deprived urban
  areas
• Promoting entrepreneurship at schools
• Small Business Loans for both start up and growth
  businesses
• Promoting entrepreneurship to unemployed people
  and disadvantaged groups in deprived areas
• Training and 11 support, business plan
  development etc for start up and existing
  businesses
• SMEs Internationalisation
• Research who are you calling hard to reach
• GLE is an official enterprise agency

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• Contact
• Durmish Guri
• Senior consultant
• Týnská 21
• 11000 Praha 1
• T 224 808 121
• M 720 216 050
• E durmish.g_at_gle.co.uk
• W www.gle.co.uk