Nottingham Business School wins prestigious Small Business Charter Award

Nottingham Business School, at Nottingham Trent University, is celebrating after attaining the Small Business Charter Silver Award in recognition of the extensive role it has played in helping to create and develop British enterprise.

The recipients have all demonstrated exceptional dedication to improving links with, and supporting, small businesses in their local area.

Nottingham Business School, at Nottingham Trent University, is celebrating after attaining the Small Business Charter Silver Award in recognition of the extensive role it has played in helping to create and develop British enterprise.

Small Business Charter business schools have directly helped over 8,000 small businesses – working with them through workshops, mentoring and other business support. Over 800 new businesses have already been started as a result of working with Small Business Charter schools.

By receiving the award, Nottingham Business School has demonstrated exceptional dedication to helping improve links with, and support, the small business community. The award brings significant benefits. Nottingham Business School will have the ability to play an active role in schemes such as Growth Vouchers, Growth Accelerators and Start-Up Loans provided by the Government, meaning they can directly invest in new start-ups and entrepreneurs.

Nottingham Business School, which has an international reputation for being the business school for business, has been at the forefront of University business engagement for more than three decades, using a multi-disciplinary approach to solve real business problems. On an annual basis, Nottingham Business School works with 900-plus companies on an extensive range of business, management and leadership issues using tried and tested methods which benefit each business.

The Business School also leverages Nottingham Trent University's entire pool of expertise, from science to design, to combine world-class business and management practice to help companies large and small. An example of this is the university’s Future Factory project, which has helped over 500 small and medium sized businesses in the East Midlands to improve their green credentials through access to Nottingham Trent University's leading-edge resources.

Since 2001, The Hive, Nottingham Trent University's Centre for Entrepreneurship and Enterprise, has also helped in excess of 350 start-up companies, with almost 70% of those businesses still trading and prospering today.

Dean of Nottingham Business School and chair of the Association of Business Schools' National Advisory Board Network, Professor Baback Yazdani, said: "A good example of the scale of our support is last year's Thinkubator project, when 1,500 students and staff members spent an entire day helping 60 SMEs with their real business challenges. Every year we place more than 400 students in businesses as part of their course, and we also have more than 200 fully-sponsored students on our top (BA) Hons Business Management (in company) degree, which boasts a 100 percent employment record and is sponsored by a variety of blue chip companies. We also undertake 200 plus business consultancy projects each year."

Alison Smith, head of Executive Education and Corporate Relations at Nottingham Business School, added: "We provide a very extensive executive education portfolio on leadership and management development, helping companies of all sizes to develop their management expertise."

The Small Business Charter Award ceremony took place at 10 Downing Street. The awards were presented by Lord Young, an adviser to the Prime Minister on small business and enterprise and Sir Peter Bonfield, chair of The Small Business Charter Management Board and former chairman of BT.

The Small Business Charter originated following Lord Young's report 'Growing Your Business', which was aimed at bringing business schools, business and entrepreneurs closer together to deliver real change. Supported by the Association of Business Schools, Lord Young and the Department for Business, Innovation and Skills the Small Business Charter Awards offers a springboard to unlocking support and investment for students, start-ups and small businesses. The Charter also follows the Association of Business Schools' Innovation Taskforce report.

Congratulating the Small Business Charter award-winners for their trail-blazing work, Lord Young – an adviser to the Prime Minister on small business and enterprise, said: "The recipients of today's award have all demonstrated exceptional dedication to improving links with, and supporting, small businesses in their local area, already creating over 800 jobs. Our world-class universities and business schools are a key part of the UK economy – even more so as a result of this initiative. I hope that these awards will be the first of many and build on the outstanding work our business schools do to boost enterprise locally."

Rekha Mehr, interim Managing Director, Small Business Charter, said: "Micro-businesses make up 95% of UK businesses and play a crucial role in the structure of our economy. We need to further their growth and the Small Business Charter recognises UK business schools who are doing just that.

"Our accredited schools have made real impact in the last 18 months, directly supporting over 8,000 businesses, placing over 4,700 students on real business projects and helping students to start over 800 new businesses."

  • Notes for editors

    Press enquiries please contact Helen Breese, Media Relations Manager, on telephone +44 (0)115 848 8751, or via email.

    The 20 Business Schools being awarded the Small Business Charter are:

    • Aston University, Aston Business School
    • Coventry University, Coventry Business School
    • Edinburgh Napier Business School
    • Kingston University, Kingston Business School
    • Lancaster University Management School
    • Loughborough University School of Business and Economics
    • Manchester Metropolitan University Business
    • Nottingham Business School, Nottingham Trent University
    • Southampton Solent University, Faculty of Business, Sport & Enterprise
    • University College London, Department of Management Science and Innovation
    • University of Birmingham, Birmingham Business School
    • University of Leeds, Leeds University Business
    • University of Leicester School of Management
    • University of Liverpool Management School
    • University of Northampton Business School
    • University of Nottingham, Nottingham University Business School
    • University of Salford, Salford Business School
    • University of Strathclyde, Strathclyde Business School
    • University of the West of England, Bristol Business School
    • University of Wolverhampton Business School

    View more information about the SBC

    View more information about Lord Young’s report

    View more information about the Association of Business Schools' Innovation Taskforce

Nottingham Business School wins prestigious Small Business Charter Award

Published on 6 June 2014
  • Category: Business; The Hive; Nottingham Business School

Still need help?

+44 (0)115 941 8418