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Supporting growth, enhancing competitiveness:
Emerging support models for creative entrepreneurs



      Gillian Easson, Development Manager, NESTA
Based in Dundee, Scotland

         The Perception !   The Reality !
About NESTA…

Founded: 1998, with £300M endowment
Mission: Bring ideas to life and help make innovation happen
How? Through policy research, programmes and investment

NESTA’s 3 main areas of work:

 Innovation and Economic
  Growth

 Social and Public Sector
  Innovation

 Creative Economy
Creative Industries: Important, fast growing and innovative
Focus of today

NESTA’s models of support:

     Creative entrepreneur programmes/resources

     Mentoring for creative business start-up and growth

     Skills for creative industries

     Support for cultural organisations to innovate
Challenges affecting creative start-up businesses
Specialist support for creative entrepreneurs

 NESTA has run programmes which have support hundreds of
 creative entrepreneurs to set up sustainable enterprises, which:

  Develop business skills and confidence of new creative
   entrepreneurs

  Facilitate interdisciplinary collaboration through peer
   networks

  Address gaps in start-up support market and enhance current
   enterprise provisions on offer
Addressing creative business start-up challenges

Starter for 6: A NESTA designed pilot programme in Scotland
running 2007–2009, which provided 210 early stage science,
technology and creative entrepreneurs with:

   4 days of group training run in 5 cities
   Peer mentoring
   Potential of grants up to £10,000 (84 grant awards made)
   Business aftercare support
An accelerator programme


Programme features:
Group workshop content:    Tools to test and help build the
creative modelling tools   business case
Specialist expertise and   Help to overcome barriers in particular
advice                     areas
Peer networks              Someone to share experiences / like-
                           minded people
Coaching and mentoring     Help to sustain the momentum /
                           critical friends
Seed funding               Something to work with / accelerate
                           speed to market
Business sectors of S46 participants (2007-09)




                                                      Inverness
                                                                    Aberdeen

                                                                  Dundee


                                                             Edinburgh
                                                  Glasgow




            Business Sector                      Scotland - cities
Case Studies of creative entrepreneurs




Hubdub
Premium skill games for sports fans
www.hubdub.com
Case Studies of creative entrepreneurs




Bebaroque
Designer hosiery
www.bebaroque.com
Examples of the workshop content



   Enhance     Replace




    Revive     Flip into


      Evidence modelling              Blueprint modelling

 Framework tools to help build, shape, define, explain and
  communicate the business idea.

 These creative practical planning tools are used successfully by
  creative entrepreneurs to build their business case.
Start-up programme results

2007 - 2009: Pilot programme - devised, funded and managed by NESTA
in partnership with many Scottish agencies

2009: Programme gets a £1 million backing from Creative Scotland’s
Innovation Fund to offer an extended service, delivered by Cultural
Enterprise Office (CEO).

2010 – present: New S46 programme strands added by CEO including
‘Fast track’ and ‘S46 Network’.

2011: Longitudinal study of programme completed.




       www.culturalenterpriseoffice.co.uk/starterfor6
Programme benefits for creative entrepreneurs




Word cloud showing responses to the question ‘With hindsight what was the
most useful part of the Starter for 6 programme?’ (SQW report, 2011)
Economic and confidence level impacts

      S46 gives return of £2.16 GVA for every £1 invested

      15+ gone on to ‘high growth pipeline’ – Scottish Enterprise

      S46 is seen as a bench mark of success for other funders, investors.
Full impacts arising from Starter for 6



                                                        Improved business and
                                                        economic performance



                                                    Developed business idea




                                                Networks and collaborations



                                     Improved knowledge and skills



                 Increased confidence in participants
NESTA Creative Enterprise Toolkit


 Encapsulates NESTA’s tried and tested
  approaches

 Specifically tailored for creative
  business start-ups and those who
  support them

 Flexible tools engage participants at
  an individual level to explore personal
  values and motivations

www.nesta.org.uk/enterprise-toolkit

                                       This work is licensed under a Creative Commons Attribution Non-commercial Share
                                       Alike (3.0 Unported). Uses are thus permitted without any further permission from
                                       the copyright owner. Permissions beyond the scope of this license are administered
                                       by NESTA.
Arrivals and destinations                                  01   Getting off the ground                                          02

 Who this guide is for and how it can help                      Business Facts
                                                                 Do you have a good idea or a good business idea?
 Why it’s different from other business guides
                                                                 Intellectual Property
 What to expect to get out of the process                       How to identify, protect and exploit IP

