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FREE Business Programmes from LUMS

22nd October 2020

Lancaster University Management School currently has two fully funded training programmes available which may be of interest to city centre businesses.

The Business Model Innovation and Evolve Digital programmes each have their own specific focus and eligibility criteria. See below for full details and to find out how to register your interest in being involved.

Business Model Innovation, a new online peer-learning program specifically designed to help Lancashire SMEs innovate within their business model to build resilience and flexibility. This is a fully funded program, consisting of 3 half day workshops over a 6 week period, delivered online via Microsoft Teams. Aimed at directors, owner managers or senior employees with strategic influence, participants will learn how they can create, deliver and capture value differently in order to withstand external forces or future market crises such as Covid, Brexit or climate change.

Starting on November 18, each workshop will examine these three components and use a blend of theories, models and practical activities to support you to explore ways to innovate and to build flexibility and resilience in your business model. Business Model Innovation offers the business leader the opportunity to take time out to work on the business, as opposed to within the business. The support of other participants is a real plus of this program – the peer learning environment allows for the exchange of ideas, which will provide stimulus and challenge from like minded business leaders. See more here: https://www.lancaster.ac.uk/lums/business/sme-programmes/business-model-innovation/

Applications to join the programme must be submitted online BMI Application Form.

Main eligibility criteria:

  • must be owner/director or senior strategic manager
  • Lancashire based company
  • less than 250 employees
  • annual t/o under £40 million
  • exempted sectors: nuclear, agriculture & construction
  • less than £160 k public funding received in last 3 years

The Evolve Digital program is for family businesses, encouraging them to adopt digital technologies.

It will provide them with the tools & techniques to enhance leadership, explore new technologies and improve productivity. Additionally to create a strategy to future proof their business and prioritise areas where digital tech can transform the business.

https://www.lancaster.ac.uk/lums/business/sme-programmes/evolve-digital/

Highlights:

  • 4 workshops of 1/2 day each – between 10 November and mid February – it is likely that this first cohort is almost full so a second is planned for a February 2021 start
  • Online learning – facilitated and non facilitated
  • Fully funded program
  • Must be a family business
  • B2B and B2C
  • NW based
  • any sector employing up to 50 people
  • must have traded for 1 year at least

Any businesses interested in either opportunity can contact Kath Bell on 07788 563 562.

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