Welsh food and drinks producers have been put by way of their paces as a part of a brand new ‘Scale-Up Problem’ to assist develop their enterprises and construct business confidence.
Led by consultants and mentors, the ‘Scale-Up Problem’ programme has been created by Cywain – a Menter a Busnes venture that helps the event of growth-orientated companies.
The six weekly classes lined a wealth of sensible recommendation to assist smaller firms scale-up their actions to develop their companies, and is a part of the Covid restoration technique to develop companies and jobs.
Subjects lined within the ‘Scale-Up Problem’ have been, having the best perspective, finance and resilience, figuring out and seizing alternatives, communications and advertising, accreditation akin to SALSA, and discovering and utilizing pattern information.
Held in collaboration with different companions akin to Meals Innovation Wales’ through Venture HELIX*, perception from consultants was backed up by established Welsh food and drinks producers who shared their experiences of forming and rising firms – from the highs to the lows.
13 firms** joined the preliminary programme, amongst them North Wales espresso producer Ffa Da and Cardiff distiller Treganna Gin.
Cywain Venture Supervisor, Dewi Evans, mentioned, “Rising a enterprise might be fairly a steep studying curve, and the variety of rules and new expertise required might be daunting at occasions. That’s why Cywain created the ‘Scale-Up Problem’ – to deliver all these parts collectively by way of casual topic-focussed classes.
“Producers have been capable of ask consultants a variety of questions and in addition be taught first-hand from those that have succeeded in increasing their enterprises.
“Over the weeks, the group have additionally shaped a bond amongst themselves. We hope this connection will proceed as mutual assist and togetherness is essential not simply from a enterprise perspective, however having encouragement out of your friends is sweet for private well-being too.”
Earlier this week (31 March) the attendees additionally took half within the first stage of a ‘Meet the Purchaser’ occasion. The digital presentation gave them the chance to listen to from the patrons for retail and catering retailers at Nationwide Museum Wales. The presentation might be adopted in a few weeks by particular person conferences with the patrons, the place they may pitch to have their merchandise stocked and served.
Dewi Evans mentioned, “Getting to fulfill patrons will not be all the time straightforward for smaller producers, and it has been particularly tough over the previous 12 months, so we’re delighted that our Scale-Up Problem purchasers may have the prospect to indicate their improbable merchandise to potential clients.”
Group members are additionally being supported of their preparations for the forthcoming conferences, with mentor appointments to get skilled recommendation on how one can pitch and current their merchandise to the patrons.
Additionally, at this autumn’s deliberate Welsh Authorities flagship food and drinks occasion, BlasCymru/Style Wales, (October twenty seventh & twenty eighth), the ‘Scale-Up Problem’ producers will be capable to participate in a brand new ‘Rising Star’ market place the place they’ll promote their merchandise and meet patrons.
Dewi Evans mentioned, “This might be one more improbable alternative for our producers to shine at an occasion which places Welsh food and drinks on a world stage.”
“BlasCymru/Style Wales is Wales’ largest food and drinks occasion giving producers the chance to develop new enterprise. On the 2019 occasion, over 780 delegates took half and greater than 1,600 one-to-one enterprise conferences facilitated. This has, thus far, generated over £17.4m of recent enterprise offers secured.”