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Impact Report 2014
Haydn Green Institute for Innovation and Entrepreneurship
Haydn Green Institute for Innovation and Entrepreneurship
Nottingham University Business School
Jubilee Campus
Nottingham NG8 1BB
t: +44(0)115 951 5273
e: [email protected]
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
I am delighted to endorse the achievements of the Haydn
Green Institute in the inaugural year of the Haydn Green
Foundation’s generous endowment.
It has proven to be a memorable and impactful year with
the Institute helping to develop the entrepreneurial skills of
thousands of individuals and numerous organisations across
the world.
Locally the Institute has supported the creation of many
inspirational student businesses, with new student ventures
employing 53 people and having a combined turnover of
over £2m. Concurrently, the Institute has contributed to the
innovation and growth of over 100 local small businesses
through the Growth 100 and Inspired in Nottingham
programmes.
An independent review
1
of the recent High Growth East
Midlands business support programme showed that for every
£1 spent, £4.80 was returned to the regional economy. It is
fantastic to see the educational materials and learning support,
created by the Institute for the High Growth programme, now
being delivered to the next generation of business leaders. I am
confident that similar, or perhaps even greater, local economic
impact will be realised as these programmes mature.
Taking a national perspective, the Institute has supported a
record number of postgraduate students as they developed
new business ideas based upon biotechnology, environmental
science, engineering, energy and digital technologies through
the Young Entrepreneurs Schemes. A second independent
review
2
showed that taking part in these competitions was
responsible for an uplift in salary of up to 25% and potential
licensing income of up to £3m.
Considering global challenges, the Institute has led the way in
research and executive education in innovation management,
helping multinational firms such as Astra Zeneca and Mars to
develop radical new business ideas and understand how best
to develop their businesses to sustain innovation in turbulent
markets and fast changing technology environments.
In summary, it has been a pleasure to work with the Institute
during an exciting and stimulating inaugural year and I am sure
that this is just the start of an innovative and entrepreneurial
journey.
Peter Richardson
Chair D2N2 Local Enterprise Partnership for Derby,
Derbyshire, Nottingham and Nottinghamshire
1
Final Evaluation of the High Growth East Midland programme,
GHK Consulting.
2
Evaluation of the Biotechnology Young Entrepreneurs
Scheme, Webb, D. DTZ.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
There are many occasions
when I have used this phrase in
relation to the University and our
transformational work, I always
begin by citing Sir Jesse Boot’s
extraordinarily generous gift of land
to the University, and funding to
construct the Trent Building, which
helped us build the world-class
institution we are today.
Successive generations have built on our founding philanthropy
and in doing so have acted as catalysts for growth by
attracting further significant gifts, none more so than the Haydn
Green Foundation’s donation, which we are using to promote
innovation and entrepreneurship.
Independent sources say we produce the most employable
graduates in the UK and many of our subjects are ranked
among the best in the world. We have also won awards for
our pioneering entrepreneurship teaching and research in a
globally ranked Business School.
As you will see from this brochure, the effect of the Haydn
Green Foundation’s gift is now having a regional, national
and global impact and will continue to do so exponentially
for generations to come. As a major employer and driver of
economic growth, the University is an integral part of the
communities in which it is embedded and the Institute is
playing a major role in transforming the impact our University is
having, not only on our students’ lives, but also on the lives of
the people in the communities where we operate.
The entrepreneurial skills which the Institute is so successfully
embedding will be crucial to the competitive success of the
global economy and I can think of no greater recommendation
for you to enjoy reading about our achievements so far.
Professor Sir David Greenaway
Vice-Chancellor
‘It started with a gift’ Foreword
In February 2013, the Haydn Green Foundation donated
£1.5m to The University of Nottingham to promote innovation
and entrepreneurship. The aim of this substantial gift was
to build on the achievements of the University’s Institute
for Enterprise and Innovation (UNIEI), which since its
launch in 2000 has become a key international centre for
entrepreneurship education.
UNIEI was founded at Nottingham University Business
School and now helps thousands of students every year – at
undergraduate, postgraduate and MBA level – to develop the
entrepreneurial skills that will enable them to thrive as business
leaders. The gift of £1.5m will build and develop that work in
the years to come.
In honour of the endowment, UNIEI was re-named The Haydn
Green Institute for Innovation and Entrepreneurship.
“By launching the Haydn Green Institute
for Innovation and Entrepreneurship
under the leadership of The University of
Nottingham, the trustees are confident
that this Institute will continue to further
the mission of the University by providing a
truly international education, inspiring the
students, producing world-leading research
and benefiting the community with bold
innovation. By encouraging excellence in
entrepreneurship, it will help to improve life
for individuals and societies in the UK and
worldwide.”
Hardev Singh
Trustee of The Haydn Green Foundation
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
It has been a privilege to be Director of
HGI during another record-breaking year
of knowledge creation and knowledge
sharing.
I would like first to commend the pioneering work of our Chair,
Martin Binks, whose research on bank finance for SMEs in the
70s and 80s led to a burgeoning research and educational
agenda at Nottingham incorporating entrepreneurship, small
business and innovation. From this the pedigree of the Haydn
Green Institute can be directly traced, culminating in the book
Ingenuity published this year explaining our latest thinking on
radical innovation.
The HGI research team has had a very productive year, with
award-winning publications realised by Susan Marlow together
with Lee Martin, Janine Swail, Isobel O’Neil and Angela Dy.
Their highly cited work has brought a greater understanding
of the entrepreneurial process, gender and entrepreneurship
and social enterprise, and they have struggled to satisfy the
demand for keynote presentations at academic and practitioner
conferences worldwide.
Within the area of small business growth, Andrew Greenman
has worked tirelessly with three cohorts of ambitious local firms
recruited onto the Growth 100 programme. Together with the
Executive Education team, Rob Carroll, David Falzani, Jeannie
Holstein and Kelly Cookson they have developed and delivered
a fantastic learning experience and the concurrent research
programme has uncovered fascinating insights into strategy
formation in ambitious small firms.
Considering the field of radical innovation, Hannah Noke
and Paul Kirkham have created new executive education
programmes for schools, local councils and blue chip
companies. The culmination of this work has been the Invest
to Lead programme with Nottinghamshire Healthcare NHS
Trust where 400 leaders worked through ingenuity challenges
over six months, together with support from HGI, the Executive
Education team and the Centre for Health Innovation,
Leadership and Learning, developing 80 new innovation
projects to improve the service dramatically.
The fastest growing area of the Institute is the support
provided to aspiring undergraduate and postgraduate
entrepreneurs. The internationally recognised work of Chris
Mahon, Dan Edge, Tracey Hassall-Jones and Ann Vickers
has enabled a record number of students to realise their
entrepreneurial dreams in a safe and supportive environment.
Underpinning and coordinating this work and the many more
exciting projects in this report are the administration team
led by Catherine Thompson. Together with Sue Walker and
Maggie Rouse they are the unsung heroes of the Institute and
provide indispensable support.
I would like to add my personal thanks to the Haydn Green
Foundation for their generous endowment to help us to
develop and grow, and if you would like to work together with
the Institute as a speaker, mentor, researcher or sponsor then
please do not hesitate to get in touch.
Professor Simon Mosey
Director of the Haydn Green Institute for Innovation and
Entrepreneurship
Director’s summary Introduction
The Rt Hon Dr Vince Cable MP with Hardev
Singh and Professor Nathu Puri DL.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
• All 1,600 Business School first-year undergraduates in the
UK, China and Malaysia study entrepreneurship and radical
innovation thinking.
• Programmes and modules in entrepreneurship are open to
students across the University.
• We created one of the first MBAs in entrepreneurship in
2005.
Cross-disciplinary MSc courses
We offer seven unique cross-disciplinary MSc courses across
engineering, science and the arts to allow students to learn
entrepreneurship practice alongside their core postgraduate
degree subject.
These include:
• MSc Applied Biopharmaceutical Biotechnology and
Entrepreneurship
• MSc Communication and Entrepreneurship
• MSc Computer Science and Entrepreneurship
• MSc Crop Biotechnology and Entrepreneurship
• MSc Cultural Industries and Entrepreneurship
• MSc Electrical and Electronic Engineering and
Entrepreneurship
• MSc Sustainable Energy and Entrepreneurship
Undergraduates at our UK campus:
• 700 Business School students and 30 engineering students
take the Entrepreneurship and Business module on average
every year.
• 30 scientists, 40 engineers and 20 business students
typically make up the cohort studying the Science,
Technology and Business module every year.
• 450 business students per year take the New Venture
Creation module.
The Ingenuity Process
Every student entering the Business School uses our Ingenuity
Process to invent a brand new concept.
A guide for clear thinking developed by the Institute, the
Ingenuity Process is a proven way of embedding pre-concept
innovation activities in our decision-making processes. This
requires a clear focus upon problem definition, discovering
multiple solutions and determining the most effective solution.
In practice, individuals and organisations tend to neglect these
critically important activities sometimes to their great cost
where sub-optimal default solutions are adopted as a shortcut.
