Business schools awarded for supporting small business growth

Several UK business schools have received Small Business Charter awards in recognition of their work to support small businesses, start-ups and their contribution to local economic growth. A number of business schools who already hold the award have also had their award upgraded.

As an outcome of rigorous assessment, Hertfordshire Business School; University of Stirling Management School; and the University of the West of Scotland School of Business and Enterprise have been given Small Business Charter awards.

In addition, there were upgrades for current Charter award holders Southampton Solent University, Faculty of Business, Sport & Enterprise (Silver Award); Kingston University, Kingston Business School (Silver Award) and the University of the West of England, Bristol Business School (Silver Award).

The Small Business Charter awards were established by the Chartered Association of Business Schools, Lord Young and the Department for Business, Innovation and Skills in order to connect SMEs with world class business school knowledge, facilities and networks. There are now 27 Charter awarded business schools across the UK who continue to help start-ups and small businesses.

Receiving a Small Business Charter Award provides numerous benefits to business schools including the ability to play an active role in national business support initiatives such as the Growth Voucher programme.

Ian McNaught, Executive Director of the Small Business Charter, said:

“The Small Business Charter management board is delighted with the latest awards and upgrades from across the country. Business schools are again showing their impact on SMEs through world class business expertise, programmes and advice. Each business school went through rigorous assessment to gain their awards and we are very pleased with the standards which have been demonstrated in this round of applications.

The 27 Charter awarded business schools continue to positively influence regional economic growth through engaging small businesses and supporting start-ups. They are key players in their local economies and they are rightly being recognised for that commitment.”

University business schools awarded with Small Business Charter awards have already directly helped over 8000 small businesses – working with them through a range of support including on-site incubators with dedicated space for students and small businesses to start up and grow; dedicated Small Business Growth & Leadership programmes; and strong full time support networks of alumni and local business experts supporting both students and small businesses. These business schools have helped 4,700 students to find work placements in Britain’s exciting micro-business and start-up sector.

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Notes to Editors

Small Business Charter

The Small Business Charter originated following Lord Young’s report ‘Growing Your Business’, which was aimed at bringing business schools, business and entrepreneurs closer together to deliver support for small businesses and drive local economic growth. Delivered in partnership with the Chartered Association of Business Schools, and with the support of Lord Young and the Department for Business, Innovation and Skills, the Small Business Charter Awards offers a springboard to unlocking support and investment for students, start-ups and small businesses.

For more information about the SBC: http://smallbusinesscharter.org

Chartered Association of Business Schools

The Chartered Association of Business Schools is the voice of the UK’s business and management education sector. We support our members to maintain world-class standards of teaching and research, and help shape policy and create opportunities through dialogue with business and government.

Our 150 members consist of 122 business schools and higher education providers, as well as affiliate stakeholders, corporate members and international partners. The UK’s business and management education sector represents 1 in 5 university students and contributes £3.25b to the UK economy. Its management students go on to lead global businesses and its entrepreneurs contribute to our dynamic economy. Its research has an impact across society and helps to turn our capacity for invention into viable businesses.

For more information about the Association, visit charteredabs.org

Press contact

Barney Roe

Director of Strategic Marketing and External Relations

Chartered Association of Business Schools

020 7634 9589

Email: barney.roe@charteredabs.org