Improving Your Business

Improving Your Business

Business Model Innovation

Business Model Innovation

Online peer-learning programme specifically designed to help Cumbrian SMEs innovate within their Business Model to build resilience and flexibility.

About the Programme

This Lancaster University Management School programme is designed to help directors or owner-managers of Cumbrian SMEs. The programme breaks business modelling down into three components: Creating, Delivering and Capturing Value. You will visit each of these components in turn and use a blend of theories, models and practical activities to support you to build resilience and flexibility into your business model.

The three half-day sessions will enable you to:

  • Articulate and understand value from your customer’s perspective, meeting functional, social and emotional needs
  • Look at new, innovative ways in which you could deliver your value proposition to your customers
  • Explore a variety of revenue models and income streams to increase resilience

Next start: 16th November 2021

Programme Elements

Participants will attend one half-day online session per fortnight, which includes a workshop, break-out sessions and offline activities. You’ll participate in a range of activities to develop strategic thought processes and skills, and the focus on practical learning means there are no formal assessments.

  • Online interactive workshops on key topics: Creating Value, Delivering Value and Capturing Value
  • Access to leading academics and business experts from world-leading management school
  • Peer-network support with like-minded SMEs
  • Access to wider business support opportunities across the University

The Benefits

The programme fully integrates into your business, so you will spend time actively working on your business not in it. The peer network provides the support and the University provides the challenge to your thinking and ways of working. The programme will provide you with the tools to develop a strategic approach to your business and ultimately generate the growth you need.

Costs & Apply

This programme is fully funded and available to businesses which are eligible under the European Regional Development Fund (ERDF) criteria, as follows:

  • Based in Lancashire or Cumbria
  • Employ fewer than 250 full-time equivalent (FTE) employees
  • Annual turnover of less than €50 million (or the equivalent in GBP)
  • Received less than €200,000 of de minimis State Aid in the last 3 years

To discover more about the programme or to apply, contact Ewan Pullan at Lancaster University Management School on bmi@lancaster.ac.uk

  • European Regional Development Fund
  • Lancaster University Management School
  • Cumbria Business Growth Hub