Project information

Business Workshops

We run a series of ‘Business Workshops’ for military veterans and spouses who are looking for guidance on how to start up their own business. We offer advice and guidance on turning a concept into a realistic and viable commercial business.

January 2013 - December 2014

Charity information: Heropreneurs

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  • Need

    Need

    Ex military entrepreneurs may face a number of issues in seeking how to set up in business and the necessary investment:
    They are largely ‘first-time’ entrepreneurs;

    Much of the press coverage is as ‘charity cases’ rather than of their skills in driving commercial success;

    When assessing key personnel, the business community may misunderstand and not value experience gained in the Forces;

    Lack of a network may mean such personnel are unsure of how to go about seeking guidance

    Solution

    Business workshops provide applicants with some of the key tools to start up and run their own business.
    Heropreneurs will run business workshops in 5 regional areas to cover the main factors someone starting a business will need to consider and helps individuals find solutions to issues, shortfalls and problems in their own plans. We do not charge for workshops and therefore seek to raise workshop preparation, training, administration and running costs.

  • Aims

    Aim 1

    Each workshop covers the main factors someone starting a business will need to consider

    Activities

    » Workshops are designed find solutions to issues, shortfalls and problems in business plans

    Success will be having 25 people realising business is for them.


    Aim 2

    Give structure, advice and guidance to putting the business plan into action

    Activities

    » successful candidates who complete the workshop will be allocated a mentor who will help deliver business objectives

    Success will be matching beneficiaries to mentors to further improve their chances of making a success in business


  • Impact

    Impact

    Creating social impact defines our mission which is to ensure that service leavers who are aspiring entrepreneurs reach their full potential, their capabilities are recognised and that society benefits from their contribution. Our business model offers sustainable social impact and its objectives provide a compelling opportunity to invest money in pioneering businesses created by people whose future, in some cases, is far different to what they once imagined.

    Risk

    Service provision, loss of customer satisfaction or beneficiary complaints including negligence claims and our reputational risk •
    We have put in place quality control procedures and complaints procedures. We have a benchmarking of service and all partnership agreements with trainers will be closely monitored

    Reporting

    We will report to donors on our activities each quarter through a newsletter as well as individual donor emails or telephone calls.

  • Budget

    Budget - Project Cost: £11,500

    Loading graph....
      Amount Heading Description
      £5,000 Business Workshops Cost of trainers to hold 6 workshops in 5 regions, 30 in total. And marketing
      £2,500 cost of venues Venue costs
      £4,000 Mentor introduction events rainers will be paid £200 for day training sessions.
  • Background

    Location

    5 major areas of the UK - all of which have been chosen because of their significant armed forces population. These areas are:
    • London
    • South West England
    • Midlands
    • Northern England
    • Wales

    Beneficiaries

    All those thinking of leaving the armed forces, Spouses of serving armed forces personnel and veterans. The numbers of highly skilled UK personnel is set to rise significantly following the Strategic Defence and Security Review, armed forces leavers will increase to at least 30,000 a year over the next few years so there will be an increased demand for our services.

  • Why Us?

    Why Us?

    Heropreneurs is the only registered charity in the UK which works exclusively to help former members of the armed forces and their spouses, set up and run their own businesses. We have run a number of workshops so people will be drawn to an organisation who they trust, who understands their background, their strengths, has a strong business network and good commercial understanding.

    Read more about the Charity running this project.

    People

    Richard Morris

    External relations

    Richard Morris

    External relations

It’s like being a platoon commander again. Heropreneurs provide the Pl Sgt and Coy Co support when you need it.

Mark Evans