 What kind of company to set up                                                       Values
                                                                                       Identify your values and summarise
 Links to useful organisations                                                        the impacts you want

 Case studies                                                                         Evidence Modelling
                                                                                       Illustrate what success will look like



  Customers                                                                             Marketing Mix and Plan
  Determine who is buying your                                                          How to apply this mix to your
  product and why                                                                       business needs. The main elements
                                                                                        you need to consider when planning
  Your business process                                                                 marketing activities
  The different elements that make up your business

  Relationships                                                  Financial Modelling
  The different associations you have to recognise and           Including the vital role of cash flow to ensure your
  develop to ensure your product or service reaches your         business makes enough money to continue trading in the
  customers                                                      way you desire



Choosing your path                                         03   In it for the long haul                                         04
Suite of open-source products for both creatives and supporters




 Creative enterprise                                                                    Train trainer
                          Case studies          Worksheets         Tutors notes
       toolkit                                                                           workshops




  Peer mentoring       creativesupporters.                        Fashion start-up
                                             Video case studies                      Trainer PowerPoint
       guide                  org.uk                                   guide
CE Toolkit is being used nationally and internationally




                     Lebanon
Wales                                            China
Peer Mentoring to support creative start-ups


                            Peer mentoring involves near peers with
• Peer mentoring            one or two years more business
                            experience than their mentees.

                            NESTA’s Peer Mentoring guide contains:

                             On overview of the programme
                              structure
                             Practical points and case studies for
                              those considering setting up a peer
                              mentoring scheme
                             The impacts for both the mentors and
                              mentees

                               www.nesta.org.uk/enterprise-toolkit
NESTA Mentoring for business growth




   Video Games Mentoring:       Creative Business Mentor
   Playing the Game guide                Network
Creative industries skills agenda




Hyper Island and Next Gen: the right skills for a high-tech sector
Supporting cultural/arts organisations to innovate

Enabling arts and cultural organisations to engage audiences in new ways
and create opportunities for new business models, through the use of digital
technology.


            Arts               Technology              Research
        organisation             partner                team




                           Digital R&D Fund



     Digital innovation projects and sector-wide knowledge
Conclusions


In NESTA’s experience we believe that creative entrepreneurs
thrive when given the right conditions, which include:

- Tailored skills development and confidence building
- Networks and support
- The opportunity to gain seed funding

We look forward to working with international partners to
share learning from our creative entrepreneurship
programmes.
Thank You!

                     Gillian Easson
                Development Manager
             gillian.easson@nesta.org.uk
                     @GillianEasson

                 www.nesta.org.uk

       www.nesta.org.uk/enterprise-toolkit

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Gillian Easson for 2nd Russian-British Creative Economy forum

