acbba teresa bednall 100707

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Association of Community Based Business Advice Empowering communities to support enterprise Teresa Bednall

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Teresa Bednall on ACBBA in Brussels, 7 Jun 2010

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Page 1: ACBBA Teresa Bednall 100707

Association of Community Based Business Advice

Empowering communities to support enterprise

Teresa Bednall

Page 2: ACBBA Teresa Bednall 100707

The Community Based Business Support Model

• Business Support provided using existing community networks

• Braiding Business Support into services where self-help mechanisms are already present

• Business advisors who are known and trusted in the communities they serve

Page 3: ACBBA Teresa Bednall 100707

ACBBA offers :• On-going relationships with prospective entrepreneurs• Mentoring and advice by qualified business advisors • A range of effective and attractive products delivered

through workshops and events • Access to business networks that have been established

to facilitate inter-trading and growth among local small businesses

• Professional Development to Community Workers so that they can become accredited business advisors

Page 4: ACBBA Teresa Bednall 100707

Why a new approach to wealth creation is needed?

• Many people still experience social exclusion

• Enterprise development only recently seen as a way of tackling deprivation and social exclusion

• The Business Support and Social Exclusion agendas have only recently been seen as inter-related

Page 5: ACBBA Teresa Bednall 100707

What’s New About Community Based Business Support ?

• Views people and communities as main protagonists and develops capacity for self help

• Sees individuals as members of communities

• Tackles a wide range of needs – entrepreneur as a whole person

• Differs from mainstream models which focus on the supply side and see clients only as recipients of services

Page 6: ACBBA Teresa Bednall 100707

Becoming Finance Ready

• Requires intensive support for entrepreneurs and we address this mainly through one to one support ,workshops and business networks

• Business networks have been very effective in spreading a message through out communities that formalising business activities is worthwhile.

Page 7: ACBBA Teresa Bednall 100707

Issues in Assisting Entrepreneurs to become Finance Ready

• We encourage entrepreneurs to look for non-cash approaches such as trade credit, bartering and collaborative marketing

• This is much easier to implement the better connected entrepreneurs are. Hence the importance of the development of business networks.

Page 8: ACBBA Teresa Bednall 100707

The Skills Gap

• Managing relationships with customers, suppliers and personnel

• Skills to change direction and periodically refreshing the service

• Financial skills required to keep good control of cash flow.

• A basic understanding of techniques for sector specific businesses e.g. displaying merchandise, utilisation of equipment such as electronic tills to monitor sales.  

Page 9: ACBBA Teresa Bednall 100707

Linking this to ESFWorking with Groups at Greatest Distance from

the Labour Market

• Developing enterprise amongst Bengali women, a group in the UK who are furthest from the labour market.

• The project’s success can be demonstrated from its outputs.

• A total of 217 women participated in this 3 year project. 23 businesses have been created, of which 10 have now been trading for over 12 months;

• 27 women achieved accreditation in basic skills and 99 gained other skills such as sewing and craft making.

Page 10: ACBBA Teresa Bednall 100707

What the Women Valued

• Initially one to one support was the activity most valued by the women.

• Later in the project workshops and activities which addressed the projects main theme, helping women establish their own business, became the activities most valued by the participants.

• These activities had the additional value of building networks for women outside the home and the resulting social capital should have lasting value.  

Page 11: ACBBA Teresa Bednall 100707

Lessons for ESF

• Enterprise support delivered at a community level gives additional positive outcomes including the breaking down of isolation and the building of social circles outside the home.

• Attitude change within families to the participation of women in economically productive activities is often necessary. This takes time.

• Partners need to learn to work together in very practical ways to help their clients’ progress towards economic activity.

Page 12: ACBBA Teresa Bednall 100707

Lessons Learnt

• A multi-faceted offer for participants needs to be offered.

• Enterprise support programmes that simply offer advice to women on starting up in business would not have successfully met the needs of this group of women.

• If the programme seeks to engage socially excluded groups - single-track offers are unlikely to

succeed.

 

Page 13: ACBBA Teresa Bednall 100707

More lessons

A fully integrated offer should include:• confidence building • presentation skills • contact with positive role models • basic skills • sector skills training and option of

employment support

As well as Business Skills

Page 14: ACBBA Teresa Bednall 100707