Prime Minister David Cameron backs Britain’s Creative Entrepreneurs
20 January 2016: Creative Entrepreneurs, a new initiative to resource and inspire the next generation of creative people to start their own businesses, launches tonight at No. 10 Downing Street with backing from Prime Minister, David Cameron.
Creative Entrepreneurs provides a central gathering place for the range of support and resources people need to start creative businesses, across the creative sectors, from fashion to music to TV to design to theatre. Its website brings together and organises, in one place for the first time, the business resources, advice and inspiration people need to get their creative ideas off the ground.
It provides a searchable business tool covering everything from writing a business plan to raising money, information on mentoring, finding work space, IP, and going international. This is overlaid with inspiration from creative entrepreneur role models, advice from industry experts and investors, big picture thinking from respected journalists and economic experts and news highlights of the major stories impacting creative entrepreneurship.
Speaking on the day of the launch of Creative Entrepreneurs, the Prime Minister said:
“Britain has huge creative clout around the world. From Asia to America, they’re dancing to our music, watching our films and wearing our designers’ latest creations. With all this talent, it’s no wonder that our creative industries form the fastest growing part of the economy and are growing faster than any other sector.
I want us to build on that. And that means backing the best entrepreneurship in the sector, providing a focal point for the start-up support and resources creative people need. Creative Entrepreneurs does just that – and its website is the first of its kind. I hope this, alongside the other measures we are taking to boost businesses, will help make one of this country’s great success stories go from strength to strength.”
The event sees the coming together of Britain’s major creative forces to support the effort. Serving as launch Ambassadors are Anya Hindmarch, the iconic British fashion designer; Zaha Hadid, the award winning architect; Jamal Edwards, creator of youth music channel SB.TV and Rohan Silva, a former Downing Street policy advisor who went on to found Second Home, the provider of co- working space for creative entrepreneurs (quotes from each below).
Britain’s creative industries are its fastest growing economic force, pumping almost £80bn per year – or £8.8m per hour – into the UK economy, accounting for 6% of British jobs and growing three times faster than any other sector. Despite this, the conversation around encouraging the next generation tends to focus primarily on skills training for employment and freelancing, while remaining relatively silent on entrepreneurship.
The event at Downing Street signals the government’s recognition of the substantial value and untapped potential of creative entrepreneurship. Creative Entrepreneurs aims to foster an engaged and empowered community, armed with the necessary business tools and role models to thrive.
￼ Ed Vaizey, Minister for Culture and the Digital Economy and host of tonight’s event said:
“Government is working hard to foster the right environment for businesses to thrive, and this industry led initiative will provide a valuable tool in helping our creative start-ups to not just find their feet, but to hit the ground running. By providing resources, advice and inspiration, Creative Entrepreneurs will enable new British businesses to chart their own creative futures.”
Creative Entrepreneurs was founded by ex-Time Warner MD, Carolyn Dailey, and is backed by seed funding from The Arts Council.
Quotes from the Ambassadors:
“I am so happy to support this important initiative. I was lucky to have the advice from a family of entrepreneurs; this offers all that and more.” Anya Hindmarch
“It’s very difficult to get anywhere without the support of those who have the knowledge and understanding to help you take the next step. Great things come from the inventiveness and abilities of those who are creative working with the support of an experienced team who know about running a successful business – Creative Entrepreneurs offers just that, to get you started at the very beginning.” Zaha Hadid
“Young entrepreneurs of today are the future business leaders of tomorrow! If we’re not empowered then many great new businesses will fail to get off the ground or reach their potential! Creative Entrepreneurs’ new website is just the sort of resource I wish I had when I was starting SB.TV. We all make mistakes with the business basics when starting out, as we are not taught enough of these skills at school. Creative people tend to start their businesses because they have a great idea, and are not purely financially driven. Creative people don’t tend to focus a lot of their energy on learning business skills as they like to focus on making their ideas a reality. This website will have tips from ambassadors and will offer guidance on what you need to know when setting up a business in the creative sector, delivered in a way that creative people understand.” Jamal Edwards
“This brilliant initiative will ensure that more people get the support they need to combine entrepreneurship with creativity, and change the world for the better.” Rohan Silva
Quotes from Others:
“I wish I had this 20 years ago when I started my business” Thomas Heatherwick
“This will be a real boost for people with talent and ideas who need support to grow a creative business, and I’m delighted the Arts Council was able to provide the seed funding to make it happen. It’s part of a whole package of support we provide to the creative industries from apprenticeships and loans, to our Grants for the Arts programme which can be a lifeline for smaller projects. More and more people now understand that culture and creativity mean business – and it’s something where we’re leading the global race. The Arts Council wants to help keep it that way.” Dawn Ashman, Director, Creative Industries, Arts Council England
Anya Hindmarch is a multi-award winning British fashion designer who founded her business in London in 1987 and has since grown into a global brand with flagships in New York, London and Tokyo. In 2009, Anya was awarded an MBE in recognition of her contribution to the British fashion industry.
Zaha Hadid is an Iraqi-born British architect famed for her neofuturistic designs around the globe. The first woman to win the Pritzker Prize, architecture’s most prestigious accolade (2004), and the winner of the Stirling Prize two years running (2010 and 2011), her designs range from Rome’s MAXXI contemporary art museum (2009) to the Aquatics Centre for the London Olympics (2012) to the extension to the Serpentine Sackler Gallery (2013). In 2015, she became the first female winner of the Royal Institute of British Architects’ royal gold medal.
Jamal Edwards is the founder of YouTube youth culture and urban music channel SB.TV, which has received more than 300 million views and is best known for breaking world famous music acts such as Ed Sheeran. From his start receiving a video camera for his 15th birthday, to being awarded Best New Startup by Virgin Media in 2012, Jamal was made an MBE by the Queen in 2014 for his services to the music industry.
Rohan Silva is the co-founder of Second Home, an iconic workspace for creative startups. Previously Senior Policy Advisor to David Cameron, Rohan is renowned for helping establish the Government’s ‘Tech City’, an initiative supporting the growth of the technology cluster in East London.
What are the Creative Industries?:
Advertising and marketing, architecture, crafts, design (product, graphic and fashion), film, TV, video, radio, photography, IT (software and computer services), publishing, museums, galleries and libraries, music, performing and visual arts all form what has come to be referred to as the Creative Industries.
Department for Culture, Media & Sport
Official Statistics: Creative Industries Economic Estimates January 2015 Statistical
Release (Full Report) Annex B HERE
Statistics on the Creative Industries in the wider UK economy:
- growth of 9.9% in 2013, three times that of the wider UK economy – exceeding key sectors such as real estate (5.0%) and finance and insurance (2.4%)
- accounted for 1.71m jobs in 2013, equal to 5.6% of all UK jobs
- in January 2015 worth £76.9 billion per year to the UK economy, equalling 5% of the UK total – this equates to £8.8m per hour or £146,000 per minute
- represented 8.8% of the total UK exports in 2012, an increase of 11.3% from the previous year – in comparison to growth of 2.8% for total UK exports