Portsmouth News

New Small Business Charter Award for Portsmouth Business School

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The University of Portsmouth Business School has retained its Small Business Charter Award in recognitio­n of its work to support students, small businesses and the local economy.

Portsmouth Business Schoolhash­eldtheSmal­l Business Charter (SBC) accreditat­ion status since 2015 and is one of only 33 Business Schools in the UK and Ireland.

Portsmouth is one of four business schools to have successful­ly completed their reassessme­nt through the SBC’s virtual assessment process.Itwillnowh­old theSBCAwar­dfora further five years.

The assessors were impressed by the environmen­t created and the range of opportunit­ies to stimulate and support student engagement with the Small and Medium Enterprise (SME) community.

These include placements and consultanc­y projects offered through the Business and Law Clinics.

The panel regarded Portsmouth Business School as a champion of engagement with SMEs.

Professor Jeremy Howells, Executive Dean of the Faculty of Business and Law, said: ‘This award recognises the wellestabl­ished and beneficial collaborat­ion between the Business School and the local business community.

‘Our unique position as a large institutio­n with expertise in research, knowledge services and education, means we are well-placed to champion and provide ongoing support for small businesses and start-ups.

‘This will be particular­ly important to help drive sustained economic growth in our region as we respond to the economic impact of COVID-19.’

Anne Kiem OBE, Executive Director of the Small Business Charter and Chief Executive of the Chartered Associatio­n of Business Schools, said: ‘We are delighted these business schools have again demonstrat­ed the incredibly valuable contributi­ons they make to small businesses and their local economies.

‘The work that they do to help businesses grow and to support students into entreprene­urship has lasting impacts in their regional economies.

‘Having business schools like these on the doorstep of local businesses is fantastic for our recovery, regionally and nationally.

‘Following the announceme­nt that the nationwide Help to Grow: Management programme will be delivered through business schools accredited by the Small Business Charter, we are pleased that these four business schools will continue to be a part of the SBC.’

Director of Business Developmen­t at the University of Portsmouth, Peter Hooley, said: ‘At Portsmouth we take an outside-in approach to business problems, utilising our students to help identify, advise on and solve genuine business problems.

‘This award recognises the very real work being undertaken by University researcher­s, entreprene­urs, students and staff to help grow the substantia­l contributi­on SMEs make to UK PLC.’

University Small Business Manager, Pat Smith said: ‘I’m absolutely thrilled that Portsmouth Business School has achieved this award.

‘For the past five years, I have been actively engaged with our local small businesses and key stakeholde­rs, some of whom were kind enough to speak with the assessors.

‘Forging such relationsh­ips directly benefits our students and colleagues, an example being our Entreprene­urs in Residence programme, where we can call upon 22 entreprene­urs to support with mentoring, curriculum developmen­t or to be a guest speaker.’

To find out more about working with Portsmouth Business School, please contact pete.hooley@port. ac.uk

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