BCoT is working in partnership with Basingstoke & Deane Borough Council and Fujitsu to create a location in Basinsgtoke town centre for entrepreneurs to launch their new business ideas. BCoT students will work with the businesses and develop their own enterprise experience and skills.
The project will rennovate an empty retail unit into a multi-purpose facility that will provide:
• Entrepreneurial and retail education and training of BCoT students,
• Space for short-term trials of retail ideas – “pop-up” space
• A showcase for retail products not generally available in the town centre
• A stepping stone for new town centre business start-ups
The project will have a sustainable philosophy and approach – local jobs, local sourcing, and low environmental impact.
What we'll deliver:
Why it's a great idea:
At a time of increasing youth unemployment and with with the last few years being very tough for small businesses in Top of the Town, this project will breathe new life into vacant premises in Church Street.
It will give our young people the chance to discover if they are budding entrepreneurs, identify talented young people with a flair for business, and give students a real taste of enterprise. By enhancing their commercial skills, students will become more employable and better prepared to start their own businesses.
Our economy needs the next generation of entrepreneurs to come forward, start businesses and create employment opportunities. New businesses benefit from support and help to get started – here they can set-up with minimal financial outlay and overhead costs.
Shopstart will bring renewed interest and increased footfall to an important retail area. A vibrant, mixed economy, town centre is a vital element for the continued economic prosperity of our Borough.
Steps to get it done:
Project impact and targets:
•100 BCoT students gaining practical retail, entrepreneurial, project management and leadership experience
•50 BCoT students run their own enterprise projects – make real profits from real business
•Raise the profile and understanding of eco-friendly products, sustainable technologies and personal contribution
•8-12 local businesses engaged with BCoT giving practical help and mentoring and at least two local community groups engaged with BCoT students
•3 new successful businesses launched
•Additional footfall generated in Church Street
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