Sheffield Business School awarded national accolade

12th March 2018

Sheffield Hallam University's Business School is celebrating after receiving Small Business Charter accreditation in recognition of its outstanding support to small businesses and student entrepreneurship and an exemplar for its Venture Matrix scheme.

The Small Business Charter award is a mark of excellence for Sheffield Business School, for its expertise and commitment to small businesses, developing student entrepreneurship and engagement in the local economy. The award also connects small businesses with advice and support from business schools which have achieved the award. Sheffield Business School, which received accreditation for three years, was particularly commended for its dedication to student start-ups and commitment to the local economy. The Venture Matrix scheme, the largest university student consultancy project in the UK and the biggest provider of free consulting in South Yorkshire, received an exemplar. The Small Business Charter said "Venture Matrix is an exemplar of an enterprise education initiative that has been scaled across the university embedding real-world consultancy projects into the curriculum. The programme adds significant value to student employability, brings the curriculum to life whilst increasing university visibility in the local business community, creating significant impact on local businesses, social enterprises, charities and public-sector organisations". The scheme develops students' skills through projects with local businesses and charity organisations. Since 2013/14 the scheme has contributed over £1.7m to the regional economy through more than 1,150 projects involving almost 4,500 students. The RISE graduate internship scheme, a ground-breaking initiative in Sheffield that aims to increase graduate employment in small and medium sized enterprises (SMEs), was also praised. Since the beginning of the RISE scheme in 2013 it has provided over 150 SMEs across the city region with support and funding to employ over 200 graduates. The Enterprise Team was commended for its support for entrepreneurial students and alumni across Sheffield Hallam University. Such support includes its mentoring scheme for students wanting to start their own business and the annual Hallam Enterprise Award where student start-ups can win a share of £10,000. Max Scotford, founder of Bullion chocolate company and winner of last year's Hallam Enterprise Award, said: "Sheffield Hallam University has been there from day one. From the initial idea right through to where I am now with the business. They've provided many opportunities for me and introduced me to mentors that have truly shaped and help build the business. I constantly sing their teams praises as I am so pleased with the service they have provided for me". The University has also made a major commitment to the Sheffield City Region through the regional initiative, the Sheffield Innovation Programme, and Higher Degree Apprenticeships, which enables SMEs access to Hallam's academic expertise, facilities and resources to support and develop business growth. Professor Kevin Kerrigan, Pro Vice-Chancellor of Sheffield Business School, said: "Sheffield Hallam University is a leading applied university that is open for business and major supporter of the vibrant small business community in the Sheffield City Region. The Small Business Charter accreditation confirms Sheffield Business School's position as the leading catalyst for business creation and growth in the region and offers a platform to reach out to even more entrepreneurs and scale up companies." Sheffield Business School is Britain's largest modern business school, with more than 7,000 students, from 100 countries, studying at five locations around the globe. Its mission is to be the leading modern business school renowned for providing an industry-connected, real-world experience.

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