26 September 2017
VIRGIN MEDIA BUSINESS BRINGS VOOM TOUR TO CARDIFF
- One-to-one business advice from experts including ICAEW, JCDecaux, LinkedIn and Crowdfunder
- A panel discussion featuring award-winning entrepreneur and Cardiff-born businesswoman Lisa Marie Brown, who is the founder of three companies including Pinkspiration, at 1:30pm
For any Cardiff entrepreneurs who are brave enough to pitch their business idea to a panel of expert judges for a chance to win £5000 and attend a brunch hosted by Richard Branson, the live pitching competition will take place at 3pm on 5th October (pre-registration required by midnight on 28th September).
Sir Richard Branson, Virgin Group Founder, said: “The Voom Tour is coming to seek out the brilliant entrepreneurs and ideas from Cardiff, and help break down the barriers to business success. The aim is to help them put aside their fears and take the next steps on what could be the most significant journey of their business life.”
The Voom Bus arrives in Cardiff as new research from Virgin Media Business shows that over two-fifths of people from Cardiff (42%) think they’ve had a great idea for a new business, but the majority of this group (58%) have failed to turn their business idea into reality. The top reasons for not taking any action include being too scared to take such a big risk (39%), not knowing how to start (35%) and not knowing how to get funding (31%).
Interestingly, over a quarter of Cardiff’s residents (29%) cited Richard Branson as the most inspiring business personality, admitting he is the one who would most motivate them to start their own business.
Peter Kelly, Managing Director, Virgin Media Business, said: “Whether you’ve already started a business and want some help, or need advice to help get a brand new venture off the ground, the Voom Tour is the perfect platform to prepare your business for the big time. We hope to see as many of Cardiff’s business community as possible join us on 5th October.”
For more information on the Voom Tour, and details on how to register to pitch a great business idea, please visit virginmediabusiness.co.uk/voom
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NOTES TO EDITORS
The Voom Bus will be open from 10am-5pm on Thursday 5th October 2017. It will be located at The Hayes, Cardiff, CF10 1FL.
About the research
Research was conducted online by Opinium between 2nd and 12th June 2017, among 3,751 UK adults from Newcastle, Manchester, Birmingham, Cardiff, Glasgow, Edinburgh, Hampshire and Dundee. Of these, 500 people were surveyed from the city of Cardiff.
Voom Tour 2017
The Voom Tour 2017 will visit regional centres across the UK and Ireland and will include ten Voom Pitch competition stops, introduction to Voom Fibre and business networking opportunities. Virgin Media Business would like to thank its Voom Tour partners JCDecaux, ICAEW, Crowdfunder and Virgin StartUp.
Voom Tour 2017 Partners
The UK's #1 crowdfunding platform, Crowdfunder is all about putting the #VOOM into fundraising and awareness for great ideas. And they give Voom Pitch entrants the chance to raise money while they canvas votes. The team are hitting the road to share their know-how, spreading the word about creating brilliant crowdfunding campaigns, gaining validation to take ideas from a light-bulb moment and making it happen through the power of the crowd.
The UK's number one out-of-home advertising company is also part of the world's leading outdoor advertising company.
ICAEW is committed to helping companies like #VOOM by providing entrepreneurs with free professional support and guidance through our Business Advice Service. Our ICAEW Chartered Accountants advise over 1.5 million businesses across the UK and will be available at stops on the tour to support entrepreneurial businesses aiming to grow and develop. As leading financial experts, a qualified chartered accountant can help you with all your business issues, from managing your cash flow to accessing the right funding solution for your business, to ensure that your business succeeds.
Virgin StartUp is a not-for-profit arm of the Virgin Group spearheading the group’s entrepreneurial philosophy; providing government-backed start-up Loans, one-to-one mentoring and business advice to thousands of businesses across England and Scotland.
Virgin StartUp is joining the Voom Tour 2017 to provide valuable expertise, help and advice on how to launch and scale a start-up. They will be providing expert judges for the pitching competitions as well as first class business advisors to support the one to one sessions with budding entrepreneurs.
Voom Pitch (previously VOOM 2016)
Voom Pitch is the new name for the national pitching competition and the new regional competitions. Both the national and regional competition gives entrepreneurs and small and medium-sized businesses the opportunity to pitch their ideas to expert judges and win prize money and business promotion opportunities. The national competition will be judged by Richard Branson and there will be opportunity to win a slice of a prize fund worth over £1million and will take place in March 2018. Voom Pitch, the regional competition, will be part of The Voom Tour and there will be chance to win a slice of a prize fund worth £50,000 and takes place in communities across the UK between May and Nov 2017.
Voom Fibre product information
For more information about Voom Fibre, businesses can visit www.virginmediabusiness.co.uk/small-business/
About Virgin Media Business
We provide internet, data and telephone services to UK businesses and the public sector. We have more than 50,000 customers, most of which are small and medium enterprises. We also partner with the public sector: with local councils and thousands of schools to improve connectivity in communities and support learning, and with the emergency services to enable them to efficiently perform their life-saving skills.
We’re part of the Virgin Media group, the UK’s first provider of all four broadband, TV, mobile phone and home phone services. Virgin Media is a part of Liberty Global, the world’s largest international cable company. Together Virgin Media and Liberty Global serve more than 59 million subscribers in more than 30 countries - connecting people to the digital world and enabling them to discover and experience its endless possibilities.
The company’s dedicated, ultrafast network delivers the fastest widely available broadband speeds to homes and businesses. We’re expanding this through our £3 billion Project Lightning programme, which will result in a total of 17 million premises connected to our network.
For all press enquries, please contact the Virgin Media PR team.
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Virgin Media is part of Liberty Global, the world’s largest international cable company. Together we serve 27 million customers across 14 countries.
We support entrepreneurs, businesses and the public sector, delivering the fastest widely available broadband speeds and a complete digital platform packed with next-generation products, applications and services.
With our £3bn Project Lightning programme we aim to reach 17 million premises by 2019, including the UK’s most under-served areas.