We start our client engagement process with discovering where each individual is at, identifying their strengths and weaknesses, exploring their business ideas, and helping them determine their learning priorities. Clients are then encouraged to attend our business workshops which take them through everything they need to know about starting up a business.
Clients looking for financial support to start their business can also access help from OutSet Finance, in securing start-up finance. They provide advice on financial and business plans and on different types of funding, work with businesses on a 1-2-1 basis to help them gain a start-up loan, and provide follow on mentoring support too.
The programme is making a positive impact in Waltham Forest, having supported over 120 entrepreneurs in the region, many of whom have already started up their own businesses. We have supported well over the national average of BAME and female entrepreneurs who face a number of disadvantages when setting up business, especially in relation to finance.
As a result of Covid19, the London Borough of Waltham Forest commissioned us to provide a Business Resilience and Growth support programme, providing high quality professional resources to help businesses develop effective business resilience plans, as well as gaining advice on how to find more profitable customers, managing working capital and accessing growth finance, and hiring the right people.