Faculty of Business and Law attracts regional business leaders to new advisory team

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Donna Whitehead, Pro Vice-Chancellor and Executive Dean at UWE Bristol’s, Faculty of Business and Law has unveiled an impressive new advisory team of 21 regional business leaders.

The new FBL Faculty Advisory Board has been assembled to look at how the new Faculty and its new £50m building can serve the needs of the region and its economy.

Business leaders from the region’s financial, commercial, legal, public and health sectors are represented on the panel. They are:

Chair – Lord Bichard, Chairman of the National Audit Office

Barbara Davies, Former CEO – West of England Local Enterprise Partnership

Bonnie Dean, CEO – Bristol and Bath Science Park

Chris Nott, Senior Partner – Capital Law

Clive Hetherington, Ex-Area Director – Lloyds Bank

Dame Ruby McGregor-Smith, CEO – Mitie Group

David Relph, Director – Bristol Health Partners

Iain Lovatt, Founder and Chairman – Blue Sheep

Jason Sprague, Management Consultant – ASE Consulting

John Moriarty, President – Bristol Law Society

Karl Brown, Senior Associate – Clark Willmott

Katherine Bennett, Vice-President – Public affairs – Airbus

Keith Probert, MD – Viimi

Luis Garcia, CEO – Bristol Water

Nicola Yates OBE, City Director – Bristol City Council

Peter Rillett, Chairman – North Bristol Trust

Phil Smith, MD – Business West

Rick Sturge, President – ICAEW

Sarah Pullen, MD – Trinity Mirror

Simon Gibson, CEO – Wesley Clover

Vanessa Moon, Moon Consulting

Donna Whitehead, Pro Vice-Chancellor and Executive Dean of the Faculty of Business and Law says, “We’re delighted by the calibre of our new advisory board and the leadership experience they bring will stand the Faculty in good stead to drive forward our new strategy to make our provision meet the needs of employers and ensure that we forge an international reputation for business and law at UWE Bristol.”

Lord Bichard, Chair of UWE Bristol Faculty of Business and Law advisory board, says, “To be effective universities must work hard to stay close to business; build strong partnerships with local and nationally significant employers; show that they value and respect the voice of industry and look for ways of making their knowledge and research base more accessible to business. This is a partnership of genuine mutual benefit.”

Students are set to benefit from state-of-the art facilities, as the new building for the Faculty of Business and Law draws a step closer to completion. With completion due for January 2017, the new building will include: two showcase law courts, a city trading room, a 300 seat lecture theatre, two Harvard lecture theatres, a number of smaller teaching spaces, IT suites, flexible social learning spaces, external business engagement space, central social space and café.

£50 million UWE Business and Law building is a step closer

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The new £50 million Faculty of Business and Law at UWE Bristol (the University of the West of England) is a step closer to completion.

The new state-of-the-art building will house Bristol Business School and Bristol Law School and is part of the University’s campus development plan to build a University for the 21st Century.

A ceremony is being held on 4 May [2016] to mark construction reaching the top floor of the landmark building.

Simon Walker, Director General of the Institute of Directors and an Honorary Graduand from UWE Bristol will mark the occasion by securing a golden bolt on the top floor of the building on Wednesday 4 May.

The new building is located on the northern side of the plaza at the heart of developments on the UWE Bristol Frenchay Campus and is due for completion by January 2017.

The new building will ensure that staff, students and businesses have access to world class facilities and it will enable achievement of the core of the Faculty strategy: engagement with the business sector in the region.

Research by the Association of Business Schools and the Chartered Management Institute, shows that UK business schools and businesses, who are key employers of graduates, could benefit from closer working relationships. Businesses say they want ‘business-ready’ graduates, and key to achieving this are student placements and work experience which are a core part of the vision for the Faculty.

The numbers of UWE Bristol business graduates entering professional jobs within 6 months of graduation has been consistently ahead of the marketplace for business graduates. The latest data based on the 2013/14 Destination of Leavers in Higher Education (DLHE) produced by the Higher Education Statistics Agency showed 74% of UWE Bristol graduates entering professional jobs immediately after graduation compared to a national figure of 67%, confirming the capability of these graduates and the underlining demand in the region.

Working closely with a modern practice-based university like UWE Bristol brings huge benefits for business and this new facility will foster formal and informal interaction between businesses and the University.

Simon Walker, Director General of the Institute of Directors says,“UWE Bristol is a great university with impressive international reach. It should be commended for investing in the workforce of the future. Access to skills is a major concern for IoD members, as shortages in key areas can prevent businesses from growing. Management, professional, commercial and entrepreneurial skills are vital to this region. UWE’s effort will create strong career opportunities for students and employees alike.”

Key professional organisations will have a base in the new building enabling barristers, accountants, small business owners and start-ups to mix with staff and students in the learning and social areas. Throughout the building there will be flexible workspaces available for staff, students and visitors to use.

Donna Whitehead Pro Vice-Chancellor and Executive Dean of the Faculty of Business and Law says, “This will be a live environment where staff and students and business work together – with collaboration and collegiality at its core. We consult with our advisory board of key business figures who challenge us to make our provision meet the needs of employers and the latest developments in the business world.

