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Start up cash boosts young entrepreneurs

Lambeth becomes a bustling business hub when Global Entrepreneurship week kicks off next week. The council will host a series of events and projects to encourage and support local business talent and fledgling enterprises in celebration of this annual event.

The week beginning November 15, marks the start of Global Entrepreneurship Week, and the council will launch its celebrations by awarding start-up grants to some of the borough’s fledgling businesses. Lambeth based entrepreneurs were invited to apply for a start up grant earlier this year, and more than 40 have applied for a share of the £4,000 pot.

Local business women are being celebrated too, in another highlight event, as part of Women’s Enterprise Day. The council, in partnership with Brixton-based communications company JP Creative, will host – on November 19 – the final of a business competition called Brand Amplifier. It helps female business owners – who are just starting out – to learn valuable tips from established business women, about how to successfully ‘bed in’ their brand and how to help their companies thrive.

Anne Fairbrother, a finalist from Brixton based store Cornercopia, has attended the Brand Amplifier workshops. She says: “It has been wonderful to gather pearls of hard earned wisdom from brand experts like JP and the crew, and to be part of such a lovely and inspiring group of women, in the early stages of some very interesting new ventures.

“The brand amplifier programme has given us great advice on how to turn the volume up on our brands, getting valuable feedback from customers and making sure every little experience adds to, rather than detracts from our evolving brands”.

The finalists will use their newly gained skills to give a 10 minute pitch to showcase their businesses in the hope of winning a top prize which includes on-going mentoring, a cash investment in their company, an i-pad and a free marketing plan.

The prize will be presented on the night by Councillor Sally Prentice, cabinet member for planning, regeneration, employment and enterprise. She said: “Lambeth is a vibrant and buzzing borough with many small independent businesses contributing to the local economy. Global Entrepreneurship Week gives us the perfect opportunity to celebrate these businesses as well as encouraging and supporting young businesses
as they develop”.

To find out more about any of these Lambeth Council initiatives, contact Jeremy Keates, Enterprise Officer on 020 7926 2702 or jkeates@lambeth.gov.uk Further information on business support in the borough is available through the Lambeth Business Desk on 020 7926 3032 or businessdesk@lambeth.gov.uk.

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