Press Release-Doug Richard to Teach UK Entrepreneurs How to Start and Grow a Business at Newcastle University on February 3

15 JAN 2010


for Immediate Release

Doug Richard to Teach UK Entrepreneurs How to Start and Grow a Business at Newcastle University on February 3


Wednesday, 3 February, Doug Richard’s School for Startups together with O2 will deliver a course in how to start a business in collaboration with Finance Tree, Newcastle University Business School & Newcastle University Careers Service and sponsored by Ward Hadaway Law Firm, Newcastle Science City & North East Access to Finance. Register online at


(NEWCASTLE) 15 January 2010 — On February 3, School for Startups, together with O2, will deliver “Start Here! Starting & Growing a Successful Business” at Newcastle University. The event is in collaboration with Finance Tree, Newcastle University Business School & Newcastle University Careers Service and sponsored by Ward Hadaway Law Firm, Newcastle Science City & North East Access to Finance on 3 February. Register online at

Doug Richard, a fierce advocate for entrepreneurs, and author of the 2008 Richard Report which panned UK government resources for small business, said “I am very much looking forward to delivering our Start Here! course in Newcastle.  Entrepreneurs always lead the way out of recession. They actively package invention and innovation into new products and services. The businesses they build create new jobs and new wealth for the society we live in.  I am committed to seeing the UK take the lead in tomorrow’s economy by helping people start and grow new businesses each and every day.  Entrepreneurship is the only sustainable solution to the UK’s current financial crisis, and it is the very best way to ensure UK citizens enjoy a healthy, happy and prosperous future.”

Before an entrepreneur invests time and money into a business idea, Richard says there are key questions they should ask themselves. Among them:

  • What’s the one thing I’m going to get absolutely right?
  • Who are my customers?
  • Do I have a sustainable competitive advantage?
  • What are the characteristics and usual profit margins for the industry I’m joining?
  • Do I have the right skills and experience?
  • Who else do I need to make this work?
  • How can I market my business very cost effectively?

When entrepreneurs ask the right questions before a business is started, they get a better, stronger, smarter and more profitable enterprise.

In this one-day Start Here! Starting & Growing a Successful Business course, entrepreneurs will receive instruction directly from Doug Richard and have an opportunity to network with other Newcastle entrepreneurs.  They can participate in an entrepreneur surgery in order to get direct counseling, and they will discover additional resources designed to help them launch their businesses successfully in the Newcastle area.

For more information on the Start Here! Starting & Growing a Successful Business course, visit You can also follow School for Startups on Twitter at @s4startups and @s4stv.

About Doug Richard & School for Startups

Doug’s expertise is backed by some very impressive credentials. A successful entrepreneur with over 20 years’ experience in the development and leadership of technology and software ventures, Doug featured in the first two TV series of Dragon’s Den. He is the Founder and Vice-Chairman of the Cambridge Angels (a network for private investors), Chairman and CEO of Trutap, Chairman of the Conservative Party Small Business Task Force, and non-executive director of Alert Me, Pearl Software and Beats Digital. Between 1996 and 2000 Doug was President and CEO of Micrografx, a US publicly quoted software company. Prior to that he also founded and subsequently sold two other companies: Visual Software and ITAL Computers.

Doug holds a BA in Psychology from University of California at Berkeley and a Juris Doctor at the school of Law, University of California at Los Angeles. In 2006 Doug was an Honorary Recipient of The Queen’s Award for Enterprise Promotion and in 2007 he became a fellow of the RSA. In 2009 Doug received an Honorary Degree and is now a Doctor of the University of Essex.

About O2 UK

Telefónica O2 UK Limited is a leading communications company for consumers and businesses in the UK, with 20.7 million mobile customers and 457,000 fixed broadband customers as of 30 June 2009. Telefónica O2 UK Limited is part of Telefónica Europe plc which is a business division of Telefónica S.A. and which owns O2 in the UK, Ireland, Slovakia, Germany and the Czech Republic, and has 46 million customers.

O2’s UK mobile network covers 99% of the UK’s population. O2’s 3G network covers over 80% of the UK population and is fully HSDPA-enabled, providing speeds of up to 3.6 Mbps for customers with an HSDPA-enabled device.

O2 was ranked highest in customer satisfaction for both UK mobile and fixed broadband customers according to the J.D. Power and Associates UK Mobile and Fixed Broadband Studies 2009.  For more information on O2, please visit  HYPERLINK “”

S4S North East Host — Finance Tree

The School for Startups programme is proud to present Finance Tree as their official Strategic Event Partner. Quote: Jonathan Gold “I’ve seen Doug at work and it’s a real kick start for anyone thinking of starting a new business or wanting to grow an established business. He is respected in the industry and we are thrilled to be able to bring him to our part of the world”.  Finance Tree prepares companies looking for investment:

Newcastle Science City

Newcastle was designated as a Science City in 2005 in recognition of the world-class research being undertaken by its universities and the potential of its science industry base. Being a Science City is all about capitalising on science expertise and encouraging the creation of new innovation, ideas and businesses.

Ward Hadaway

Ward Hadaway is one of the largest law firms in the North of England with a reputation for quality, innovation and a firmly practical approach to meeting client needs. They operate from offices in Newcastle and Leeds and have a substantial client base of regional, national and international clients from the private and public sectors. As a full service law firm, they can offer expert advice on all the many challenges and opportunities faced by new and growing businesses.

North East Access to Finance

North East Access to Finance has been set up as part of the JEREMIE initiative. It exists to monitor access to finance in the region, as well as initiate training and mentoring programmes for SME’s. It is the parent company of North East Finance Ltd, which has been set up to manage the 125 million pound JEREMIE programme. The company intends to create three experimental funds within the next three years to complement the existing capability, and hopes to draw in investment from within as well as from outside the region.

Newcastle University Careers Service

Aims to be one of the most effective, expert and innovative HE careers services in the world. Its mission is to develop enterprising students who can self-manage, interact and apply their knowledge and skills in a global context. It offers careers advice, guidance and skills development opportunities, curricular and extra-curricular enterprise and entrepreneurship education as well as business start-up support to over 19,000 students and graduates of Newcastle University. The Service works on an on-going basis with over 80 of the Times Top 100 graduate employers and around 500 small and large enterprises throughout the North East. The service won the 2009 AGCAS Entrepreneurship Excellence Award and boasts a number of other national awards: AGCAS Excellence Awards 2007 and 2006. Institute of Career Guidance National Awards 2005, 2004, 2002, 2001. From February 2010 the Careers Service’s entrepreneurial development activity can be followed on Twitter by visiting

Newcastle University Business School

With around 2,000 students, Newcastle University Business School is one of the largest schools in Newcastle University, one of the UK’s leading civic universities. In keeping with the University’s worldwide reputation the School attracts some of the brightest students from across the globe. We currently have around 100 staff, including many leading academics recruited from both inside and outside the UK as experts in their fields. Our portfolio of undergraduate and postgraduate programmes has a strong international focus and is constantly being updated to give students the latest professional and research-based knowledge, and the best possible learning experience. We have excellent links with industry and professional bodies. We run a wide range of activities to support businesses in the North East region and beyond, and we also offer customised management development programmes. Our influence is increasing across the world, thanks to the achievements of our alumni, the research expertise of our staff and our partnerships with internationally reputed schools.