The Ingenuity Process provides a rigorous framework to ensure
that the correct problem or root cause is considered, that wide
and diverse ranges of potential solutions are generated and
that the optimal solution is determined.
Innovation is promoted as a route to allow firms to get more
from less and to create competitive advantage. Radical
innovation over incremental innovation is encouraged.
We are developing an online version of the Ingenuity Process
to roll out to our students and external organisations.
“Doing a cross-disciplinary course
is beneficial because it opens you
up to opportunities that exist in
different places. There’s usually a
gap between the technology and
the business world and this course
bridges that gap.”
Sydney Lloyd Abbey
MSc Electrical and Electronic Engineering
and Entrepreneurship graduate, 2013
Entrepreneurship
education for all
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
PhD food science student Steve Jones
is an expert in the cultivation of quinoa
(a grain analogous to rice) and is
using that expertise to grow the crop
successfully in the UK. With the potential
to greatly reduce food miles compared
to imported rice and with significant
nutritional benefits he believes quinoa
has the potential to grow its market
share considerably over the next
few years.
Having field tested a number of varieties of the crop, Steve
now holds exclusive licences to grow the best adapted
varieties for the UK climate and intends to grow crops on
a commercial basis for the first time next year. Interest in
stocking his produce has already been seen from a number
of big players in the food and retail sector, including a
leading supermarket and a high-street food outlet famous
for the quality of its deli menu.
As winner of the 2013 Student Venture Challenge,
a competition aimed at finding and encouraging the
best business ideas from students at The University of
Nottingham, Steve has been able to develop the business
further with assistance from the competition prize fund.
Steve also represented the University in the prestigious
Santander Entrepreneurship Awards, reaching the final
stage among very tough opposition.
Case study:
Stephen Jones British Quinoa Company
Entrepreneur and PhD student
Steve Jones with his crop of quinoa.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
DiagMole are Ammar Mussaji,
Thungdemo Ovung and Zhendong Li, a
team of MSc Crop Biotechnology and
Entrepreneurship graduates. They are
staying on in Nottingham to progress
their mobile diagnostic service for
pathogen detection, an idea which they
developed for their masters dissertation.
Their method can be used to detect foodborne disease,
which is a high priority in the food industry as the UK alone
records 500 deaths per year due to preventable foodborne
diseases. DiagMole can now test for and diagnose these
diseases from the food source before products reach
consumers or supermarkets, thus preventing any more food-
related disease outbreaks.
Why mobile testing for diseases?
The testing procedure that DiagMole uses has historically
been carried out in the laboratory. The team have developed
mobile testing kits that enable the process to be taken out
of the lab and into the field, a major time-saver for clients
that can produce results in around two hours, as opposed
to weeks.
How has the University helped the
entrepreneurial journey?
Firstly, DiagMole received crucial support from the
University’s EnterpriseLab and Careers and Employability
Service with their applications for Graduate Entrepreneur
Visas, without which they wouldn’t still be in the UK to
develop their idea. The University also facilitated DiagMole’s
relationship with valuable business connections.
While studying, the team found out about support available
for student entrepreneurs via guest speakers in their
lectures. As a result of this, DiagMole are currently part of
BioCity’s Next Business Generation accelerator programme
after the director delivered a guest lecture. They have
also received funding and mentoring via the Inspired in
Nottingham programme, which is delivered by the University
in partnership with Nottingham City Council. David Park,
Managing Director of Eminate Ltd, became their Inspired
mentor after referral by Dan Edge from the EnterpriseLab.
Commercialising the science
The team took part in the 2013 Biotechnology Young
Entrepreneurs Scheme (YES), an annual business plan
competition organised by the University which is designed
to raise awareness of commercialisation among researchers.
Although the team weren’t taking part as DiagMole and
the idea that they developed during YES was a different
one, they used the experience of pitching their YES idea to
develop their business skills and make useful contacts.
Ammar says that finding the MSc course at Nottingham
that combines science and business was his reason for
leaving the US, where he had previously studied for a BSc
in Microbiology, and coming to the UK, as this course is not
available anywhere else in the world.
Before enrolling on the cross-disciplinary MSc course,
Zhendong says he had no intention of going into business.
He applied for this course directly from a degree in crop
protection, as he wanted to gain some more scientific
knowledge as well as business skills. He says he found the
business modules really helpful, especially the lectures on
finance and innovation management.
Thungdemo initially researched doing an MBA after studying
an MSc in Industrial Biotechnology, but found this would
only teach him how to execute business, which wasn’t
what he was looking for. Thungdemo discovered the cross-
disciplinary MSc course and was delighted to find that it
taught how to start a business from scratch and run it.
DiagMole say that their diverse backgrounds in terms
of culture, degrees and teamwork experience of nearly
two years make them a strong partnership. All three are
international students from Tanzania, China and India. They
all have different scientific strengths and work on their
specialist areas within DiagMole.
DiagMole are committed to staying in the UK and the next
step is to have an office in the EnterpriseLab where, as
graduates of the University, they can access the practical
support on offer such as free business advice surgeries,
use of the hot desks and office facilities and use of the
Innovation Park business address.
Case study:
DiagMole
The DiagMole team at work
in the Plant Sciences lab.
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Nottingham University Business School
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
MBA Entrepreneurship alumni Mark
Christian and Kirstie MacDonald came
up with the idea for the unique and
innovative ‘Laughing Matters’ project
during the Social Entrepreneurship module
on their MBA programme. The module
introduces students to the rapidly growing
phenomena of social enterprise and
social entrepreneurship, requiring them
to imagine and develop business ideas
that address real social or environmental
problems.
Mark and Kirstie wrote the core business plan for the Laughing
Matters enterprise as part of the assessment for the module,
and pitched the idea to a social investment panel at the end.
Laughing Matters (www.laughingmatters.org.uk) provides
free comedy-based courses for individuals with past
addiction problems and mental health issues. The aims of the
course are to help improve confidence, self-expression and
communication, all in a safe and supportive environment.
Participants gain insights into areas such as writing, idea
generation, and stage presence. At the end of the course
they have the chance to perform their own material in front
of an invited audience. This leaves course members with a
feeling of pride and accomplishment that can positively impact
other areas of their lives such as entering or re-entering the
workplace, further education or with personal relationships.
Laughing Matters alumni then have the opportunity to become
course mentors to help new participants, further aiding their
recovery and confidence.
More than 50 individuals have already benefited from attending
one of the courses and feedback has shown that participation
helps people in their recovery process by providing a challenge
that is different from anything they have previously experienced.
This increases their belief in what they are actually capable of
achieving and provides an outlet for potentially negative energy.
From a societal perspective, attendance leads to greater
engagement with support services from individuals who may
not otherwise do so, leading to lower financial and social costs,
more positive and cohesive family and social relationships and
more productive and positive members of society.
To ensure the courses are free, a Laughing Matters Showcase
was held in September 2013 which featured Harry Hill,
Tony Law and Paul Foot among a whole host of other great
comedians who gave their time for free to support the project.
A second fundraiser was held in Leicester in February 2014
which included Never Mind the Buzzcock’s Phill Jupitus. The
enterprise has gained the support of the wider comedy industry
with Jonny Vegas, Ardal O’Hanlon and John Bishop all being
quoted on how they like the concept and will support it in
future. Further fundraisers are planned for 2014 with the cream
of the UK comedy circuit taking part.
Laughing Matters has been featured on radio (The Today
Programme, BBC Radio Nottingham and Leicester) in
newspapers including The Independent, The Observer and
The Times, and on the BBC News and The Guardian websites.
Laughing Matters was also nominated for a community
achievement award at the Leicester Comedy Festival 2014
and chosen after a highly competitive process to be part
of the Social Incubator North Fund. This is a Government
initiative that offers loan investment and business support to
social businesses that are deemed to be innovative and have
the potential to benefit areas of society. Laughing Matters
also won the ‘Student Enterprise’ award at The University of
Nottingham’s inaugural Knowledge Exchange and Innovation
Awards 2014.
The future aim of Laughing Matters is to cement its place as an
alternative aftercare service, giving individuals the opportunity
to participate in something totally unique which in turn can
impact positively on their lives. Mark and Kirstie hope to extend
Laughing Matters nationwide to ensure that as many people
as possible get the opportunity to take part and experience
the benefits comedy and performing can bring to their lives.
Initial plans have already started on developing new courses for
young people leaving care, returning service personnel and for
team building in companies.
Laughing Matters provides free comedy-based courses
for individuals with past addiction problems and mental
health issues. The aims of the course are to help improve
confidence, self-expression and communication, all in a safe
and supportive environment.
Case study:
Laughing Matters
Mark Christian receiving the Student Enterprise
Award for his innovative project Laughing Matters.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
The Institute regularly engages with businesses on a local,
national and international level through a number of initiatives
and programmes. We offer a range of services to businesses
from executive education through to SME surveys and
business networking. We also invite businesses to interact with
our students whether as a mentor or as a guest speaker at one
of our lectures or events.
