The Road to Renewal:
Preparing entrepreneurs and SMEs for the next normal

This October, the British Library, supported by DCMS and the Treasury, launched the Business & IP Centre (BIPC) national Reset. Restart service to enable small and medium-sized enterprises (SMEs) to rebound from the Covid-19 crisis, adapt and build flexible business models and be prepared for the next normal. Alongside this, we are continuing to support people to start up and run robust businesses in the face of the COVID-19 crisis. People who start their business with us are four times more likely to succeed in building a viable business; 90% are still trading after three years, compared with an average of 50%.

Reset. Restart and the Business & IP Centre expansion form a key part of Living Knowledge: For Everyone, the British Library’s refreshed strategy to support economic, social and cultural renewal in the face of the pandemic’s extraordinary impact.

On 10 November from 11:00 – 12:00 we will be hosting a special virtual event to mark the launch of Reset. Restart.

We will be joined by the Minister for Digital & Culture, Caroline Dinenage MP, who will make the opening remarks followed by a live panel and Q&A session moderated by Alison Cork, recently announced BIPC Ambassador.

Speakers

Dame Carol Black

Chair of the British Library Board

Roly Keating

Chief Executive of the British Library

Caroline Dinenage MP

Minister for Digital and Culture

Alison Cork

Chair - Founder of Make It Your Business, entrepreneur

Sonali Parekh

Director of Policy for the Federation of Small Businesses

Nick Partridge

Head of Libraries, Archives and Information Services, Sheffield City Council

Philip Salter

Founder of The Entrepreneurs Network

Siobhan Thomas

Founder of What’s Your Skirt

Map

More Events

BIPC Glasgow: Making a difference – starting and running a business with environmental impact

Meet the local businesswomen making an impact in the environmental space at this event hosted by BIPC Glasgow, during COP26. Join us to hear their inspirational stories - their motivations, challenges and aspirations.

Sustainability is an increasingly important issue for many businesses. At this panel event you’ll hear how and why Trudi Donahue (Wild & Kind CIC), Lynne Haddow (Extincts CIC) and Fiona Lindsay (Reblade) took life changing decisions to start and run businesses with sustainability as a core principle.

The panel discusses why protection of the environment is important to them, their start-up journeys, sustainable business practices and sources of support.

Inspiring Entrepreneurs: Fashion Retail Reimagined

Online retail sales for textiles, clothing and footwear reached an unprecedented peak of 31% in 2020, as reported by UKFT, and in the UK alone the fashion and textile sector boasts a staggering 34,045 businesses. Now in 2023, the industry of fashion retail is witnessing the emergence of several exciting trends that are revolutionizing the shopping experience.

TikTok's live shopping experience, the growth of omni-channel retail, the increasing importance of second-hand fashion, supply chain innovations, and the rise of diversity and inclusivity are reshaping the fashion retail landscape. With these emerging trends, traditional brick-and-mortar shops have been reimagined, giving way to a new era of shopping experiences that seamlessly blend the physical and digital realms.

Our panel of five inspiring fashion experts and entrepreneurs will explore how these changes are influencing the industry and share valuable insights on leveraging these shifts to your advantage – leaving you inspired, informed, and ready to conquer the future of fashion retail.

Quotes: https://www.ukft.org/business-advice/industry-reports-and-stats. and Top Fashion Retail Trends of 2023: Innovations Shaping the Industry — Femestella.

On the day, expect to:

Discover the intersection of high-end fashion and sustainability that is reshaping the market through consumer-to-consumer shared economy modelsExplore the latest business models in fashion retail, from traditional high street to cutting-edge online platformsLearn about the world of pop-up shops, offering not only unique shopping experiences but also sales opportunities for start-upsDive into the thriving market of live shopping, from social media live videos to online shop ecommerce platformsUnderstand how small businesses are establishing successful retail and ecommerce identities to grow their brandLearn how the power of innovative concepts, combined with community support, can revolutionise shopping in key locations.

For those joining us in person, the event will be followed by a networking reception with drinks, canapés, meeting with other attendees, as well as the speakers. For those joining us online, the panel and talk will run from 18.30 – 20.30

This event is tailored to those who are just thinking about starting a business, are already a business owner who wants to learn more, or perhaps simply wish to establish a stronger network. Attendees will leave this event feeling inspired and engaged.

Getting started with your side hustle

Going in to business might feel like a leap into the unknown, but with a side hustle you can minimise the risk.

Earning through a side hustle helps you earn extra an income while keeping paid employment and helps to maintain the cash flow as the new business establishes itself. With digital communities and marketplaces helping to fast track the route to market and allowing entrepreneurs to tap into a wider breadth of customers than ever before, more and more people are choosing to start side hustles, and seeing them grow.

Vicki Broadbent has grown her blog, The Honest Mum, from a hobby and passion to her full-time commercial income. She is also the author of Mum Boss, which examines the opportunities you can unearth by unlocking spare time, often, while at home with a family.

This session will explore the skills and support you will need to put your plans into action after Start-up Day, as well as practical tips on keeping up a side hustle while working the 9 to 5. If you have entrepreneurial ambition and a skill that can be monetised, join us and Vicki to hear about whether a side hustle start-up is the right option for you.

Getting started with the latest trends in the UK market

At the moment there are, of course, huge doubts about what the future holds. But that doesn’t stop us being able to assess the current business market to explore new trends and behaviours - insights that could help your business flourish, even in the most uncertain of times.

Mintel is the world's leading market intelligence agency. Our guest presenter, Jack Duckett, Mintel’s Consumer Lifestyles Analyst, will distil the biggest trends, especially in today’s changing climate. In these recent times, Mintel has been helping their clients understand the impact of COVID-19 on their markets. Tune in on Start-up Day to hear about the effects on consumer behaviours and how key markets will fare over the next few years, including food and drink, beauty, leisure and more.

The Mintel sector reports can be accessed for free in our National Network of Business & IP Centres, based in libraries around the UK. Before you start exploring the databases yourself, this is your guide to figuring out what the stats actually say.

Understanding these trends gives valuable insights for new businesses looking to stay relevant in today’s increasingly competitive marketplace. Don’t start your business without this insider guide to understanding and capitalising on the key UK business trends today.

BIPC Northamptonshire: Doing good and making money

Business & IP Centre Northamptonshire is hosting an open conversation exploring social enterprise, mental health and wellbeing, and environmental sustainability. Is it really possible to make money and do good at the same time?

Join Barry Crisp from BIPC Northamptonshire to find out, as he discusses the topic with Agi Brodzinski (Jolibi), Ali Mitchell (Wildflowers), Ben Francoise (Saints Coffee) and Salma Shah (Granola by Salma Shah).

The Road to Renewal: Preparing entrepreneurs and SMEs for the next normal