peer support

New series of peer-to-peer networks launched by East Midlands Chamber

Senior leaders in SMEs across UK Community Renewal Fund areas are being invited to join a peer-to-peer networking programme that launches this month.

Delivered by East Midlands Chamber, the Peer Networks programme gives directors and senior managers the opportunity to share common business challenges and objectives. Regular sessions take place over several months and are facilitated by experts in the field and supported by specialist guest speakers.

Sector-based networks such as manufacturing and the visitor economy – as well as specialist groups for high-growth, female-owned businesses and Generation Next – will begin over the coming weeks, with the first one, designed for the visitor economy, starting on 17 May.

East Midlands Chamber deputy chief executive Diane Beresford, who heads up the Peer Networks delivery, said: “Peer networks are quite different to a traditional classroom development programme. They are more informal in nature, and the agenda is set by the group members. Challenges are addressed through conversational peer support and, since group members bring along real-life scenarios, the advice received has immediate relevance.

“Particularly valuable is that members develop support channels in the peer-to-peer network that continue outside the group, and often for the long term. Bringing together businesses in this way to learn from and support one another, is an area the Chamber is particularly well placed to lead on.”

A number of the Peer Networks are being delivered under East Midlands Accelerator, a £5.27m project part-funded by the Government through the UK Community Renewal Fund (UKCRF), and which has received an additional £471,000 of match funding from the Chamber and its partners.

Qualifying businesses must meet a number of criteria. They must be based in either Bassetlaw, Derbyshire Dales, High Peak, Leicester city, Mansfield, Newark and Sherwood, or Nottingham city; have operated for at least one year; employ at least three people; and record a turnover exceeding £100,000. In addition, they must have an aspiration to improve and the potential to scale up or export – or be exporting already.
Up to 11 individuals are involved in each cohort and are required to give a time commitment of about 18 hours across the entire duration of the fully-subsidised programme.

Anyone interested in taking part in the Peer Networks may book their place at: www.emc-dnl.co.uk/peernetworks.

Peer Networks programmes:

The upcoming Peer Networks are:
• Visitor economy: 17 May, 6pm
• Generation Next: 19 May, 8am
• High growth: 19 May and 20 May, 9.30am
• North Nottinghamshire Manufacturing Network: 27 May, 8am
• Leicester City Manufacturing Network: 27 May, 8am
• Nottingham City Manufacturing Network: 1 June, 8am
• High growth: 7 June, 9am
• Derbyshire Dales & High Peak Manufacturing Network: 9 June, 8am
• Women in business: 20 June, 10am

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D2N2 Growth Hub Launches Peer Network Programme

The D2N2 Growth Hub launches it’s Peer Network programme which aims to bring together diverse cohorts of SMEs to work together collaboratively to discuss challenges, share feedback and devise practical solutions.

The programme, which is being delivered locally by a network of Growth Hubs, forms part of the Government’s response to the COVID-19 pandemic and the ongoing EU transition. It seeks to improve the resilience of SMEs, their capability to adapt their business models to the “new normal” and position themselves for future success, driving longer-term productivity gains.

The programme, which will be delivered by a network skilled facilitators, will consist of the following sector based Peer Networks:

  • Manufacturing
  • Hospitality and Visitor Economy
  • Creative Industries
  • Life Sciences
  • Retail
  • Construction
  • Food and Drink
  • Social/Healthcare

The Growth Hub will also deliver the following mixed-sector groups:

  • High growth businesses
  • Women-owned businesses
  • BAME businesses
  • High growth businesses with a focus on digital (technology, cyber security)
  • High growth businesses with a focus on leadership and management
  • High growth businesses with a focus on sales/e-commerce

Each of the above networks will bring together groups of 11 SMEs which will run from January to March 2021. In total 18 hours of Peer Network support will be provided to each business with an additional 3.5 hours of one to one support. The key benefits to businesses are:

  • Overcoming business challenges and recognising new opportunities
  • Build a trusted network of connections
  • Improving long-term personal and business performance
  • Achieving higher turnover, employment levels and productivity growth – as research indicates for businesses adopting formal management practices

Chris Pook, D2N2 Growth Hub Manager said: “The Peer Networks are a welcome addition to the wealth of business support already delivered via the Growth Hub. This tried and tested action learning methodology will provide added value to the businesses involved, especially during these challenging economic times.”

For more information and to register your interest in joining a network please click here.

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