• The UK Business and UK Business Adviser Barometers are
online surveys set up by the Institute to gather the views of
SMEs and business advisers.
• Our cutting-edge research is being translated into
improvements in business practice.
Partnering students with businesses
• Our MSc Entrepreneurship students spend several weeks
working in teams on a live consultancy project for a local
business.
• The Inspired in Nottingham programme matches the needs
of young entrepreneurs with successful local businesses
that have the appropriate skills or experience to add real
value to the student’s early stage idea.
Executive Education
Our Executive Education programmes focus on areas such
as leadership, creativity and innovation, sustainability and
the vital corporate issue of intrapreneurship. Participants on
our Executive Education programmes are able to pursue all
aspects of innovation in the same learning environment that
has been developed for staff and students.
Past programmes include:
• The EMDA funded High Growth Support programme,
delivered to 100 SMEs, designed to help CEOs and
directors of existing high growth companies to sustain and
develop their competitive edge.
• The Growth Readiness programme aimed at CEOs and
senior managers delivered in conjunction with Pera Training
to 150 SMEs.
• The EMDA funded Ingenuity Programme, delivered to 200
SMEs in collaboration with Nottingham Trent University and
The University of Derby.
• The Specialist Leader Development Programme delivered
in conjunction with Nottingham City Council, targeted at
business professionals responsible for the knowledge and
thought leadership in their areas.
• The Growth 100 programme, designed to give 100
Nottingham-based owners and directors the knowledge and
skills to help them expand their businesses.
“I’d definitely recommend the
Growth 100 programme to other
small/medium businesses. What
sets this programme apart from
others on offer is its impartiality.
Because it’s run by Nottingham
City Council and The University of
Nottingham, I know I’m not about
to be hit with a sales pitch.”
Ian Grewcock
My Jobs Place
Business
engagement
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
In partnership with two co-directors, Ian Grewcock
launched the innovative coaching and recruitment
solutions company My Jobs Place in 2011 after identifying
a gap in the recruitment market. Ian and his co-directors
developed the technology around an interface for
employers and candidates to engage with each other and
devised a unique subscription model for employers.
Ambition to be unique and to grow
The My Jobs Place business plan for growth is centered
around the goal to be specialists in a number of key
recruitment niches, using their core technology to achieve this.
Ian says that the business ambition has always been to grow
rapidly and he felt that some support and validation of his ideas
on how to achieve this growth would be highly beneficial.
Applying for Growth 100
The life of a small business owner can often be very lonely,
and Ian says that the Growth 100 programme appealed to him
because “no matter how good you are at business, third party
confirmation that you are doing the right thing is always helpful.
There have been times when I’ve doubted what I’ve been doing
and wished I had a support network to tell me that I am on
the right track with my growth ideas and if I’m not on the right
track, to give me some idea of where to go next. It’s reassuring
to hear from other businesses who are going through similar
issues to that of mine. The opportunity to network with other
local businesses is also proving valuable.”
How Growth 100 is helping
The programme has helped Ian to define clearly his plans for
growth and reconsider options for the business that he had
previously doubted. “The Growth 100 workshops provide
scheduled time to analyse the business strategy. It’s easy
to become so engrossed in the day-to-day that you don’t
dedicate enough time to looking at longer term plans. I have
been able to get a helicopter view of my business and immerse
myself in the detail of building a strategic plan for growth in
each session.”
Developing personal skills
Growth 100 also aims to develop the business and managerial
skills of the owner/directors, something which Ian feels is
certainly worthwhile: “When your business is small and you
only have two or three managers, there can be gaps in your
management skill set. The session we spent defining our
management style was really enlightening for me. As a small
business owner with a lot invested in the company, it’s all too
easy to make emotional decisions when it comes to managing
staff. The personalised approach of this workshop enabled me
to look at how I manage my team and identify what I need to
improve on.”
Would Ian recommend Growth 100?
“I’d definitely recommend the Growth 100 programme to
other small/medium businesses. What sets this programme
apart from others on offer is its impartiality. Because it’s run
by Nottingham City Council and The University of Nottingham,
I know I’m not about to be hit with a sales pitch. The aim is
simply to help businesses like mine to grow which in turn has a
positive effect on the local economy.”
Growth 100 case study:
Ian Grewcock My Jobs Place
Growth 100 case study:
Nathan Corden and David Cini
Central High Rise
Founded in 1984 by Nathan Corden’s step-father Keith,
Central High Rise began life as a traditional steeplejack
company. Today, Central High Rise has developed and
diversified its service offering to become a modern
industrial climbing business and their multi-disciplined
services now include lightning protection, heritage and
conservation work, and wind turbine maintenance.
Why Growth 100?
Nathan and co-director Ian are now taking over the running of
the business from Keith and this change of role was one of the
reasons why Nathan applied for Growth 100.
Nathan says: “I was looking for some training that could
develop my business skills. Coming from working on the tools,
I need help to move over to the management side of things.
When I was looking for some training, it was important that it
wouldn’t require me to take too much time out of work. Growth
100 was a perfect fit.”
David Cini is moving up the ranks to a management role
and felt he could also benefit from business training: “I was
looking to learn more about management, especially the HR
and recruitment aspects of the business. Recruiting the wrong
person can be very costly for a small business like ours and
also affects the service we offer our clients. I’m hoping this
programme will arm me with the knowledge to make the right
decisions. The programme is already helping me to understand
our staff better and I’m looking forward to implementing the
practical things we have learnt, for example the Career Anchors
for staff. I think this will help us to develop our workforce more
effectively.”
Trying new ventures
A new undertaking for the business is carrying out marketing
and sales campaigns and the lessons learnt in the Growth
100 workshops have backed up this activity. Nathan explains:
“We’ve never really undertaken structured marketing or made
sales calls before as we were lucky enough to survive on
reputation alone. We knew we needed to do more to promote
the business and the Growth 100 programme helped to
build our confidence that we are doing the right thing. Like
many established businesses, in the past we’ve felt wary of
trying new ventures as we often expected them to fail. The
programme is giving us the assurance to keep the momentum
going.”
Would Nathan and David recommend
Growth 100?
David says: “Yes. It’s a win-win situation as it’s a free course
and helps you on both a business and personal level. The
workshops push you to analyse yourself and this is helping
us to learn something new in every session. It’s easy to stay
in your comfort zone but both of us have enjoyed being
encouraged to try things we wouldn’t previously have thought
of or considered.”
Nathan is also seeing the value: “Another good thing about this
course is the written materials that we take away after each
session. After a busy workshop I need time to let things sink
in and it’s been really good for me to be able to go back over
what we’ve learnt. I can see us referring back to the workshop
handouts months down the line.”
David Cini and Nathan Corden, Central High Rise.
Ian Grewcock, co-director of My Jobs Place.
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Nottingham University Business School
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
The Institute strives to cultivate creative and innovative
approaches and environments in which breakthrough
technologies can flourish. This is achieved via our teaching
and a range of extracurricular programmes and strategic
partnerships with organisations such as the Royal Academy of
Engineering and the Royal Society of Chemistry.
Our Science, Technology and Business module aims to give
students an understanding of the process of commercialising
science and technology-based innovations.
Young Entrepreneurs Scheme
The Young Entrepreneurs Scheme (YES) is a family of
business plan competitions giving early career researchers
the entrepreneurial skills to understand the requirements for
commercialisation of science and technology.
4,358 early career researchers have taken part in the
various Young Entrepreneurs Schemes since 1997.
Nutec Ltd
Nutec won the 2013 Biotechnology YES competition with their
concept for a diet aid that acts to reduce the uptake of dietary
sugar into the bloodstream. Kelly Ward from the team has
since gone on to present Nutec’s business idea at the 2014
Rice Business Plan competition in Houston, Texas.
Capture Company
The Environment YES winners 2012 developed a calcium
based filter to collect carbon dioxide and turn harmful gas into
a reusable solid for the aggregate industry (calcium carbonate).
Seedball
Scientists Anna Evely and Emily Lambert took part in
Environment YES in 2010. The experience gave them the
knowledge and confidence to launch their business idea. Seed
balls are a mini-ecosystem of wildflower seeds mixed with clay,
peat-free compost and chilli powder. The dried clay protects
the seeds from predators and allows them to germinate once
enough rain has soaked through the clay.
Commercialisation of
ideas and research
The Institute strives to cultivate
creative and innovative approaches
and environments in which
breakthrough technologies
can flourish. More than 4,000
early career researchers have
taken part in the various Young
Entrepreneurs Schemes
since 1997.
Thank you to the following YES co-organisers:
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
The Institute offers support through its EnterpriseLab for
students wanting to explore and develop their business
ideas. EnterpriseLab members gain access to business
mentors and free advice surgeries relating to finance,
marketing, sales, intellectual property and legal issues.
Examples of companies supported by the EnterpriseLab
include Call for Participants and Collwright Engineering.
