Downing Street success: Lord Young, the Prime Minister's enterprise adviser, Sir Peter Bonfield, chair of The Small Business Charter Management Board, with Jennie Shorley and Ian Gibbs from MMU
MANCHESTER Metropolitan University has been named as one of the leading business schools in the UK for helping small companies.
The University is celebrating after being awarded an inaugural Small Business Charter mark at a prestigious 10 Downing Street ceremony, in recognition of the role it has played in helping to kick-start British enterprise.
It is one of only 20 business schools across the country to receive the trailblazing award - backed by the Association of Business Schools – acknowledging it as a ‘centre of excellence’.
The Charter unlocks a host of benefits in MMU’s mission to drive the regional economy, including the ability to invest directly in start-ups and entrepreneurs through Government grants.
At the top
The awards were developed after Lord Young, the Prime Minister’s adviser on enterprise, released his report ‘Growing Your Business’ which was aimed at bringing business schools, businesses and enterprise closer together.
“This award puts us right up there with the top business schools as a centre of excellence for this crucial area of work,” Ian said.
“We’re very proud as we’ve worked hard to help small business. It’s a big deal and means we can carry on helping small businesses to establish, grow and thrive.”
MMU is a regional leader in providing specialised support for small businesses. As one of only four UK delivery partners for the Goldman Sachs 10,000 Small Businesses programme, MMU has worked with 181 of the most ambitious regional businesses.
Its Knowledge Action Network programme is also helping the region's small and medium-sized companies (SMEs) to achieve a step change in business performance.
And the participants are making a significant contribution to the local economy: a recent study of 85 SMEs showed they generated a collective turnover increase of £47million and 344 new jobs since engaging with MMU.
Lord Young said: “The recipients of the award have all demonstrated exceptional dedication to improving links with and supporting small businesses in their local area.
“Our world-class universities and business schools are a key part of the UK economy – even more so as a result of this initiative.”