1. Supporting and developing SME in UK Sandra Booth Pro Vice Chancellor University of Cumbria UK

2. International Cumbria Selamat Pagi Shang Wu Hao

3. Our Locations London

4. Our Locations – London

5. Value of regional infrastructure projects in England (excluding London) = £53bn Value of infrastructure projects in London = £36bn In Cumbria £23bn Context for regional development

6. Cumbria – Growth Carlisle Wigton Heysha m Sellafield Barrow Ulverston Skilled Labour Increase 300- 500 1000- 1500 2000- 3000? 7000

7. Cumbria is home to a number of large, multinational companies who are major employers, and whose impact spreads much wider through their supply chains. 22,000 SMEs………Family Businesses very important SMEs provide the backbone of the Cumbrian economy, with 99.7% of businesses employing fewer than 250 people. Cumbria is home to one University

8. One of Britain’s newest universities

9. Key Facts A teaching-led business- focussed university Around 1000 staff Around 10,000 students Over 93% of graduates in employment or further study 6 months after graduating Small Business Charter Small University- ‘SME’ Most enterprising!

10. Tourism and visitor economy – Lake District National Park Rural and Coastal-energy SCORE and BEC Forestry, food and farming Nuclear and advanced manufacturing Digital and creative Micro businesses The Local Economy

11. Entrepreneurial - 40 start- ups in last 2 years Diverse student community Great locations in and around the Lake District National Park with transport links to the rest of the UK Growth opportunities Worked with over 2000 SMEs Why Cumbria?

12. 20,000 new homes Additional economic output of £1.3bn per year 31,460 new full time jobs United Utilities pipeline £250m BAE Systems new activity £250m National Grid investments in North West Coast connections £1.3bn Walney Wind Farms £1.3bn Moorside Nuclear Power Station £16bn Tidal Power Lagoons £5bn GSK £350m £25.1bn new investments over the next decade Tourism 16.4 million visitors a year Cumbria is the second largest county in England and constitutes around 48% of the land mass of the north west. The county is home to 500,000 residents, with a workforce of 236,000 who are employed in 21,375 registered enterprises.

13. 4 priorities: Advanced manufacturing growth Nuclear and energy excellence Vibrant rural and visitor economy Strategic connectivity of the M6 corridor These priorities are underpinned by four economic drivers: Business support Skills development Infrastructure improvements Environmental sustainability

14. Build an enterprise culture on campus The establishment of a Small Business Charter and an award scheme to incentivise business schools to work alongside small business, both in an advisory capacity and through helping place students with small businesses

15. Government policy Growth and Productivity Role of public University Workshops and facilitation Good graduate employment prospects International Students Sustainability Thriving regional economies Supply chain resilience Skills Challenge SME support in Cumbria

16. SME support and development CURRENT Business start up Incubation facilities Graduate internships Knowledge exchange Project Management Skills and management development Entrepreneurship Education Facilities and equipment DEVELOPING Low Carbon Innovation Degree level Apprenticeships Collaborative and commissioned research Supply Chain Media agency POTENTIAL International collaboration

17. Vibrant Student City Our Locations – Carlisle - A University City Historic City on the border of England & Scotland Historic Border City

18. Our Courses Business, Accounting and Finance, Computing, Law, Criminology, Sport, Psychology, Social Science

19. Our Courses Fine Art, Creative Practice, Digital Arts, Film and TV Production, Graphic Design, Photography, Performing Arts, Mass Communications, Video Games Design, Event Management, English Literature

20. CBIC and the Rural Growth Hub brings together a selection of services offered to businesses by the University of Cumbria: EXPERTISE Access advice and support from University business and enterprise teams PARTNERSHIPS CBIC works with Cumbria Business Growth Hub to help develop the region's economy and drive the growth of new businessCumbria Business Growth Hub NETWORKING Meet owners of other businesses who have used CBIC as a springboard to launch their business venture. Freerange Industries EVENTS Improve your knowledge and develop new ideas and approaches by attending our regular events.regular events OFFICE SPACE Rent affordable and flexible office space at CBIC as you begin working on your new businessRent affordable and flexible office space FUNDING Get support to access funded support to move your business idea forward funded support

21. Our Location – Ambleside - A rural Campus

22. Our Courses Outdoor studies, Adventure & Media, Wildlife & Media, Forestry, Conservation Biology, Zoology, Biological Sciences, Chemistry. Science Natural Resources and Outdoor Studies International National Parks and Protected Areas Research Institute

23. Small firms and entrepreneurs are the lifeblood of the UK economy - boosting productivity, increasing competition and innovation, creating employment and prosperity, and revitalising communities. The promotion of entrepreneurship is important in creating a more competitive economy and more cohesive society. Research shows that economies with more entrepreneurial activity grow faster and create more wealth. Promote entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation of new firms, including through business incubators Support the creation and the extension of advanced capacities for products, services and development Support the capacity of Small and Medium Sized Enterprises to grow in regional, national and international markets and to engage in innovation processes Increase links with Universities

24. Summary Benefits of University support for SMEs Access to a talent pool of expertise Local knowledge and networks Collaboration partner Access to funded programmes of support Innovative and entrepreneurial Brings together Knowledge and Action

25. Sandra Booth University of Cumbria sandra.booth@cumbria.ac.uk T Thank you Teri-ma-ka-say Xie