Call for Participants took part in the Digital Economy Young
Entrepreneurs Scheme competition in 2012, developing their
idea which provides researchers with access to participants for
their studies. Find out more at www.callforparticipants.com
Engineering students Ollie Wainwright and Matt Dawson are
already leveraging skills developed while studying for their
degree by setting up their company Collwright Engineering
Services. The company offers a range of engineering
outsourcing services including 2D and 3D design, prototyping
and engineering simulation. Despite having traded for a
relatively short time they have already secured their first clients
and hope to be in a position to run the company full time by
the time they graduate. The pair successfully applied to the
University’s Ingenuity Plus grant scheme which provided
business model development training as well as funding
to cover the cost of a high-spec CAD workstation for the
business. Find out more at www.collwright.com
The EnterpriseLab facilities are also available to our graduates
after they leave the University.
• An average of 200 new members join the EnterpriseLab
each academic year.
• 14 limited companies have been formed by EnterpriseLab
members in the last year.
The EnterpriseLab offers graduates support with applying
for the Graduate Entrepreneur visa. The Tier 1 (Graduate
Entrepreneur) visa category is designed to allow (non-EU)
graduates to extend their stay in the UK after graduation if they
have been identified by UK higher education institutions as
having developed innovative ideas and entrepreneurial skills.
In order to apply for the visa students must receive
endorsement from the University confirming that they are
working on a suitable idea and will need to provide evidence
that they are developing a viable business idea by submitting a
business plan and presenting their idea to University staff.
Last year the EnterpriseLab supported nine graduates from
India, China, Thailand, Malaysia, Nigeria, Kenya and Tanzania,
including the team members from DiagMole, and others with
ideas ranging from food retail and business consultancy to an
idea for an insulated plastic bottle for keeping drinks cool.
EnterpriseLab Student Venture Challenge
The annual Student Venture Challenge offers £20,000
worth of business support and funding to help students
develop their business ideas further.
Product Design and Manufacture student Tom Parker took first
prize in the 2014 challenge with his proposal for an eSteady
GoPro camera rig. The product enables anyone to create high-
production value footage across a variety of applications by
stabilising motion.
Second place was taken by Economics with Chinese Studies
student Oliver English and Management Studies student Myles
McCarthy with their business, Sko Espial. Their product is the
world’s first fully customisable snowboard that allows the user
to change the graphics on their board using a mobile app. A
team of Mechanical Engineering students took third place.
David Alatorre, Thomas Dryden, Thomas Shorten and Peter
Storey presented their pitch for their Freefall Camera, the
world’s first autonomous freefalling camera robot. The device
will enable skydivers to be filmed at any time they choose
instead of being bound by camera flyer availability.
The winning teams received a share of £20,000 courtesy
of Santander, the University’s Careers and Employability
Service and the Higher Education Innovation Fund as well
as professional advice from sponsors Haines Watts and
Marketest and support from staff at the centre.
Thank you to our sponsors Haines Watts, Marketest,
Santander Universities UK and University of Nottingham
Innovation Park and thank you to Nottingham Entrepreneurs for
their ongoing support.
In their formative years the Skeleton Productions founding
team of Jonathan English, James Bryant and Mark Delamere
experimented with a number of business ideas targeting the
market they knew best, students and graduates. These early
ideas included nightclub promotions, organising reunion
parties for Nottingham graduates who had moved to London
and a student sports TV channel. Although reasonably
successful for a time, the team quickly recognised that
there was more potential to grow a sustainable business by
reaching outside of the university bubble.
It wasn’t until they turned away from the student market and
instead focused their efforts upon building a video production
company that they really struck gold.
Setting them apart from some of their more parochial rivals,
a key strand of Skeleton’s strategy from the outset has been
to work with clients nationally rather than focusing solely on
the local market. To facilitate this they set about creating their
very own nationwide network of film-makers and a proprietary
software platform to manage their extended team. This has
enabled the company to compete effectively with bigger
agencies without relocating to London.
Now with a team the equivalent of 15 full-time staff and
renting space in the University’s prestigious Sir Colin
Campbell Building, the business has gone from strength-
to-strength and counts many high profile companies as
clients. These include Lloyds TSB, Experian, AstraZeneca,
and Cambridge University as well as countless smaller
businesses.
Regular contributors to EnterpriseLab and Business School
events for enterprising students ensure that the founders
maintain a close contact with the University. Jonathan
English has recently graduated from the University’s Growth
100 programme and Skeleton Productions were awarded
the Alumni Enterprise award at the University’s inaugural
Innovation Awards in 2014. Jonathan has also been elected
as President of Nottingham City Business Club for 2014/15
and is Vice Chair of the Invest in Nottingham Club.
www.skeletonproductions.com
Case study: Skeleton Productions
Student Venture Challenge winners 2014.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
2000
Institute for Enterprise and Innovation
founded with £2.6m from OST
MSc in Entrepreneurship, Science and
Technology launched
2001
EnterpriseLab for student entrepreneurs
opened
2002
East Midlands Science Enterprise Network
founded with £2.8m
2003
Enterprise Alliance created providing SME
training and graduate employment in SMEs
2004
Excelnet launched providing SME skills
development across region
2005
Gained Centre for Excellence in Teaching
and Learning award of £2m
Launched MBA Entrepreneurship
Environment Young Entrepreneurs
Scheme created for postgraduate
researchers
2006
MSc in Computer Science and
Entrepreneurship launched
2007
MSc in Sustainable Energy and
Entrepreneurship created
2008
Ingenuity programme offering
skills development to SMEs across
Nottinghamshire and Derbyshire
First ever recipient of the Times Higher
Entrepreneurial University of the Year
Award
2009
High Growth programme providing
leadership training for fast growing SMEs
2010
Growth Readiness programme offering
management development to local SMEs
2011
Five new cross-disciplinary MScs in
Entrepreneurship launched
2012
Digital Economy and Biomedical Young
Entrepreneurs Schemes created for
postgraduate researchers
2013
Energy Young Entrepreneurs Scheme
created for postgraduate researchers
Haydn Green Foundation donates £1.5m
to the Institute
Growth 100 programme launched
providing leadership training to SMEs
2014
Awarded Small Business Charter Award
The University becomes one of the first
University Enterprise Zones in the UK
Key dates
Professor Martin Binks
Chair of HGI, Professor of Entrepreneurial Development
Dean of Nottingham University Business School
Professor Simon Mosey
Director of HGI, Professor of Entrepreneurship and Innovation
Nick Barker
BS Graduate Teaching Assistant (Entrepreneurship and
Innovation)
Rob Carroll
Honorary Professor in Venture Capital and Private Equity
Kelly Cookson
Communications Officer
Angela Dy
Teaching Associate in Entrepreneurship
Dan Edge
EnterpriseLab Coordinator
David Falzani
Visiting Professor in Sustainable Wealth Creation
Dr Andrew Greenman
Lecturer in Entrepreneurship and Small Business
Deputy Director of Doctoral Programmes
Doctoral Admissions Tutor
Tracey Hassall-Jones
Young Entrepreneurs Schemes
Jeannie Holstein
Lecturer in Public Sector Management
Paul Kirkham
Researcher in the field of entrepreneurial creativity
Chris Mahon
Lecturer in Entrepreneurship,
MBA Admissions Tutor for the Entrepreneurship Programme
Director of MBA in Entrepreneurship
Professor Susan Marlow
Professor of Entrepreneurship
Dr Lee Martin
Lecturer in Entrepreneurship and Creativity
Director of MSc in Entrepreneurship
Dr Hannah Noke
Associate Professor in Entrepreneurship and Innovation
Director of MSc Cross-disciplinary Entrepreneurship
Programme, Staff Development Officer
Dr Isobel O’Neil
Lecturer in Entrepreneurship and Innovation, PWC Admissions
Tutor, Head of Undergraduate Admissions (Home/EU)
Maggie Rouse
EnterpriseLab Secretary
Dr Janine Swail
Lecturer in Entrepreneurship and Innovation
Catherine Thompson
Secretary to the Director
Ann Vickers
Industrial Fellow, Business and EnterpriseLab Consultant
Sue Walker
Curriculum Support Secretary
Contact us
Haydn Green Institute for Innovation and Entrepreneurship
Nottingham University Business School
Jubilee Campus
Wollaton Road
Nottingham
NG8 1BB
t: +44(0)115 951 5273
e: [email protected]
w: www.nottingham.ac.uk/enterprise
@IngenuityOnline
IngenuityOnlinehttp://tiny.cc/LinkHGI
Meet the team
The University of Nottingham has made every effort to ensure that the information in this report was accurate when published.
Please note, however, that the nature of the content means that it is subject to change from time to time, and you should
therefore consider the information to be guiding rather than definitive. Printed August 2014.
© The University of Nottingham 2014. All rights reserved.
To request this publication in an
alternative format, please contact us:
t: +44 (0)115 951 4591
e: [email protected]
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In this detailed data about impact report 2014 haydn green institute for innovation and entrepreneurship.
