EOA Finance Symposium 2020

Investing in Employee Ownership: New Opportunities for Finance in the UK’s Fastest Growing Business Sector

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After careful consideration of the current COVID-19 situation, the Employee Ownership Association in conjunction with our event sponsor, Unity Trust Bank, have taken the decision to postpone our event Investing in Employee Ownership: New Opportunities for Finance in the UK’s Fastest Growing Business Sector scheduled for Monday 16 March at Chartered Accountants Hall, home of the ICAEW.

We have taken this decision after reaching out and hearing from a number of businesses that their policy is to put a restriction on unnecessary travel and attendance at events.  We are using the guiding principle, of cancelling any events of 25 people or more as a precaution. Further details will made available in due course.

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The availability of finance directly influences businesses ability to grow to their full potential. Employee Ownership (EO) is currently the fastest growing business sector with the number of firms growing 18% in 2019 and having a combined turnover of £30 billion.

Yet the evidence shows that this fast-growing and substantial part of the economy is being overlooked by investors and lenders – meaning they are missing out on a growing market and the opportunity for a new pipeline of long-term custom.

The EOA’s 2018 business-backed Ownership Dividend report revealed challenges to faster growth of the sector, with a lack of awareness of EO amongst professional advisers and funders being the biggest barrier.

The keynote address of this finance symposium will be delivered by Eric Leenders, Managing Director – Personal Finance, UK Finance. This address will focus on the important role that employee ownership can play in boosting UK plc’s economic performance and productivity.

Sponsored by Unity Trust Bank, this symposium will enable you to:

  • Share your experiences, learning and ideas about lending to EO firms
  • Understand which sectors and types of business are most suited to EO
  • Receive copies of a new report from leading think tank, Ownership at Work, and hear from authors – industry experts Baxi Partnership and Capital 4 Colleagues about the opportunities and challenges for finance in this rapidly growing sector
  • Share ideas on policies and action required to transform the role of finance in this sector
  • Hear from a range of panelists including David Robinson, Chairman of Richer Sounds and Mike Swinburne, Finance Director of Cambridge Weight Plan

David Petrie, Head of Corporate Finance Faculty at ICAEW, will welcome guests to the Chartered Accountants Hall and share his thoughts on the role corporate financiers can play to enhance the employee owned sector.

This invite-only Symposium will attract representatives from the UK’s main banks, challenger banks, funds and corporate finance professional advisers.

We very much hope that you will be able to join us.

 

You can view the programme for the event here

Further detail about our panel of speakers can be found here

 

For any other enquiries or to request an invitation:

Please contact Anne Richardson, External Communications and Partnerships Executive: anne.richardson@employeeownership.co.uk. Tel: (01482) 667 122

Details

Date:
16 March 2020
Time:
2:30 pm – 5:00 pm

Venue

ICAEW
Chartered Accountants Hall, 1 Moorgate Place
London EC2R 6EA
United Kingdom

 

Partners: