THE INNOVATORY Incubator Toolkit

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THE INNOVATORYIncubator Toolkit

• NEIL BARKLEM
• Chief Executive

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what we do

• incubation, training, coaching, advice and access
  to investment to start ups
• emphasis on technology, cultural creative
  sectors, trade with Asia, and entrepreneurs from
  London's Black Asian, minority ethnic
  communities.
• over the last four years
• assisted 750 companies to start or grow,
• helped to secure private equity investment or
  funding for more than 200,
• training programmes to more than 1000 businesses 

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origins and markets

• operating for 11 years as a social enterprise
  (public service company)
• located between City of London and large
  disadvantaged communities in Hackney, Islington,
  Tower Hamlets
• large spontaneous cluster of software, media and
  design companies located in Shoreditch
• evolved from a training organisation for smes and
  career development into a business support agency
• delivers public contracts and commercial activity
• training, incubation, advice and investment
  mostly in north east London, some services are
  available across the capital

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high and monitored standards

• experienced SFEDI advisers
• CUSTOMER FIRST quality standard
• client scoring of every advice session
• audited projects and services
• INNER CITY 100 INDEX 2002-5
• ENTERPRISING LONDON
• awards 2005 and 2006

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Transferable Tips - 1

• a spontaneous not engineered clustering of
  businesses, with genuinely high levels of
  entrepreneurship in local communities and viable
  business proposals and teams
• growing accessible markets for commercial
  services
• diversity of funders for public projects and
  services
• dynamic business networks with capacity and
  appetite for mentoring and coaching
• qualified advisers with relevant business
  experience
• mix of sources of funding and investment for all
  stages of development of a viable business

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Transferable Tips - 2

• Cross Partnership project board
• Online real-time Customer Relationship
  Management and project reporting
• Light- touch, but focussed quality assurance
• Cross project team networking formal meetings
• Best practice visits, desk research and sector
  knowledge updates - essential
• Community based surgeries in offices of business
  professionals, with community language speaking
  advisers recruitment opportunity

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Thank You

• Neil Barklem
• Chief Executive
• neil_at_theinnovatory.com
• Tel [phone]