Impact Report 2014
Haydn Green Institute for Innovation and Entrepreneurship
Haydn Green Institute for Innovation and Entrepreneurship
Nottingham University Business School
Jubilee Campus
Nottingham NG8 1BB
t: +44(0)115 951 5273
e: [email protected]
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
I am delighted to endorse the achievements of the Haydn
Green Institute in the inaugural year of the Haydn Green
Foundation’s generous endowment.
It has proven to be a memorable and impactful year with
the Institute helping to develop the entrepreneurial skills of
thousands of individuals and numerous organisations across
the world.
Locally the Institute has supported the creation of many
inspirational student businesses, with new student ventures
employing 53 people and having a combined turnover of
over £2m. Concurrently, the Institute has contributed to the
innovation and growth of over 100 local small businesses
through the Growth 100 and Inspired in Nottingham
programmes.
An independent review
1
of the recent High Growth East
Midlands business support programme showed that for every
£1 spent, £4.80 was returned to the regional economy. It is
fantastic to see the educational materials and learning support,
created by the Institute for the High Growth programme, now
being delivered to the next generation of business leaders. I am
confident that similar, or perhaps even greater, local economic
impact will be realised as these programmes mature.
Taking a national perspective, the Institute has supported a
record number of postgraduate students as they developed
new business ideas based upon biotechnology, environmental
science, engineering, energy and digital technologies through
the Young Entrepreneurs Schemes. A second independent
review
2
showed that taking part in these competitions was
responsible for an uplift in salary of up to 25% and potential
licensing income of up to £3m.
Considering global challenges, the Institute has led the way in
research and executive education in innovation management,
helping multinational firms such as Astra Zeneca and Mars to
develop radical new business ideas and understand how best
to develop their businesses to sustain innovation in turbulent
markets and fast changing technology environments.
In summary, it has been a pleasure to work with the Institute
during an exciting and stimulating inaugural year and I am sure
that this is just the start of an innovative and entrepreneurial
journey.
Peter Richardson
Chair D2N2 Local Enterprise Partnership for Derby,
Derbyshire, Nottingham and Nottinghamshire
1
Final Evaluation of the High Growth East Midland programme,
GHK Consulting.
2
Evaluation of the Biotechnology Young Entrepreneurs
Scheme, Webb, D. DTZ.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
There are many occasions
when I have used this phrase in
relation to the University and our
transformational work, I always
begin by citing Sir Jesse Boot’s
extraordinarily generous gift of land
to the University, and funding to
construct the Trent Building, which
helped us build the world-class
institution we are today.
Successive generations have built on our founding philanthropy
and in doing so have acted as catalysts for growth by
attracting further significant gifts, none more so than the Haydn
Green Foundation’s donation, which we are using to promote
innovation and entrepreneurship.
Independent sources say we produce the most employable
graduates in the UK and many of our subjects are ranked
among the best in the world. We have also won awards for
our pioneering entrepreneurship teaching and research in a
globally ranked Business School.
As you will see from this brochure, the effect of the Haydn
Green Foundation’s gift is now having a regional, national
and global impact and will continue to do so exponentially
for generations to come. As a major employer and driver of
economic growth, the University is an integral part of the
communities in which it is embedded and the Institute is
playing a major role in transforming the impact our University is
having, not only on our students’ lives, but also on the lives of
the people in the communities where we operate.
The entrepreneurial skills which the Institute is so successfully
embedding will be crucial to the competitive success of the
global economy and I can think of no greater recommendation
for you to enjoy reading about our achievements so far.
Professor Sir David Greenaway
Vice-Chancellor
‘It started with a gift’ Foreword
In February 2013, the Haydn Green Foundation donated
£1.5m to The University of Nottingham to promote innovation
and entrepreneurship. The aim of this substantial gift was
to build on the achievements of the University’s Institute
for Enterprise and Innovation (UNIEI), which since its
launch in 2000 has become a key international centre for
entrepreneurship education.
UNIEI was founded at Nottingham University Business
School and now helps thousands of students every year – at
undergraduate, postgraduate and MBA level – to develop the
entrepreneurial skills that will enable them to thrive as business
leaders. The gift of £1.5m will build and develop that work in
the years to come.
In honour of the endowment, UNIEI was re-named The Haydn
Green Institute for Innovation and Entrepreneurship.
“By launching the Haydn Green Institute
for Innovation and Entrepreneurship
under the leadership of The University of
Nottingham, the trustees are confident
that this Institute will continue to further
the mission of the University by providing a
truly international education, inspiring the
students, producing world-leading research
and benefiting the community with bold
innovation. By encouraging excellence in
entrepreneurship, it will help to improve life
for individuals and societies in the UK and
worldwide.”
Hardev Singh
Trustee of The Haydn Green Foundation
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
It has been a privilege to be Director of
HGI during another record-breaking year
of knowledge creation and knowledge
sharing.
I would like first to commend the pioneering work of our Chair,
Martin Binks, whose research on bank finance for SMEs in the
70s and 80s led to a burgeoning research and educational
agenda at Nottingham incorporating entrepreneurship, small
business and innovation. From this the pedigree of the Haydn
Green Institute can be directly traced, culminating in the book
Ingenuity published this year explaining our latest thinking on
radical innovation.
The HGI research team has had a very productive year, with
award-winning publications realised by Susan Marlow together
with Lee Martin, Janine Swail, Isobel O’Neil and Angela Dy.
Their highly cited work has brought a greater understanding
of the entrepreneurial process, gender and entrepreneurship
and social enterprise, and they have struggled to satisfy the
demand for keynote presentations at academic and practitioner
conferences worldwide.
Within the area of small business growth, Andrew Greenman
has worked tirelessly with three cohorts of ambitious local firms
recruited onto the Growth 100 programme. Together with the
Executive Education team, Rob Carroll, David Falzani, Jeannie
Holstein and Kelly Cookson they have developed and delivered
a fantastic learning experience and the concurrent research
programme has uncovered fascinating insights into strategy
formation in ambitious small firms.
Considering the field of radical innovation, Hannah Noke
and Paul Kirkham have created new executive education
programmes for schools, local councils and blue chip
companies. The culmination of this work has been the Invest
to Lead programme with Nottinghamshire Healthcare NHS
Trust where 400 leaders worked through ingenuity challenges
over six months, together with support from HGI, the Executive
Education team and the Centre for Health Innovation,
Leadership and Learning, developing 80 new innovation
projects to improve the service dramatically.
The fastest growing area of the Institute is the support
provided to aspiring undergraduate and postgraduate
entrepreneurs. The internationally recognised work of Chris
Mahon, Dan Edge, Tracey Hassall-Jones and Ann Vickers
has enabled a record number of students to realise their
entrepreneurial dreams in a safe and supportive environment.
Underpinning and coordinating this work and the many more
exciting projects in this report are the administration team
led by Catherine Thompson. Together with Sue Walker and
Maggie Rouse they are the unsung heroes of the Institute and
provide indispensable support.
I would like to add my personal thanks to the Haydn Green
Foundation for their generous endowment to help us to
develop and grow, and if you would like to work together with
the Institute as a speaker, mentor, researcher or sponsor then
please do not hesitate to get in touch.
Professor Simon Mosey
Director of the Haydn Green Institute for Innovation and
Entrepreneurship
Director’s summary Introduction
The Rt Hon Dr Vince Cable MP with Hardev
Singh and Professor Nathu Puri DL.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
• All 1,600 Business School first-year undergraduates in the
UK, China and Malaysia study entrepreneurship and radical
innovation thinking.
• Programmes and modules in entrepreneurship are open to
students across the University.
• We created one of the first MBAs in entrepreneurship in
2005.
Cross-disciplinary MSc courses
We offer seven unique cross-disciplinary MSc courses across
engineering, science and the arts to allow students to learn
entrepreneurship practice alongside their core postgraduate
degree subject.
These include:
• MSc Applied Biopharmaceutical Biotechnology and
Entrepreneurship
• MSc Communication and Entrepreneurship
• MSc Computer Science and Entrepreneurship
• MSc Crop Biotechnology and Entrepreneurship
• MSc Cultural Industries and Entrepreneurship
• MSc Electrical and Electronic Engineering and
Entrepreneurship
• MSc Sustainable Energy and Entrepreneurship
Undergraduates at our UK campus:
• 700 Business School students and 30 engineering students
take the Entrepreneurship and Business module on average
every year.
• 30 scientists, 40 engineers and 20 business students
typically make up the cohort studying the Science,
Technology and Business module every year.
• 450 business students per year take the New Venture
Creation module.
The Ingenuity Process
Every student entering the Business School uses our Ingenuity
Process to invent a brand new concept.
A guide for clear thinking developed by the Institute, the
Ingenuity Process is a proven way of embedding pre-concept
innovation activities in our decision-making processes. This
requires a clear focus upon problem definition, discovering
multiple solutions and determining the most effective solution.
