Dragons Den

Bank

Small firms benefit from Bank Bail-out

Small businesses will have better access to finance from Lloyds TSB, HBOS and Royal Bank of Scotland (RBS), following the Government’s £37 billion bank bail–out. The Government investment comes with the condition that the three banks maintain the availability of competitively–priced lending to homeowners and to small businesses. The agreement also includes NatWest, which is owned by RBS. The terms of the bank capitalisation also require Lloyds TSB, HBOS and RBS to restore small business lending to 2007 levels. The Chancellor, Alistair Darling said: “There will need to be a strong focus at these recapitalised banks on making lending available for small business and homebuyers. These conditions are set out in the individual agreements with the banks.” The ... »

Peter Jones, Dragon's Den

Skills Academy launched to help Young Entrepreneurs

The Government has unveiled details of a new National Skills Academy (NSA) for Enterprise which is aiming to equip young people with the skills to set up in business. The new academy will be launched early in 2009 and will be headed by Peter Jones from the BBC television programme Dragons’ Den. The NSA for Enterprise will deliver the UK’s first NVQ level two and three qualifications in enterprise and entrepreneurship, with courses designed by employers and training specialists. It is expected to deliver vocational courses to 11,000 young people aged 16 to 19 within its first three years, offering training on–site, online and at a variety of dedicated NSA colleges to equip them to work for businesses or set up their own. Established businesses will also be able to take adv... »

Small Business Week 2008

Small Business Week 2008 ready to Launch

Free advice clinics, web seminars, podcasts and roundtable discussions about current business issues are among the dozens of items on the agenda for Small Business Week from 13 to 17 October. The annual event, intended to raise the profile of the UK’s 4.6 million small businesses, will be launched at the BT Tower on Monday 13 October with the release of a new report, The State of the Small Business Nation, and a speech by Dragon’s Den entrepreneur Peter Jones. Following this will be five days of events for small business–owners, presented by experts from businesses, business support organisations and industry and advisory bodies. These will include a breakfast briefing in Birmingham by Everywoman, the Business South West 2008 show in Exeter, a local business seminar in Du... »

Theo Paphitis

Get a BA in Enterprise Development

Would–be entrepreneurs can learn the skills they need to set up and run a business, following the launch of the UK’s first degree course in entrepreneurship. Students that take the three–year BA (Hons) in Enterprise Development, launched by Huddersfield University, will research, launch and run a business — learning key skills, such as business finance and market research as they go. The first year on the course will be spent identifying and screening business ideas to find an opportunity worth pursuing. The second year will focus on developing the idea and starting the business, and the third year on running the firm. The course has been endorsed by retail millionaire, and panellist in BBC television series Dragons’ Den, Theo Paphitis, who has agreed to mento... »

Growing Business Awards

Last Chance for ‘Business Oscars’

Small businesses have until 19th September to enter the Growing Business Awards, dubbed by Gordon Brown as “the business equivalent of the Oscars”. Organised by the Confederation of British Industry (CBI), the awards have been running for ten years and recognise small businesses which have achieved outstanding success. To qualify, businesses must employ fewer than 500 people, be independently owned and based in the UK. Applicants are required to submit a 1,000–word explanation of why they should win the award, alongside three sets of audited accounts and financial projections for the next year. This year there are two new award categories: the Social Enterprise Award, which recognises the individual or organisation that has made the most significant contribution to social... »

Deborah Meaden

Budding Female ‘Dragons’ urged to Leave Lair

If you’re a woman thinking of starting your own business, join our webchat: Chat date: Wednesday 20th August Chat time: 14:00 British women are trailing far behind their male counterparts when it comes to setting up in business. Despite an abundance of skills, academic prowess and the high profile of businesswomen like Dragon’s Den’s Deborah Meaden, the gulf between the numbers of male and female entrepreneurs is significant. If women matched men’s start–up levels, an extra £32billion* could be added to the economy. So why are there less women setting up business than men? Lack of confidence is one of the main barriers recognised by NatWest and RBS, whose pioneering Women in Business Service has been introduced to encourage greater levels of entrepreneur... »

NADS Logo

Webchat – Starting from Scratch

Global entrepreneur Sue Ismiel offers astute advice to self–starters Chat date: Tuesday 8th July Chat time: 3.45pm Shows such as ‘The Apprentice’ and ‘Dragon’s Den’ have spawned a generation of self-starters all intent on bringing the next big idea to an ever–growing consumer market. But just how easy is it to set up your own business and how do you go about transforming your ideas into a money–making empire? To answer these questions we are hosting a webchat with Sue Ismiel who is CEO of Waxing Empire NADS. Sue started her business from scratch in her own kitchen developing natural waxing alternatives for women. From those rather flimsy foundations her business has grown into a global operation and is continually pushing the innovative bound... »

Entrepreneurs Pitch for £20k Grant

Entrepreneurs have the chance to win a £20,000 business grant, following the launch of the BT Essence of the Entrepreneur Competition. BT is searching for 20 entrepreneurs who have used technology to help develop their business. This group of finalists will win a professional photograph by the photographer Rankin. From these 20, an overall winner will be selected by the judging panel, which includes entrepreneur Peter Jones from BBC television series Dragons’ Den, to receive the title Outstanding Entrepreneur of the Year and a £20,000 grant. Business owners wishing to enter the awards must employ 75 people or less and should fill out the entry form online. Speaking about the competition, entrepreneur Peter Jones said: “It takes a lot of guts to take the plunge and s... »

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