College offers start-up aid for entrepreneurs

College offers start-up aid for entrepreneurs


Published Date: 15 July 2008
By Staff / yorkshireeveningpost.co.uk

A SUBSIDISED business start-up incubator centre based at Park Lane
College Leeds is calling for local entrepreneurial talent to get in
touch.
Following
a successful year, some of the fledgling businesses incubated at the
centre – dubbed The Unit – are now ‘flying the nest’ to establish
themselves independently in the business world.

As a result, a number of its office pods and virtual support programmes will becomeavailable over the next few months for people who can successfully pitch their ideas for a start-up to a judging panel.

The
Unit was one of the first business incubator centres to be opened in a
Further Education College when it opened in November 2006.

It consists of around 20 office pods for new business start-ups from the local community.

The
business pods in The Unit have thus far been allocated to a variety of
new business hopefuls, from film-makers to recruitment firms.

Benefits

Originally
funded by the European Social Fund and the European Regional
Development Fund, The Unit also offers other benefits including free
membership to the Leeds Chamber of Commerce (for one year), free
one-to-one consultations and a programme of business seminars delivered
by visiting speakers.

‘Virtual’ clients receive the same benefits, but without an office pod.

One
business at The Unit, which is approaching the end of its first year
and is now looking for a move to new premises, is online marketing and
web development company Red Koala.

Mike Osolinski, creative
director at Red Koala, said: “Whilst this is a very exciting time for
the company, we will also be extremely sad to leave this vibrant and
inspirational environment of entrepreneurs.

“We knew when we won
our place here that it would help our business significantly but we
could never have imagined how dramatically the support, training and
networking opportunities that we have received, would propel us forward.

“One
thing we have learned, though, is that in business there is always
something new to learn and different ways to look at things.


Leaving

“Even
though we will soon be leaving, we look forward to remaining virtual
members of The Unit and continuing to contribute to the community that
has given us so much.”

l The Unit will be inviting pitches from
new businesses looking to win a pod or virtual contract in the centre
on Thursday, July 31. Any business-ready enterprises ready to launch
their ideas should contact Jennie or Hannah on (0113) 216 2250/2252 as
soon as possible.

  • Last Updated:
    14 July 2008 10:42 AM

  • Source:
    EP Leeds First & County
  • Location:
    Leeds

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