In practice, individuals and organisations tend to neglect these
critically important activities sometimes to their great cost
where sub-optimal default solutions are adopted as a shortcut.
The Ingenuity Process provides a rigorous framework to ensure
that the correct problem or root cause is considered, that wide
and diverse ranges of potential solutions are generated and
that the optimal solution is determined.
Innovation is promoted as a route to allow firms to get more
from less and to create competitive advantage. Radical
innovation over incremental innovation is encouraged.
We are developing an online version of the Ingenuity Process
to roll out to our students and external organisations.
“Doing a cross-disciplinary course
is beneficial because it opens you
up to opportunities that exist in
different places. There’s usually a
gap between the technology and
the business world and this course
bridges that gap.”
Sydney Lloyd Abbey
MSc Electrical and Electronic Engineering
and Entrepreneurship graduate, 2013
Entrepreneurship
education for all
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
PhD food science student Steve Jones
is an expert in the cultivation of quinoa
(a grain analogous to rice) and is
using that expertise to grow the crop
successfully in the UK. With the potential
to greatly reduce food miles compared
to imported rice and with significant
nutritional benefits he believes quinoa
has the potential to grow its market
share considerably over the next
few years.
Having field tested a number of varieties of the crop, Steve
now holds exclusive licences to grow the best adapted
varieties for the UK climate and intends to grow crops on
a commercial basis for the first time next year. Interest in
stocking his produce has already been seen from a number
of big players in the food and retail sector, including a
leading supermarket and a high-street food outlet famous
for the quality of its deli menu.
As winner of the 2013 Student Venture Challenge,
a competition aimed at finding and encouraging the
best business ideas from students at The University of
Nottingham, Steve has been able to develop the business
further with assistance from the competition prize fund.
Steve also represented the University in the prestigious
Santander Entrepreneurship Awards, reaching the final
stage among very tough opposition.
Case study:
Stephen Jones British Quinoa Company
Entrepreneur and PhD student
Steve Jones with his crop of quinoa.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
DiagMole are Ammar Mussaji,
Thungdemo Ovung and Zhendong Li, a
team of MSc Crop Biotechnology and
Entrepreneurship graduates. They are
staying on in Nottingham to progress
their mobile diagnostic service for
pathogen detection, an idea which they
developed for their masters dissertation.
Their method can be used to detect foodborne disease,
which is a high priority in the food industry as the UK alone
records 500 deaths per year due to preventable foodborne
diseases. DiagMole can now test for and diagnose these
diseases from the food source before products reach
consumers or supermarkets, thus preventing any more food-
related disease outbreaks.
Why mobile testing for diseases?
The testing procedure that DiagMole uses has historically
been carried out in the laboratory. The team have developed
mobile testing kits that enable the process to be taken out
of the lab and into the field, a major time-saver for clients
that can produce results in around two hours, as opposed
to weeks.
How has the University helped the
entrepreneurial journey?
Firstly, DiagMole received crucial support from the
University’s EnterpriseLab and Careers and Employability
Service with their applications for Graduate Entrepreneur
Visas, without which they wouldn’t still be in the UK to
develop their idea. The University also facilitated DiagMole’s
relationship with valuable business connections.
While studying, the team found out about support available
for student entrepreneurs via guest speakers in their
lectures. As a result of this, DiagMole are currently part of
BioCity’s Next Business Generation accelerator programme
after the director delivered a guest lecture. They have
also received funding and mentoring via the Inspired in
Nottingham programme, which is delivered by the University
in partnership with Nottingham City Council. David Park,
Managing Director of Eminate Ltd, became their Inspired
mentor after referral by Dan Edge from the EnterpriseLab.
Commercialising the science
The team took part in the 2013 Biotechnology Young
Entrepreneurs Scheme (YES), an annual business plan
competition organised by the University which is designed
to raise awareness of commercialisation among researchers.
Although the team weren’t taking part as DiagMole and
the idea that they developed during YES was a different
one, they used the experience of pitching their YES idea to
develop their business skills and make useful contacts.
Ammar says that finding the MSc course at Nottingham
that combines science and business was his reason for
leaving the US, where he had previously studied for a BSc
in Microbiology, and coming to the UK, as this course is not
available anywhere else in the world.
Before enrolling on the cross-disciplinary MSc course,
Zhendong says he had no intention of going into business.
He applied for this course directly from a degree in crop
protection, as he wanted to gain some more scientific
knowledge as well as business skills. He says he found the
business modules really helpful, especially the lectures on
finance and innovation management.
Thungdemo initially researched doing an MBA after studying
an MSc in Industrial Biotechnology, but found this would
only teach him how to execute business, which wasn’t
what he was looking for. Thungdemo discovered the cross-
disciplinary MSc course and was delighted to find that it
taught how to start a business from scratch and run it.
DiagMole say that their diverse backgrounds in terms
of culture, degrees and teamwork experience of nearly
two years make them a strong partnership. All three are
international students from Tanzania, China and India. They
all have different scientific strengths and work on their
specialist areas within DiagMole.
DiagMole are committed to staying in the UK and the next
step is to have an office in the EnterpriseLab where, as
graduates of the University, they can access the practical
support on offer such as free business advice surgeries,
use of the hot desks and office facilities and use of the
Innovation Park business address.
Case study:
DiagMole
The DiagMole team at work
in the Plant Sciences lab.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
MBA Entrepreneurship alumni Mark
Christian and Kirstie MacDonald came
up with the idea for the unique and
innovative ‘Laughing Matters’ project
during the Social Entrepreneurship module
on their MBA programme. The module
introduces students to the rapidly growing
phenomena of social enterprise and
social entrepreneurship, requiring them
to imagine and develop business ideas
that address real social or environmental
problems.
Mark and Kirstie wrote the core business plan for the Laughing
Matters enterprise as part of the assessment for the module,
and pitched the idea to a social investment panel at the end.
Laughing Matters (www.laughingmatters.org.uk) provides
free comedy-based courses for individuals with past
addiction problems and mental health issues. The aims of the
course are to help improve confidence, self-expression and
communication, all in a safe and supportive environment.
Participants gain insights into areas such as writing, idea
generation, and stage presence. At the end of the course
they have the chance to perform their own material in front
of an invited audience. This leaves course members with a
feeling of pride and accomplishment that can positively impact
other areas of their lives such as entering or re-entering the
workplace, further education or with personal relationships.
Laughing Matters alumni then have the opportunity to become
course mentors to help new participants, further aiding their
recovery and confidence.
More than 50 individuals have already benefited from attending
one of the courses and feedback has shown that participation
helps people in their recovery process by providing a challenge
that is different from anything they have previously experienced.
This increases their belief in what they are actually capable of
achieving and provides an outlet for potentially negative energy.
From a societal perspective, attendance leads to greater
engagement with support services from individuals who may
not otherwise do so, leading to lower financial and social costs,
more positive and cohesive family and social relationships and
more productive and positive members of society.
To ensure the courses are free, a Laughing Matters Showcase
was held in September 2013 which featured Harry Hill,
Tony Law and Paul Foot among a whole host of other great
comedians who gave their time for free to support the project.
A second fundraiser was held in Leicester in February 2014
which included Never Mind the Buzzcock’s Phill Jupitus. The
enterprise has gained the support of the wider comedy industry
with Jonny Vegas, Ardal O’Hanlon and John Bishop all being
quoted on how they like the concept and will support it in
future. Further fundraisers are planned for 2014 with the cream
of the UK comedy circuit taking part.
Laughing Matters has been featured on radio (The Today
Programme, BBC Radio Nottingham and Leicester) in
newspapers including The Independent, The Observer and
The Times, and on the BBC News and The Guardian websites.
Laughing Matters was also nominated for a community
achievement award at the Leicester Comedy Festival 2014
and chosen after a highly competitive process to be part
of the Social Incubator North Fund. This is a Government
initiative that offers loan investment and business support to
social businesses that are deemed to be innovative and have
the potential to benefit areas of society. Laughing Matters
also won the ‘Student Enterprise’ award at The University of
Nottingham’s inaugural Knowledge Exchange and Innovation
Awards 2014.
The future aim of Laughing Matters is to cement its place as an
alternative aftercare service, giving individuals the opportunity
to participate in something totally unique which in turn can
impact positively on their lives. Mark and Kirstie hope to extend
Laughing Matters nationwide to ensure that as many people
as possible get the opportunity to take part and experience
the benefits comedy and performing can bring to their lives.
Initial plans have already started on developing new courses for
young people leaving care, returning service personnel and for
team building in companies.
Laughing Matters provides free comedy-based courses
for individuals with past addiction problems and mental
health issues. The aims of the course are to help improve
confidence, self-expression and communication, all in a safe
and supportive environment.
Case study:
Laughing Matters
Mark Christian receiving the Student Enterprise
Award for his innovative project Laughing Matters.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
The Institute regularly engages with businesses on a local,
national and international level through a number of initiatives
and programmes. We offer a range of services to businesses
from executive education through to SME surveys and
business networking. We also invite businesses to interact with
our students whether as a mentor or as a guest speaker at one
of our lectures or events.
