Impact for scaleups
Businesses now exporting
Launched in 2012, the British Library’s Innovating for Growth has secured further funding to deliver its three-month programme until June 2022. The ERDF funding means another 200 scaling businesses will benefit from the programme delivered one to one and via expert workshops.
The programme has been designed and is delivered by the British Library Business & Intellectual Property Centre (BIPC) and private sector partners, building on BIPC’s 13-year track record in supporting entrepreneurs to start and grow successful businesses. It helps owners of businesses trading for more than a year, turning over at least £100k and with aspirations to scale up their business through innovation. They are offered six modules delivered on a one-to-one and workshop basis.
Each owner is paired with a Relationship Manager who oversees the participants’ engagement, acts as a counsellor and refers them to relevant services. After completing the programme, business owners take part in regular reviews to track progress and measure outcomes, as well as becoming members of the ‘Growth Club’, with its events, peer-to-peer learning and networking opportunities.
Alumni also have the opportunity to develop their leadership and public speaking skills through featuring in panels and taking part in the mentoring programme to share their experience and knowledge with the next generation of entrepreneurs. Since 2016 BIPC has also worked with 60 scale-up funders to mentor early-stage growth businesses, some of which have gone on to take part in Innovating for Growth.
BIPC now has an alumni network of over 500 scaling businesses.