  • 1. Supporting growth, enhancing competitiveness: Emerging support models for creative entrepreneurs Gillian Easson, Development Manager, NESTA
  • 2. Based in Dundee, Scotland The Perception ! The Reality !
  • 3. About NESTA… Founded: 1998, with £300M endowment Mission: Bring ideas to life and help make innovation happen How? Through policy research, programmes and investment NESTA’s 3 main areas of work:  Innovation and Economic Growth  Social and Public Sector Innovation  Creative Economy
  • 4. Creative Industries: Important, fast growing and innovative
  • 5. Focus of today NESTA’s models of support:  Creative entrepreneur programmes/resources  Mentoring for creative business start-up and growth  Skills for creative industries  Support for cultural organisations to innovate
  • 6. Challenges affecting creative start-up businesses
  • 7. Specialist support for creative entrepreneurs NESTA has run programmes which have support hundreds of creative entrepreneurs to set up sustainable enterprises, which:  Develop business skills and confidence of new creative entrepreneurs  Facilitate interdisciplinary collaboration through peer networks  Address gaps in start-up support market and enhance current enterprise provisions on offer
  • 8. Addressing creative business start-up challenges Starter for 6: A NESTA designed pilot programme in Scotland running 2007–2009, which provided 210 early stage science, technology and creative entrepreneurs with:  4 days of group training run in 5 cities  Peer mentoring  Potential of grants up to £10,000 (84 grant awards made)  Business aftercare support
  • 9. An accelerator programme Programme features: Group workshop content: Tools to test and help build the creative modelling tools business case Specialist expertise and Help to overcome barriers in particular advice areas Peer networks Someone to share experiences / like- minded people Coaching and mentoring Help to sustain the momentum / critical friends Seed funding Something to work with / accelerate speed to market
  • 10. Business sectors of S46 participants (2007-09) Inverness Aberdeen Dundee Edinburgh Glasgow Business Sector Scotland - cities
  • 11. Case Studies of creative entrepreneurs Hubdub Premium skill games for sports fans www.hubdub.com
  • 12. Case Studies of creative entrepreneurs Bebaroque Designer hosiery www.bebaroque.com
  • 13. Examples of the workshop content Enhance Replace Revive Flip into Evidence modelling Blueprint modelling  Framework tools to help build, shape, define, explain and communicate the business idea.  These creative practical planning tools are used successfully by creative entrepreneurs to build their business case.
  • 14. Start-up programme results 2007 - 2009: Pilot programme - devised, funded and managed by NESTA in partnership with many Scottish agencies 2009: Programme gets a £1 million backing from Creative Scotland’s Innovation Fund to offer an extended service, delivered by Cultural Enterprise Office (CEO). 2010 – present: New S46 programme strands added by CEO including ‘Fast track’ and ‘S46 Network’. 2011: Longitudinal study of programme completed. www.culturalenterpriseoffice.co.uk/starterfor6
  • 15. Programme benefits for creative entrepreneurs Word cloud showing responses to the question ‘With hindsight what was the most useful part of the Starter for 6 programme?’ (SQW report, 2011)
  • 16. Economic and confidence level impacts  S46 gives return of £2.16 GVA for every £1 invested  15+ gone on to ‘high growth pipeline’ – Scottish Enterprise  S46 is seen as a bench mark of success for other funders, investors.
  • 17. Full impacts arising from Starter for 6 Improved business and economic performance Developed business idea Networks and collaborations Improved knowledge and skills Increased confidence in participants
  • 18. NESTA Creative Enterprise Toolkit  Encapsulates NESTA’s tried and tested approaches  Specifically tailored for creative business start-ups and those who support them  Flexible tools engage participants at an individual level to explore personal values and motivations www.nesta.org.uk/enterprise-toolkit This work is licensed under a Creative Commons Attribution Non-commercial Share Alike (3.0 Unported). Uses are thus permitted without any further permission from the copyright owner. Permissions beyond the scope of this license are administered by NESTA.
  • 19. Arrivals and destinations 01 Getting off the ground 02  Who this guide is for and how it can help Business Facts Do you have a good idea or a good business idea?  Why it’s different from other business guides Intellectual Property  What to expect to get out of the process How to identify, protect and exploit IP  What kind of company to set up Values Identify your values and summarise  Links to useful organisations the impacts you want  Case studies Evidence Modelling Illustrate what success will look like Customers Marketing Mix and Plan Determine who is buying your How to apply this mix to your product and why business needs. The main elements you need to consider when planning Your business process marketing activities The different elements that make up your business Relationships Financial Modelling The different associations you have to recognise and Including the vital role of cash flow to ensure your develop to ensure your product or service reaches your business makes enough money to continue trading in the customers way you desire Choosing your path 03 In it for the long haul 04
  • 20. Suite of open-source products for both creatives and supporters Creative enterprise Train trainer Case studies Worksheets Tutors notes toolkit workshops Peer mentoring creativesupporters. Fashion start-up Video case studies Trainer PowerPoint guide org.uk guide
  • 21. CE Toolkit is being used nationally and internationally Lebanon Wales China
  • 22. Peer Mentoring to support creative start-ups Peer mentoring involves near peers with • Peer mentoring one or two years more business experience than their mentees. NESTA’s Peer Mentoring guide contains:  On overview of the programme structure  Practical points and case studies for those considering setting up a peer mentoring scheme  The impacts for both the mentors and mentees www.nesta.org.uk/enterprise-toolkit
  • 23. NESTA Mentoring for business growth Video Games Mentoring: Creative Business Mentor Playing the Game guide Network
  • 24. Creative industries skills agenda Hyper Island and Next Gen: the right skills for a high-tech sector
  • 25. Supporting cultural/arts organisations to innovate Enabling arts and cultural organisations to engage audiences in new ways and create opportunities for new business models, through the use of digital technology. Arts Technology Research organisation partner team Digital R&D Fund Digital innovation projects and sector-wide knowledge
  • 26. Conclusions In NESTA’s experience we believe that creative entrepreneurs thrive when given the right conditions, which include: - Tailored skills development and confidence building - Networks and support - The opportunity to gain seed funding We look forward to working with international partners to share learning from our creative entrepreneurship programmes.
  • 27. Thank You! Gillian Easson Development Manager gillian.easson@nesta.org.uk @GillianEasson www.nesta.org.uk www.nesta.org.uk/enterprise-toolkit