The Different Journey and Results of Entrepreneurialism
Shout About Suffolk is co-founded by three successful Entrepreneurs who all had very different journeys. Toby Durrant and Paddy Bishopp will discuss their journeys and their drive to set up Shout About Suffolk to incubate and nurture start up Suffolk Companies. Both made mistakes in their entrepreneurial journey but luckily learnt fast and failed quickly, putting themselves in the privileged position of being able to work with their entrepreneurs and help them to not make the same mistakes and support their growth from concept through to either self sufficiency or next step investment.
Shout About Suffolk – A brief Introduction
Richard Croft, Toby Durrant and Paddy Bishopp are united by shared experience of having launched their own businesses, learned by mistakes, and travelled the challenging entrepreneurial path to success.
Today, they share a desire to pass on the benefit of their experiences, and to pour their passion and enthusiasm into helping Suffolk entrepreneurs achieve.
Their vision is to provide the kind of mentoring and support network which would have been so useful in their early professional lives, and which can put a new generation on to the right path in an increasingly complex business world.
This motivation and aspiration has given way to the launch of Shout About Suffolk – The Suffolk Business Start Up Lab.
While this concept has been discussed in the past by many organisations and individuals within the county, it is finally being made possible through the inspired thinking of this trio.
Richard, through his success in business, has very generously financed the launch of The Lab and has tasked Toby and Paddy with ‘making it happen’.
Self-Taught, like minded with a passion for giving back, Toby and Paddy see The Lab as the perfect way to work alongside entrepreneurs, pass on their knowledge, and witness the birth of great new enterprises in the region.
Shout About Suffolk will help drive innovation, encourage entrepreneurship, and all the while promote the wealth of talent across the county.
The Lab will house between six and eight start-up companies at any one time.
These businesses will be supported through initial funding, in conjunction with mentoring and back office IT support.
This is a pathway to either self-sufficiency or next stage investment. Through the incubation process the Shout About Suffolk team can truly accelerate the process and build a platform for success.
What’s the big idea? What’s Shout About Suffolk designed to do?
Shout About Suffolk will nurture the next generation of local business start-ups through innovation, entrepreneurial thinking and the provision of support facilities and a dedicated mentoring program designed to give each company self-sufficiency and a clearly-defined road map to success.
So, is it a business or a charity?
The Hub will be a Social Enterprise with any profits supporting the growth.
The Lab is the incubator and accelerator for start-up businesses proving capital and support at below commercial terms. It is all about supporting the future businesses and innovators of Suffolk.
Who is it primarily for and what are the options?
The golden rule is to enter The Lab or Hub is you must have a Suffolk postcode, we are purely about the future of Suffolk enterprise.
The Lab is for anyone with a great business idea who has the passion and resilience to follow the well-trodden path of Business start-up. The big questions alongside this is, where is the market place and is the timing right?
The Hub is designed for one-person micro/small business owners who want to be based within an environment that is entrepreneurial, inspirational, creative and collaborative, backed up my a mentoring and support service. If you do not have physical access to The Hub, we have our on-line membership programme.