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13 Jun 2014

School of Business and Economics awarded prestigious ‘Small Business Charter Award’

Small Business Charter logo

The School of Business and Economics (SBE) has been presented with a Small Business Charter (SBC) Award [Silver] at a celebration held at No. 10 Downing Street.

Julie Holland, Director of the Glendonbrook Centre for Enterprise Education and leader of the School’s bid, said:

“We are delighted with our award, which reflects the School’s commitment to the small business sector.  The award is very significant, as chartered status will allow us to access funds to help us grow our support for existing small and new business start-ups.  We are honoured to be one of the first business schools to be granted chartered status.”

The Charter is important for the School because:

  • It demonstrates excellence and deep engagement in enterprise;
  • It pinpoints destinations for start-up and business growth advice;
  • It anchors small business support with big infrastructure;
  • It provides a tangible window for students and businesses to engage.

The School of Business and Economics already has a fantastic record of supporting SMEs and business start-ups, including providing research consultancy to a wide range of organisations, engaging in SME and entrepreneurship-focused research and helping students to secure placements (often in SMEs and start-ups) for their third year.

As one of the first business schools in the UK to include a year-long salaried placement on all its business degree programmes, the SBE has an enviable track record of well-established partnerships with national organisations in both the private and public sectors.

Stuart Miller, a member of the Small Business Charter Management Board and co-founder of the successful former start-up company ByBox, said:

“Connecting the commercial creativity of Britain's entrepreneurs with the outstanding capabilities of our best business schools is an inspired combination. Loughborough is ideally placed to provide precisely the kind of support that entrepreneurs need, as reflected by the School of Business and Economics receiving this award. A proud day for Loughborough and an exciting time for UK entrepreneurs.”

The Small Business Charter works first by identifying and recognising those business schools that are best able to demonstrate their commitment to the small business sector, and then by making them more visible and accessible to both small businesses and students.

Award-winning schools collectively offer on-site incubators with dedicated space for students and small businesses to start up and grow, a dedicated Small Business Growth and Leadership programme driving real impact, and a strong full-time support network of alumni and local business experts to support both students and small businesses.