Turning business ideas into reality

Young entrepreneurs are being offered the chance to join a free university masterclass in getting their business ideas off the ground – and talk to a man who just might have the money to help.

University of Derby students are soon to benefit from a series of eight half-day Business Start-up sessions at the Devonshire Campus in Buxton, led by experienced finance director and adviser Simon Fussell.

But the university is also offering free places on the course to people aged 18 to 30 from the wider community.

Dr Sarah Rawlinson, the university’s Assistant Director, said: “The purpose of the sessions is to provide advice and guidance on those first vital steps in setting up your own business, covering topics such as market research, writing a business plan, sources of finance, legal considerations and business tips and support.”

The programme will consist of eight half-day sessions taking place on Tuesday afternoons from 2pm to 5pm, starting on May 7 at the Devonshire Campus.

Simon, who has worked at board level in the manufacturing and contracting industries, will be supported by Paul Stuart, the Young Persons Loan Fund Adviser for Derbyshire Enterprise Agency.

The Young Persons Loan Fund aims to provide 18 to 24-year-olds with access to business start-up funding and expertise and personal support from business mentors to help develop business plans and access training. Once a viable business plan is approved, a loan of up to £5,000 with a repayment period of up to five years might be available.

To find out more about the classes, contact John Phillips at J.Phillips@derby.ac.uk.