“Our students are very enterprising – for example we have very successful Pro Bono work carried out by Law students offering free legal advice to victims of domestic violence and benefit claimants – resulting in successfully gaining £1m in welfare benefits for people wrongly declared fit for work. We plan to develop this model of Pro Bono work for a business audience – enabling our students, with supervision, to offer advice to small businesses on areas such as start-ups, intellectual property, HR issues, marketing and communications. These activities help us to be engaged with the region, and they benefit students by giving them live experience interacting with business owners and developers.

“This new building will enable us to deliver our strategy by providing a first-class teaching and learning environment comprising lecture facilities, teaching and seminar rooms, as well as specialist learning facilities such as a trading room, team entrepreneurship hubs and law courts. It will have spaces that encourage interaction and learning areas enhanced by the latest technology, as well as zones for all subject areas.”

Bristol Business School and Bristol Law School educate future professionals in all aspects of business and law – from entrepreneurship, management, leadership, strategy through to economists, accountants, marketing and human resources. As well as offering academic law courses they also train barristers and solicitors. They provide alongside this, relevant research into important business and law issues that confront both businesses and society.

Innovative new courses, such as the successful Business Team Entrepreneurship degree, enable students to respond to the challenges of creating their own businesses during their time at university.

The new building will include: two showcase law courts, a city trading room, a 300 seat lecture theatre, two Harvard lecture theatres, a number of smaller teaching spaces, IT suites, flexible social learning spaces, external business engagement space, central social space and café.

ISG is the main contractor for the project.

The University is currently seeking further funding from the business and alumni community to develop Technology Enhanced Learning classrooms to deliver the very best in student learning experience and teaching. At the same time this will give these businesses access to talented students and graduates, research and development.

Reaching out to help businesses flourish: Crowdfunding agency nets £85,000 in donations

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Launching a successful business while at university could be considered an incredible achievement in itself. But three students from the University of the West of England (UWE Bristol) have gone one better – by forming a start-up which has helped two other fledgling companies take off.

Their company CrowdReach, which helps entrepreneurs raise capital through crowdfunding, has attracted more than £85,000 in donations since it was established just over a year ago.

The agency has helped two tech companies in Bristol – a 3D printing business and a virtual reality start-up – eclipse their fundraising targets and has now set its sights on giving more firms a funding boost.

It was created by undergraduates Rob Wilson, Bradley Green and Will Dooley – all students on UWE Bristol’s pioneering Team Entrepreneurship degree programme. Working alongside creators of innovative products, CrowdReach plans, creates, markets and manages crowdfunding campaigns – helping clients reach their target audience and convert interested individuals into backers.

Crowdfunding is an increasingly popular method of attracting funding, with Kickstarter and Indiegogo the most widely-used platforms. But the alarming failure rate (two out of every three Kickstarter campaigns end unsuccessfully) was viewed as a huge opportunity by the trio.

Rob, 21, said, “The problem with crowdfunding is the failure rate – on most platforms, if you don’t reach the target you don’t get the funding. Many campaigners fail to appreciate the time and resources that go into launching a successful campaign.”

Crowdreach helped earn £64,000 for its first client OmniDynamics and, more recently, £22,000 for VRGO. Its focus is on reward-based crowdfunding, offering donors a tangible “pay off” for their generosity if a target is reached.

Its opening campaign was a runaway success, with the £20,000 target from OmniDynamics being surpassed within 11 hours. The campaign helped raise enough money to launch 3D printer accessory Strooder, aimed at bringing down the cost of 3D printing by allowing people to create their own 3D printing ink from scraps of waste plastic.

VRGO was seeking £20,000 to launch a virtual reality chair, allowing users to control movement in the virtual world. Within 24 hours, 70 per cent of the target was reached and by the end of the campaign in December the total had been exceeded.

Final year student Rob is confident the company can build on its successes in 2016. He said, “We have a strong team and a clear strategy for the next 12 months. So far we have made a positive start to the year, with a couple of projects already in the pipeline.”

He and fellow students on the Team Entrepreneurship degree are actively encouraged to start their own innovative businesses. An alternative to traditional degrees, the programme – which launched in 2013 and is only one of a handful of degrees of its type in the UK – is targeted at aspiring entrepreneurs looking to learn about setting up and running a business in teams.

The programme’s undergraduates – known as Team Entrepreneurs – develop skills in everything from event and budget management to marketing, PR and graphic design.

Of the course, Rob said, “Time management has been the biggest thing we’ve learnt since starting the degree. The structure and flexibility of the course means that we are able to dedicate the majority of our time to the business and find time in the evenings and at weekends to complete our assignments.”

CrowdReach was selected for the NatWest-backed accelerator programme Entrepreneurial Spark. The programme takes in promising start-ups, offering them free office space and business advice to help them realise their ambitions. The company progressed to the next round of the programme earlier this year, benefiting from mentoring and a base in Bristol’s Temple Quay for an additional 12 months after an initial six-month placement.

Joe Ryan, owner of VRGO, was impressed with how CrowdReach managed its virtual reality chair campaign.

He said: “Launching a Kickstarter campaign requires a combination of planning and reactive decisions. The CrowdReach team were able to perform both these tasks under intense pressure and delivered an excellent result.”

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