• The UK Business and UK Business Adviser Barometers are
online surveys set up by the Institute to gather the views of
SMEs and business advisers.
• Our cutting-edge research is being translated into
improvements in business practice.
Partnering students with businesses
• Our MSc Entrepreneurship students spend several weeks
working in teams on a live consultancy project for a local
business.
• The Inspired in Nottingham programme matches the needs
of young entrepreneurs with successful local businesses
that have the appropriate skills or experience to add real
value to the student’s early stage idea.
Executive Education
Our Executive Education programmes focus on areas such
as leadership, creativity and innovation, sustainability and
the vital corporate issue of intrapreneurship. Participants on
our Executive Education programmes are able to pursue all
aspects of innovation in the same learning environment that
has been developed for staff and students.
Past programmes include:
• The EMDA funded High Growth Support programme,
delivered to 100 SMEs, designed to help CEOs and
directors of existing high growth companies to sustain and
develop their competitive edge.
• The Growth Readiness programme aimed at CEOs and
senior managers delivered in conjunction with Pera Training
to 150 SMEs.
• The EMDA funded Ingenuity Programme, delivered to 200
SMEs in collaboration with Nottingham Trent University and
The University of Derby.
• The Specialist Leader Development Programme delivered
in conjunction with Nottingham City Council, targeted at
business professionals responsible for the knowledge and
thought leadership in their areas.
• The Growth 100 programme, designed to give 100
Nottingham-based owners and directors the knowledge and
skills to help them expand their businesses.
“I’d definitely recommend the
Growth 100 programme to other
small/medium businesses. What
sets this programme apart from
others on offer is its impartiality.
Because it’s run by Nottingham
City Council and The University of
Nottingham, I know I’m not about
to be hit with a sales pitch.”
Ian Grewcock
My Jobs Place
Business
engagement
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Nottingham University Business School
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
In partnership with two co-directors, Ian Grewcock
launched the innovative coaching and recruitment
solutions company My Jobs Place in 2011 after identifying
a gap in the recruitment market. Ian and his co-directors
developed the technology around an interface for
employers and candidates to engage with each other and
devised a unique subscription model for employers.
Ambition to be unique and to grow
The My Jobs Place business plan for growth is centered
around the goal to be specialists in a number of key
recruitment niches, using their core technology to achieve this.
Ian says that the business ambition has always been to grow
rapidly and he felt that some support and validation of his ideas
on how to achieve this growth would be highly beneficial.
Applying for Growth 100
The life of a small business owner can often be very lonely,
and Ian says that the Growth 100 programme appealed to him
because “no matter how good you are at business, third party
confirmation that you are doing the right thing is always helpful.
There have been times when I’ve doubted what I’ve been doing
and wished I had a support network to tell me that I am on
the right track with my growth ideas and if I’m not on the right
track, to give me some idea of where to go next. It’s reassuring
to hear from other businesses who are going through similar
issues to that of mine. The opportunity to network with other
local businesses is also proving valuable.”
How Growth 100 is helping
The programme has helped Ian to define clearly his plans for
growth and reconsider options for the business that he had
previously doubted. “The Growth 100 workshops provide
scheduled time to analyse the business strategy. It’s easy
to become so engrossed in the day-to-day that you don’t
dedicate enough time to looking at longer term plans. I have
been able to get a helicopter view of my business and immerse
myself in the detail of building a strategic plan for growth in
each session.”
Developing personal skills
Growth 100 also aims to develop the business and managerial
skills of the owner/directors, something which Ian feels is
certainly worthwhile: “When your business is small and you
only have two or three managers, there can be gaps in your
management skill set. The session we spent defining our
management style was really enlightening for me. As a small
business owner with a lot invested in the company, it’s all too
easy to make emotional decisions when it comes to managing
staff. The personalised approach of this workshop enabled me
to look at how I manage my team and identify what I need to
improve on.”
Would Ian recommend Growth 100?
“I’d definitely recommend the Growth 100 programme to
other small/medium businesses. What sets this programme
apart from others on offer is its impartiality. Because it’s run
by Nottingham City Council and The University of Nottingham,
I know I’m not about to be hit with a sales pitch. The aim is
simply to help businesses like mine to grow which in turn has a
positive effect on the local economy.”
Growth 100 case study:
Ian Grewcock My Jobs Place
Growth 100 case study:
Nathan Corden and David Cini
Central High Rise
Founded in 1984 by Nathan Corden’s step-father Keith,
Central High Rise began life as a traditional steeplejack
company. Today, Central High Rise has developed and
diversified its service offering to become a modern
industrial climbing business and their multi-disciplined
services now include lightning protection, heritage and
conservation work, and wind turbine maintenance.
Why Growth 100?
Nathan and co-director Ian are now taking over the running of
the business from Keith and this change of role was one of the
reasons why Nathan applied for Growth 100.
Nathan says: “I was looking for some training that could
develop my business skills. Coming from working on the tools,
I need help to move over to the management side of things.
When I was looking for some training, it was important that it
wouldn’t require me to take too much time out of work. Growth
100 was a perfect fit.”
David Cini is moving up the ranks to a management role
and felt he could also benefit from business training: “I was
looking to learn more about management, especially the HR
and recruitment aspects of the business. Recruiting the wrong
person can be very costly for a small business like ours and
also affects the service we offer our clients. I’m hoping this
programme will arm me with the knowledge to make the right
decisions. The programme is already helping me to understand
our staff better and I’m looking forward to implementing the
practical things we have learnt, for example the Career Anchors
for staff. I think this will help us to develop our workforce more
effectively.”
Trying new ventures
A new undertaking for the business is carrying out marketing
and sales campaigns and the lessons learnt in the Growth
100 workshops have backed up this activity. Nathan explains:
“We’ve never really undertaken structured marketing or made
sales calls before as we were lucky enough to survive on
reputation alone. We knew we needed to do more to promote
the business and the Growth 100 programme helped to
build our confidence that we are doing the right thing. Like
many established businesses, in the past we’ve felt wary of
trying new ventures as we often expected them to fail. The
programme is giving us the assurance to keep the momentum
going.”
Would Nathan and David recommend
Growth 100?
David says: “Yes. It’s a win-win situation as it’s a free course
and helps you on both a business and personal level. The
workshops push you to analyse yourself and this is helping
us to learn something new in every session. It’s easy to stay
in your comfort zone but both of us have enjoyed being
encouraged to try things we wouldn’t previously have thought
of or considered.”
Nathan is also seeing the value: “Another good thing about this
course is the written materials that we take away after each
session. After a busy workshop I need time to let things sink
in and it’s been really good for me to be able to go back over
what we’ve learnt. I can see us referring back to the workshop
handouts months down the line.”
David Cini and Nathan Corden, Central High Rise.
Ian Grewcock, co-director of My Jobs Place.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
The Institute strives to cultivate creative and innovative
approaches and environments in which breakthrough
technologies can flourish. This is achieved via our teaching
and a range of extracurricular programmes and strategic
partnerships with organisations such as the Royal Academy of
Engineering and the Royal Society of Chemistry.
Our Science, Technology and Business module aims to give
students an understanding of the process of commercialising
science and technology-based innovations.
Young Entrepreneurs Scheme
The Young Entrepreneurs Scheme (YES) is a family of
business plan competitions giving early career researchers
the entrepreneurial skills to understand the requirements for
commercialisation of science and technology.
4,358 early career researchers have taken part in the
various Young Entrepreneurs Schemes since 1997.
Nutec Ltd
Nutec won the 2013 Biotechnology YES competition with their
concept for a diet aid that acts to reduce the uptake of dietary
sugar into the bloodstream. Kelly Ward from the team has
since gone on to present Nutec’s business idea at the 2014
Rice Business Plan competition in Houston, Texas.
Capture Company
The Environment YES winners 2012 developed a calcium
based filter to collect carbon dioxide and turn harmful gas into
a reusable solid for the aggregate industry (calcium carbonate).
Seedball
Scientists Anna Evely and Emily Lambert took part in
Environment YES in 2010. The experience gave them the
knowledge and confidence to launch their business idea. Seed
balls are a mini-ecosystem of wildflower seeds mixed with clay,
peat-free compost and chilli powder. The dried clay protects
the seeds from predators and allows them to germinate once
enough rain has soaked through the clay.
Commercialisation of
ideas and research
The Institute strives to cultivate
creative and innovative approaches
and environments in which
breakthrough technologies
can flourish. More than 4,000
early career researchers have
taken part in the various Young
Entrepreneurs Schemes
since 1997.
Thank you to the following YES co-organisers:
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
The Institute offers support through its EnterpriseLab for
students wanting to explore and develop their business
ideas. EnterpriseLab members gain access to business
mentors and free advice surgeries relating to finance,
marketing, sales, intellectual property and legal issues.
Examples of companies supported by the EnterpriseLab
include Call for Participants and Collwright Engineering.
