1. The £1bn University Challenge A New Vision for Procurement Professor Nick Petford Vice Chancellor, The University of Northampton Northampton : Number 1 for Social Enterprise

2. Northampton : Why Social Enterprise? Transformation of UK public sector Large and growing – but lack of professionalism in many areas Non-party political Not degree subject specific – relevant to all students Differentiates Northampton A unique and high quality student experience T Shaped students – highly employable

3. Three core values Unique, high quality student experience : theoretical and practical competence Entrepreneurialism and enterprise Social inclusion and a fairer society

4. £1bn University Challenge Social enterprises struggle to become public sector suppliers UK universities procurement budget c £7bn p.a. Challenge = spend £1bn p.a. with social enterprises by 2015 Universities take the lead, set the example, a route into public sector contracts Social enterprise sector has incentive to grow Investors have incentive to invest in social enterprises

5. Being at the Centre of the Triangle Public Sector Social Enterprises £1bn University Challenge Investors

6. Delivering the Challenge Inspire2Enterprise and Bates Wells and Braithwaite programme for procurement managers Support from all key University groups – UUK, hefce Support from Social Enterprise UK Inspire2Enterprise record progress towards meeting the Challenge Joint research projects