Young entrepreneur secures deal for new business venture

Posted by pt91 at Nov 13, 2013 11:45 AM |
Latest success story from recipient of support from University of Leicester's Enterprise Inc. programme

Issued by University of Leicester Press Office on 13 November 2013

Suleman Sacranie, who was awarded a start-up bursary of £2,500 and business support through the Enterprise Inc. programme, has secured a multi-million pound deal for his new business venture - Mad About Deals - which specialises in online sales and distribution of discounted deals and clearance stock.

He was named the Young Entrepreneur of the Year at the 2012 Midlands Business Awards for his achievements, which included setting up 99p Shopper and 99p Wholesaler.

Suleman is one of the stars of a new BBC programme called the Million Dollar Intern, which sees him pose as an intern as he attempt to re-energise a failing business from the bottom up.

After completing the Enterprise Inc programme, Suleman is a strong advocate of the scheme:

“The Enterprise Inc programme was massively enjoyable. I am really grateful for the support I received from the University of Leicester and Enterprise Inc. We received guidance and help going through the details of how to set in place your business plan and all the steps you need to go through in order to develop your idea, such as target market, target audience, sales and negotiation. The Enterprise Inc programme is phenomenal for starting your own business.”

Inspired by Suleman’s story? Enterprise Inc. enables final year students and recent graduates to start and run their business venture with a start-up bursary worth £2,500, along with providing business training to develop entrepreneurial and enterprising skills. You can find out more here: http://www2.le.ac.uk/offices/careers-new/exp/enterprise/enterprise-inc

You can also develop your business ideas further by attending the ‘Three Day’ Business Boot Camp training on the 22nd, 23rd and 24th November 2013 – you can book your place through MyCareers. This is your opportunity to meet entrepreneurs, business experts and speakers, work on your idea or develop new ideas and learn what it takes to start a business venture.

The Business Boot Camp takes place during Global Entrepreneurship Week , which aims to promote the importance and potential of entrepreneurial growth in the United Kingdom.

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For further information: please contact Rajinder Bhuhi 0116 229 7697 email rkb14@le.ac.uk

Pictures available on request

East Midlands 2007-13 ERDF Competitiveness Programme

EDRF 2012

About ERDF nationally

The ERDF Programme aims to strengthen economic and social cohesion in the European Union by supporting regional economic development.

The ERDF objectives for England are:

  • Promoting innovation and knowledge transfer
  • Stimulating  enterprise and supporting successful business
  • Ensuring sustainable development, production and consumption
  • Building sustainable communities
  • Improving accessibility and connectivity (for Cornwall and the Isles of Scilly only – as part of their Convergence Programme).

A Programme Monitoring Committee consisting of regional stakeholders such as Government Offices, RDAs, Regional Assemblies, Local Authorities, Sub-regional Partnerships, Higher Education Institutions, Trade Unions, and the private and voluntary sectors will monitor and oversee programme implementation in each region.

For more information on ERDF funding generally, please visit www.erdf.communities.gov.uk or http://ec.europa.eu/regional_policy/funds/feder/index_en.htm

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