Peter Jones

Peter Jones: Tycoon In Schools

Well known for his appearances on the BBC business TV show Dragons’ Den, Peter Jones CBE, has backed a new initiative aimed at boosting the entrepreneurial spirit amongst schoolchildren with a new competition called Tycoon in Schools. Investing £100,000 of his own cash into the venture, the competition aims to inspire Britain’s youngsters to start their own businesses, first pitching their ideas to their tutors in order to secure seed funding; winning a Tycoon Loan will help them get their startup off the ground. Starting on the 1st of November 2012, the children participating in the competition will have exactly one month in which to launch their project and then make as much profit as they can. A Tycoon League Table will show the junior entreprenuers’ progress. When the... »

SMEs Shun Sugar as Peter Jones Emerges as Ideal Business Partner

He may be the doyen of the boardroom, but Lord Alan Sugar leaves small business owners cold, according to research by business software and services provider Sage UK, which saw the former Enterprise Tsar emerge near the bottom of the pile when it comes to business partners SMEs would like to work with. Just 13% of small business owners chose Lord Sugar as the business partner they would most like to work with from a list of celebrity entrepreneurs. Celebrity Dragon Peter Jones was by far the most popular choice, taking 35% of the vote in Sage’s monthly Omnibus survey of UK SMEs. Lord Sugar was also less popular than Dragons’ Den personality Theo Paphitis, and even fellow Apprentice star Karren Brady, who received 15% and 18% of the vote respectively. It wasn’t all bad news for the electron... »

Only a Fifth of Schools Support Would-be Entrepreneurs

More than half of school children aged 14 to 19 want to be their own boss, but only one fifth are encouraged to do so by their school, research has revealed. Out of 1,000 teenagers polled in the Enterprise UK report Make Money, Make a Difference: Backing Britain’s Future, (PDF) 51% said they would like to run their own business. However, only 20% said that their school encourages entrepreneurship. Coinciding with the publication of the report, Dragons’ Den investor Peter Jones has launched Tenner Tycoon, a competition offering £400,000 in £10 notes to young people and giving them a month to make as much profit as they can. Jones said he was concerned that schools were not nurturing business skills: “If we are serious about a culture of enterprise in this country, then we need to nurt... »

Peter Jones’s National Enterprise Academy Opens

Peter Jones’s National Enterprise Academy Opens

Young people will now be able to study for brand-new qualifications in enterprise and entrepreneurship as the National Enterprise Academy (NEA), brainchild of Dragons’ Den entrepreneur Peter Jones, and backed by Government, officially opens today. The NEA, the first-ever UK educational institution dedicated solely to enterprise and entrepreneurship, will pioneer a new and innovative way of teaching. It will expose students to real-life business issues in real-life business environments, with a high level of input from a range of entrepreneurs acting as mentors, supporting trained tutors. The NEA will enrol nearly 18,000 learners in its first five years, giving young people and older learners the skills and confidence to become enterprising employees or entrepreneurs in their own righ... »

Business owners are more likely to seek business advice from their spouse

Entrepreneurs drop bankers for family on Business Advice

Business owners are more likely to seek business advice from their spouse than their non-executive director or banker, research by accountancy firm MGR has revealed. The survey found that accountants are business owners’ first choice when seeking business advice (38% of respondents), but that their husband or wife was the second most popular choice (15%). Just one in eight (13%) business owners said they would be most likely to turn to their non-executive director. John Thompson, professor of entrepreneurship at the University of Huddersfield , said: “Family and friends can be good initial sounding boards but there is always a risk they will only tell you what you want to hear,” “But formal and informal contacts will always remain important for the would-be entrepre... »

Dragons Dens Peter Jones

Small firms compete for Peter Jones mentoring session

Small firms keen to develop their business expertise are being given the chance to win a mentoring session with Dragons’ Den entrepreneur Peter Jones. As part of a mentoring scheme organised by BT Business, one business will win two half–day sessions with Peter Jones and an additional five businesses will win mentoring sessions with senior executives from BT Business. BT Business mentors will work alongside Professor David Clutterbuck, recognised as a leading mentoring expert. “Small businesses are often too busy to ask for help, but research published in Small Business Week revealed that mentoring is something they feel they would benefit from,” said Bill Murphy, managing director, BT Business. Peter Jones added: “It’s a crucial time for business and I&... »

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... »

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... »