Leicester leading as a start-up capital

Posted by ap507 at Feb 05, 2016 01:28 PM |
Leicester identified as third best city in the UK to start a business

Issued by University of Leicester Press Office on 5 February 2016

Leicester is the third best city to start a business according to recent research by the Association of Accounting Technicians (AAT).

Compiling a list of the top 20 UK cities to start up a venture, AAT looked at stats such as digital connectivity, closure rates and density of small businesses. Leicester came out as number three on this list after Brighton and Cambridge, but impressively topped cities like London (9th) and Nottingham (20th).

The University of Leicester actively seeks to contribute toward this success by supporting student start-ups and local businesses to thrive through innovative programmes aimed at developing a range of skills, attitudes and behaviours which enable an individual to develop and grow an existing business, design an enterprising organisation or set up a new business of their own. 

Previous University of Leicester student, Suleman Sacranie, is just one example of the many exciting success stories that demonstrate the institution’s approach to developing enterprising skills among its student body.

An award-winning entrepreneur and mentor, Suleman started and sold his first company at the age of 19. At 21 he started the online ‘99p Shopper’ franchise, successfully securing a bursary and mentoring from the Enterprise Inc project (part funded by ERDF) via the University’s award winning Career Development Service. Now, having won multiple awards including Midlands Entrepreneur of the Year for 2014, he has launched theGPService.co.uk a concept to allow all pharmacies across the UK to offer a doctor service from within their pharmacy by receiving the prescription in real-time electronically.

Paying back the support he received throughout his entrepreneurial journey, Suleman will soon be appearing in a new BBC TV series helping would-be whizzkids.  He has been chosen to be one of six ‘business buddies’ advising the young stars of Pocket Money Pitch, a new series which starts on BBC One on Monday 8 February.

Hosted by BBC Presenter Steph McGovern, the series sees eight to 14-year-olds pitch their business ideas to the likes of chef Levi Roots, fashion designer and presenter Myleene Klass and TV entrepreneur Jamal Edwards, for funding and coaching.

Suleman is based in Leicester and his story goes some way to demonstrate why Leicester’s thriving business start-up community has been recognised nationally. Having initially received support from the University he has accessed local networks to build and grow his businesses.

The University works hard to connect budding student and graduate entrepreneurs to this community through a range of programmes and initiatives, such as a regular Business Start-up Café networking event which brings together entrepreneurs, local business leaders, academic business champions and students. 


Notes to Editors:

For more information about support for Business Start-up and Enterprise at the University of Leicester please contact Pete Hitchings on ph162@le.ac.uk



Pocket Money Pitch is on Monday, 8 February, on BBC 1 at 5.30pm.



Enterprise Inc - The Enterprise Inc project was part financed by the Operational European Regional Development Fund Programme 2007 to 2013. For more information visit: www.communities.gov.uk/erdf




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