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Big Helps Small: A London Example

Big Helps Small: A London Example JOYCE E. BERRYMAN JAMES COOK, University of North Queensland THE STRUCTURE London Enterprise Agency is an initiative by some of Britain's major companies to provide help for small firms and to assist urban regeneration. The founding members are Barclays Bank Ltd; BOC Ltd; The British Petroleum Company Ltd; GEC Ltd; IBM United Kingdom Ltd; Industrial and Commercial Finance Corporation Ltd; Marks and Spencer Ltd; Midland Bank Ltd; and Shell UK Ltd. There is an Advisory Council of nine members and an executive Committee of ten, consisting of the Director and a representative of each of the nine founding members. The staff consists of an appointed Director, Secretary and Research Assistant and five secondees from the founding companies who act mainly as advisers. THE PHILOSOPHY The founding companies have a strong commitment to the role that must be played by the private sector in the achievement of a viable and successful mixed economy. An important part of this mixed economy is the small firm sector which can provide suppliers, sub-contractors and a base for technological development. Unemployment is a problem in all western economies and there is widespread concern about the economic and social effects of long term unemployment. There http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png American Journal of Small Business SAGE

Big Helps Small: A London Example

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Publisher
SAGE
Copyright
© 1981 SAGE Publications
ISSN
0363-9428
eISSN
1540-6520
DOI
10.1177/104225878100600108
Publisher site
See Article on Publisher Site

Abstract

JOYCE E. BERRYMAN JAMES COOK, University of North Queensland THE STRUCTURE London Enterprise Agency is an initiative by some of Britain's major companies to provide help for small firms and to assist urban regeneration. The founding members are Barclays Bank Ltd; BOC Ltd; The British Petroleum Company Ltd; GEC Ltd; IBM United Kingdom Ltd; Industrial and Commercial Finance Corporation Ltd; Marks and Spencer Ltd; Midland Bank Ltd; and Shell UK Ltd. There is an Advisory Council of nine members and an executive Committee of ten, consisting of the Director and a representative of each of the nine founding members. The staff consists of an appointed Director, Secretary and Research Assistant and five secondees from the founding companies who act mainly as advisers. THE PHILOSOPHY The founding companies have a strong commitment to the role that must be played by the private sector in the achievement of a viable and successful mixed economy. An important part of this mixed economy is the small firm sector which can provide suppliers, sub-contractors and a base for technological development. Unemployment is a problem in all western economies and there is widespread concern about the economic and social effects of long term unemployment. There

Journal

American Journal of Small BusinessSAGE

Published: Jul 1, 1981

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