London Fusion concludes and celebrates project success
- Published: Tuesday, 09 December 2014 13:25
- Written by Karen Surdhar
On Monday 1st December the Steering Group for the London Fusion Project met for the final time. London Fusion was originally set up as a programme of interactive, tailored support designed to help London's creative and digital small and medium-sized businesses collaborate, innovate and grow.
"Since July 2012, the project has supported 426 SMEs with over 11000 worth of business support, [and] created over 100 new jobs"
Part-funded by the European Regional Development Fund, Fusion helped spark ideas for innovation through hosted talks and events with leading speakers. The programme also facilitated networking and collaboration opportunities with other businesses as well as providing access to experts on emerging trends from 2012 to 2014.
In their final meeting, group presentations were led by the Chair, David Docherty (Chief Executive, NCUB), Cathy Garner (Project Director, London Fusion) and Peter Bazalgette, (Chair, Arts Council England). The meeting saw senior level attendance from all partner organisations and key leaders in both the Creative and Digital sector including British Library (Roly Keating, CEO), MOBO awards (Kanya King, Founder), Enternships (Rajeeb Dey, CEO and Founder), BBC Academy (Anne Morrison, Director) and London Higher (Paresh Shah, Research Manager).
The group met to celebrate the achievements of the London Fusion programme, discussed lessons learned and next steps for the 1,250 business supported by the programme.
Lancaster Management School as the lead partner delivered the programme with key organisations including NCUB, Royal College of Art, Kingston University, Kings College, University of London, Queen Mary's University London and the Tate.
The project has enjoyed huge success and is well on its way to achieving its funding commitments and targets on completion, many of which have been resource intensive.
Since July 2012, the project has supported 426 SMEs with over 11000 worth of business support, created over 100 new jobs, and has exceeded its target to increase productivity by achieving over €3.9m Gross Value Added (GVA).
Karen Surdhar is a Project Manager at the National Centre for Universities and Business.