KPMG signs partnership with UK Entrepreneurial Spark

29 April 2015 Consultancy.uk

KPMG has partnered up with business accelerator Entrepreneurial Spark and created a team that will advise and support thousands of start-ups across the UK. Under the 3-year deal, the firm will donate a thousand hours of advice every month and provide start-ups with access to its network. In addition, KPMG will boost the prize money given to the best start-ups every year.

Entrepreneurial Spark
Entrepreneurial Spark is a free business accelerator, powered by NatWest, for early stage and growing ventures. The initiative has been established in 2011 to develop an entrepreneurial revival across the UK and “develop entrepreneurs who have a #GoDo attitude with a solid grasp of how to create value”. The programme lasts for 6 to 18 months and offers the start-ups mentors, ambassadors and supporters, workshops, pitch practice and a full time ‘entrepreneurial enabler’. Entrepreneurial Spark is located across the UK in Glasgow, Edinburgh, Ayrshire, Leeds, Bristol, Birmingham and Brighton in its so-called Hatcheries - collaborative office environment suitable for building teams. Since its forming, nearly 1000 start-ups have been supported with over 1,700 jobs created.

Entrepreneurial Spark, powered by NatWest

In line with KPMG’s commitment to starting entrepreneurs, the firm signed a three-year partnership with Entrepreneurial Spark, providing the entrepreneurs, or ‘Chiclets’, in the Hatcheries with advice and support on issues such as developing better quality business plans, recognising the impact of business decisions on company finances, understanding the importance of cash and profit and investor readiness.

The firm will commit 1000 hours of support every month with a presence at Entrepreneurial Spark’s head office in Scotland and a pool of talent in each location to ensure entrepreneurs receive the best possible advice as they build their businesses. In addition to man hours, the firm will boost Entrepreneurial Spark’s start-up prize funds each year, awarded to the best entrepreneurs. Furthermore, all start-ups will have access to KPMG’s Small Business Accounting service and to the firm’s network of business contacts and relationships.

KPMG partners with Entrepreneurial Spark

“At the heart of KPMG Enterprise is a deep-rooted commitment to providing coaching, support and advice to aspiring entrepreneurs, so we’re delighted that this new partnership with Entrepreneurial Spark and NatWest will enable us to provide a vital helping hand to early stage and growing ventures up and down the UK,” comments Iain Moffatt, Head of Enterprise for KPMG in the UK. “We look forward to supporting our first intake of ambitious company owners over the coming months, and watching their businesses flourish.”

Jim Duffy, Entrepreneurial Spark CEO, adds: “At Entrepreneurial Spark, one of our top challenges is ensuring that those start-ups which are seeking investment are truly investor ready. We searched the country for a leading accountancy firm willing to give back and support entrepreneurship, and were blown away by the commitment of the KPMG team. We look forward to working with them across the country over the next three years, enabling entrepreneurs across the country to grow their businesses, create jobs and support the economy.”

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Grey Consulting and Makerversity announce strategic partnership

05 April 2019 Consultancy.uk

Grey Consulting has forged a new alliance with Makerversity, a 500-strong community of the brightest creative innovators, headquartered at Somerset House, London. The partnership hopes to tap into the experimental community to develop pioneering solutions for Grey Consulting’s clients.

In August 2018, one of the world’s largest design agencies surprised the business world by launching a dedicated consulting outfit. The news came as the two industries continued on their trajectory towards a historic synthesis. The consulting industry has been engaged in a pitched battle with the advertising and design space for the past few years, as the former increasingly encroaches on the territory of the latter via a protracted campaign of mergers and acquisitions; but there had been little traffic moving in the other direction.

At its launch, Grey Consulting was not billed as a direct competitor to established consultancies. However, the firm behind the new entity hopes that its creative experience will give it a competitive edge in winning consulting business from its existing clients. The Grey Group is a global advertising and marketing agency with headquarters in New York City, and 432 offices in 96 countries, operating in 154 cities. Grey Consulting opened its doors with a view to aiding clients within the areas of business and brand design, innovation and digital transformations.Grey Consulting and Makerversity announce strategic partnership

Now, as the firm looks to further expand its footprint in the market, Grey Consulting has unveiled details of a ground-breaking new alliance with Makerversity, a 500-strong community of creative innovators headquartered at Somerset House, London. The alignment with Makerversity is hoped to unlock the potential of collaborating with one of the world’s most experimental communities.

Makerversity curates and convenes the best talent across product design, fashion, art and experimental architecture, sustainable materials, IoT, digital manufacturing, and coding. It provides spaces and workshops for professional makers to develop and create their work, supported by Somerset House Trust. The alliance is expected to enable Grey Consulting to develop pioneering solutions for its clients, together with innovators who make something amazing for a living, every day. 

Leo Rayman, Grey Consulting CEO, commented, “This gives our clients the potential to access a network of some of the most diverse and innovative individuals in the world today. Being so tightly connected to a community of makers means we don’t just develop transformational strategies but can quickly realise them in three dimensions. This sets Grey Consulting apart from the pure play strategy houses who are sometimes criticised for not making their thinking real at the pace modern businesses require.” 

Fiona Dent, CEO of Makerversity, added, “Makerversity acts as a catalyst for unexpected encounters, fostering collaborations between an incredible range of the brightest leading creators and innovators. Our experimental approach and engaged members, whose own practice is defining our world, create highly original new outcomes. We are delighted to bring this philosophy to a wider audience and generate interesting projects for Makerversity members through our partnership with Grey Consulting.”