Call for Participants took part in the Digital Economy Young
Entrepreneurs Scheme competition in 2012, developing their
idea which provides researchers with access to participants for
their studies. Find out more at www.callforparticipants.com
Engineering students Ollie Wainwright and Matt Dawson are
already leveraging skills developed while studying for their
degree by setting up their company Collwright Engineering
Services. The company offers a range of engineering
outsourcing services including 2D and 3D design, prototyping
and engineering simulation. Despite having traded for a
relatively short time they have already secured their first clients
and hope to be in a position to run the company full time by
the time they graduate. The pair successfully applied to the
University’s Ingenuity Plus grant scheme which provided
business model development training as well as funding
to cover the cost of a high-spec CAD workstation for the
business. Find out more at www.collwright.com
The EnterpriseLab facilities are also available to our graduates
after they leave the University.
• An average of 200 new members join the EnterpriseLab
each academic year.
• 14 limited companies have been formed by EnterpriseLab
members in the last year.
The EnterpriseLab offers graduates support with applying
for the Graduate Entrepreneur visa. The Tier 1 (Graduate
Entrepreneur) visa category is designed to allow (non-EU)
graduates to extend their stay in the UK after graduation if they
have been identified by UK higher education institutions as
having developed innovative ideas and entrepreneurial skills.
In order to apply for the visa students must receive
endorsement from the University confirming that they are
working on a suitable idea and will need to provide evidence
that they are developing a viable business idea by submitting a
business plan and presenting their idea to University staff.
Last year the EnterpriseLab supported nine graduates from
India, China, Thailand, Malaysia, Nigeria, Kenya and Tanzania,
including the team members from DiagMole, and others with
ideas ranging from food retail and business consultancy to an
idea for an insulated plastic bottle for keeping drinks cool.
EnterpriseLab Student Venture Challenge
The annual Student Venture Challenge offers £20,000
worth of business support and funding to help students
develop their business ideas further.
Product Design and Manufacture student Tom Parker took first
prize in the 2014 challenge with his proposal for an eSteady
GoPro camera rig. The product enables anyone to create high-
production value footage across a variety of applications by
stabilising motion.
Second place was taken by Economics with Chinese Studies
student Oliver English and Management Studies student Myles
McCarthy with their business, Sko Espial. Their product is the
world’s first fully customisable snowboard that allows the user
to change the graphics on their board using a mobile app. A
team of Mechanical Engineering students took third place.
David Alatorre, Thomas Dryden, Thomas Shorten and Peter
Storey presented their pitch for their Freefall Camera, the
world’s first autonomous freefalling camera robot. The device
will enable skydivers to be filmed at any time they choose
instead of being bound by camera flyer availability.
The winning teams received a share of £20,000 courtesy
of Santander, the University’s Careers and Employability
Service and the Higher Education Innovation Fund as well
as professional advice from sponsors Haines Watts and
Marketest and support from staff at the centre.
Thank you to our sponsors Haines Watts, Marketest,
Santander Universities UK and University of Nottingham
Innovation Park and thank you to Nottingham Entrepreneurs for
their ongoing support.
In their formative years the Skeleton Productions founding
team of Jonathan English, James Bryant and Mark Delamere
experimented with a number of business ideas targeting the
market they knew best, students and graduates. These early
ideas included nightclub promotions, organising reunion
parties for Nottingham graduates who had moved to London
and a student sports TV channel. Although reasonably
successful for a time, the team quickly recognised that
there was more potential to grow a sustainable business by
reaching outside of the university bubble.
It wasn’t until they turned away from the student market and
instead focused their efforts upon building a video production
company that they really struck gold.
Setting them apart from some of their more parochial rivals,
a key strand of Skeleton’s strategy from the outset has been
to work with clients nationally rather than focusing solely on
the local market. To facilitate this they set about creating their
very own nationwide network of film-makers and a proprietary
software platform to manage their extended team. This has
enabled the company to compete effectively with bigger
agencies without relocating to London.
Now with a team the equivalent of 15 full-time staff and
renting space in the University’s prestigious Sir Colin
Campbell Building, the business has gone from strength-
to-strength and counts many high profile companies as
clients. These include Lloyds TSB, Experian, AstraZeneca,
and Cambridge University as well as countless smaller
businesses.
Regular contributors to EnterpriseLab and Business School
events for enterprising students ensure that the founders
maintain a close contact with the University. Jonathan
English has recently graduated from the University’s Growth
100 programme and Skeleton Productions were awarded
the Alumni Enterprise award at the University’s inaugural
Innovation Awards in 2014. Jonathan has also been elected
as President of Nottingham City Business Club for 2014/15
and is Vice Chair of the Invest in Nottingham Club.
www.skeletonproductions.com
Case study: Skeleton Productions
Student Venture Challenge winners 2014.
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
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Nottingham University Business School
Impact Report 2014 – Haydn Green Institute for Innovation and Entrepreneurship
2000
Institute for Enterprise and Innovation
founded with £2.6m from OST
MSc in Entrepreneurship, Science and
Technology launched
2001
EnterpriseLab for student entrepreneurs
opened
2002
East Midlands Science Enterprise Network
founded with £2.8m
2003
Enterprise Alliance created providing SME
training and graduate employment in SMEs
2004
Excelnet launched providing SME skills
development across region
2005
Gained Centre for Excellence in Teaching
and Learning award of £2m
Launched MBA Entrepreneurship
Environment Young Entrepreneurs
Scheme created for postgraduate
researchers
2006
MSc in Computer Science and
Entrepreneurship launched
2007
MSc in Sustainable Energy and
Entrepreneurship created
2008
Ingenuity programme offering
skills development to SMEs across
Nottinghamshire and Derbyshire
First ever recipient of the Times Higher
Entrepreneurial University of the Year
Award
2009
High Growth programme providing
leadership training for fast growing SMEs
2010
Growth Readiness programme offering
management development to local SMEs
2011
Five new cross-disciplinary MScs in
Entrepreneurship launched
2012
Digital Economy and Biomedical Young
Entrepreneurs Schemes created for
postgraduate researchers
2013
Energy Young Entrepreneurs Scheme
created for postgraduate researchers
Haydn Green Foundation donates £1.5m
to the Institute
Growth 100 programme launched
providing leadership training to SMEs
2014
Awarded Small Business Charter Award
The University becomes one of the first
University Enterprise Zones in the UK
Key dates
Professor Martin Binks
Chair of HGI, Professor of Entrepreneurial Development
Dean of Nottingham University Business School
Professor Simon Mosey
Director of HGI, Professor of Entrepreneurship and Innovation
Nick Barker
BS Graduate Teaching Assistant (Entrepreneurship and
Innovation)
Rob Carroll
Honorary Professor in Venture Capital and Private Equity
Kelly Cookson
Communications Officer
Angela Dy
Teaching Associate in Entrepreneurship
Dan Edge
EnterpriseLab Coordinator
David Falzani
Visiting Professor in Sustainable Wealth Creation
Dr Andrew Greenman
Lecturer in Entrepreneurship and Small Business
Deputy Director of Doctoral Programmes
Doctoral Admissions Tutor
Tracey Hassall-Jones
Young Entrepreneurs Schemes
Jeannie Holstein
Lecturer in Public Sector Management
Paul Kirkham
Researcher in the field of entrepreneurial creativity
Chris Mahon
Lecturer in Entrepreneurship,
MBA Admissions Tutor for the Entrepreneurship Programme
Director of MBA in Entrepreneurship
Professor Susan Marlow
Professor of Entrepreneurship
Dr Lee Martin
Lecturer in Entrepreneurship and Creativity
Director of MSc in Entrepreneurship
Dr Hannah Noke
Associate Professor in Entrepreneurship and Innovation
Director of MSc Cross-disciplinary Entrepreneurship
Programme, Staff Development Officer
Dr Isobel O’Neil
Lecturer in Entrepreneurship and Innovation, PWC Admissions
Tutor, Head of Undergraduate Admissions (Home/EU)
Maggie Rouse
EnterpriseLab Secretary
Dr Janine Swail
Lecturer in Entrepreneurship and Innovation
Catherine Thompson
Secretary to the Director
Ann Vickers
Industrial Fellow, Business and EnterpriseLab Consultant
Sue Walker
Curriculum Support Secretary
Contact us
Haydn Green Institute for Innovation and Entrepreneurship
Nottingham University Business School
Jubilee Campus
Wollaton Road
Nottingham
NG8 1BB
t: +44(0)115 951 5273
e: [email protected]
w: www.nottingham.ac.uk/enterprise
@IngenuityOnline
IngenuityOnlinehttp://tiny.cc/LinkHGI
Meet the team
The University of Nottingham has made every effort to ensure that the information in this report was accurate when published.
Please note, however, that the nature of the content means that it is subject to change from time to time, and you should
therefore consider the information to be guiding rather than definitive. Printed August 2014.
© The University of Nottingham 2014. All rights reserved.
To request this publication in an
alternative format, please contact us:
t: +44 (0)115 951 4591
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