HUNTER FOUNDATION LAUNCH RECRUITMENT FOR SCALEUPSCOTLAND
The Hunter Foundation (“THF”) has launched the next phase of their ScaleUpScotland programme recruiting for their fifth cohort of 12 scaling businesses.
Across the first four cohorts – cohort 4 is still underway – the businesses have grown £500m of incremental revenue, added 3000 new jobs and secured £300m in funding.
“This is by entrepreneurs for entrepreneurs; tailored to meet their needs and support them through accelerated growth. With a little bit of help from us and our amazing ‘entrepreneurs in residence’ these businesses have taken on significant challenges and grown exponentially. Fundamentally the peer-to-peer support across the cohorts coupled with knowledge and insight from entrepreneurs who have ‘been there and done it’ we think makes a significant contribution to supporting businesses scale.” Noted Sir Tom Hunter, founder of THF and serial entrepreneur.
Ian McKenzie CEO Trojan Energy from Cohort three who recently raised £26m added:
“Scale Up has given us access to industry experts and contacts that we could not have afforded or had access to otherwise. This has resulted in us making positive strategic changes within our business and gaining access to contract opportunities. It is also hugely beneficial to speak regularly with a group of founders and CEOs who are facing the same challenges as you on a daily basis but can offer insight and experience from different industries on how to overcome these challenges.”
Scale Up Core Programme
Fully endorsed by the Scale Up Institute in 2022, Scale up Scotland’s core programme is an 18-month cohort based experience aimed at highly ambitious entrepreneurs with the potential and desire to grow sales beyond £20-£30 million.
Offering a blend of experiential, business, and peer to peer learning, taking entrepreneurs through the critical components of business scale up. Whilst the central theme across the 18 months is building leadership capability for scale; the programme also takes a deep dive into the key drivers of scaling a business successfully.
Topics covered include: Business transformation, Strategic people planning, Leadership development, Effective Communication skills, Customer Insight, Operations management, Risk and Incident management, Fundraising, Internationalisation, Sales Negotiation, building effective teams and Decision making.
This programme is results oriented, delivered, and supported by leading entrepreneurs, expert business practitioners and facilitators telling it like it is – the highs and the lows. The undoubted benefits of strong peer-to-peer learning are embedded throughout.
Participants need to demonstrate continual development both of themselves and their organisation throughout the programme. The time commitment is ten residential one and a half day events and is operated from THF’s headquarters at Blair Estate https://blairestate.co.uk
The programme is aimed at high potential firms headquartered in Scotland with a minimum turnover of £1m+, who can demonstrate strong year on year growth and an ambition to build a global business.
The programme is heavily subsidised by the Hunter Foundation with participants contributing a fee of £6k plus VAT. (The fee includes accommodation and meals for the residential events at Blair estate)
THF now runs Pre-Scaler, ScaleUpScotland and ScaleUpScotland2.0 complementing their support for Scottish EDGE for more details visit https://www.scaleupscotland.co.uk
Companies can apply by emailing scaleup@thehunterfoundation.co.uk with closing date for applications 29th February and the programme starting 25th April.