Aycliffe Today Business Issue 7 | Page 12

12 | Aycliffe Today Business GOAL-DEN DREAMS Property and financial services boss Craig Peterson tells Martin Walker about an exciting Dragons Den-style competition that has been created on Aycliffe Business Park… Businesses can often be guilty of trying to mimic something successful with very little effort to put their own spin on it, but a coll aboration on Aycliffe Business Park has gone to great lengths to create an exciting proposition that would get even Duncan Bannatyne saying “I’m in” . One lucky North East business will bag over £100,000 of services by winning ‘Achieve Your Dream in 2014’, a Dragons’ Den-style competition organised by The HUB Partnership. Open to any company of any kind – existing or start-up – the winning firm will net a dream package of services including office space, marketing and social media strategies, training, PR and mentoring support to develop a strategic growth plan. To begin with, companies or individuals must make applications in a 500-word executive summary and a 10-slide Powerpoint Presentation in the first round of the competition. Then, similar to the hit TV show featuring the likes of Peter Jones and Theo Paphitis, shortlisted candidates will ‘pitch’ their idea to a panel of judges. It’s the brainchild of Craig Peterson, director of the Carlton & Co Group, which is based at and operates HUB Workspace, with the help of Rachel Townsend Green from Au Fait Marketing. Craig and Rachel have pulled together support from other HUB residents to offer a package that will nurture the winning “idea” with firms including design and , brand specialists Echo Graphics, Harlands Accountants, Watercooler World, Growth Funders and Aycliffe Business Park’s only provider of PR, Mantis Media, all chipping in. But my first question to Craig is, why? What do you and other businesses get out of giving away their services? “We want to help talented entrepreneurs realise their full potential, he says. “We ” created The HUB to provide a base for great businesses to grow and thrive. We are delighted that many of the companies based at The HUB have grown, increased turnover and created much needed jobs including apprenticeships for some very talented young people. We now want to roll out additional support to a business that can demonstrate ambition to grow. “It could be a start up company or a more established business. The common theme is that the business is led by an entrepreneurial team and has high growth potential. “All of the businesses involved in the project want to give something back and help an aspiring entrepreneur on the road to achieving something spectacular. “What we’re already finding here at The HUB is there’s an eco-system emerging where companies are helping each other. They bounce ideas off each other, share ideas and knowledge and refer work to each other - a real collaborative approach which is working really well. ” Craig says the competition has been a real joint effort, but one which he’s confident will prove hugely popular. “It’s been a combination of people from different companies getting their heads together, to come up with a support package that can help a great, ambitious local business to achieve a dream, he ” says. “One of the key things we talked about was that for businesses to grow and thrive, they often need early stage support, to crystallise an idea that is absolutely going to take off, and that support, from a number of experienced people, across a number of disciplines, can be a massive help. “If you are considering launching a new business, product or service then it’s vital to carry out the financial modelling, develop the business case together with the sales and marketing strategy… if you look at all of those things and put them together, a lot of small businesses don’t have that full range of capabilities in-house. If they can call on partners or advisers to help with those things, it’ll be a huge help. “Take for example marketing. You need to be able to communicate with your market effectively, and marketing comes in all shapes and sizes… PR, social media, digital and referral marketing combine