Hull-based entrepreneurial network, For Entrepreneurs Only (FEO), is celebrating a hugely successful year for its programmes and events, as the city’s business community continues to boom.
FEO’s members, all of whom are owners of local businesses, created over 1,600 new jobs over the course of 2016. This stretches the total number of people they employ to 19,000, a massive contribution to prosperity and optimism around Hull’s business community as the city welcomes the world to the UK City of Culture 2017.
Set to be the most important year in the city’s history, 2017 will see FEO continue its work in developing Hull’s business boom, as national attention on the region is already hitting unprecedented levels.
Chief executive Jan Brumby said: “It was very important we hit the ground running in 2017, laying the foundations for Hull’s economic success to go further than ever before. I’m delighted that FEO is playing its part in creating so many success stories from businesses of all shapes and sizes – with Hull’s renowned quirkiness and diversity certainly shining in our business community. FEO is also developing something very special for later in 2017, so watch this space!”
FEO’s range of entrepreneur-led programmes and events give local business owners the unique opportunity to offer their expertise and experience to others while also enjoying the benefits that peer-to-peer support and mentoring provides. The collective aim is that, working together, Hull’s entrepreneurs will bring about greater wealth and employment in the region.
Over 2,000 members of Hull’s business community benefitted from FEO’s events and programmes over the course of 2016, with a staggering 5,000 hours volunteered by their members. Mentoring will continue throughout 2017, with over 150 of the city’s entrepreneurs active participants in this voluntary scheme.
FEO Programmes range from ignition, a course of evening workshops designed to help startups kickstart their business; to FEO360, a series of self-help seminars for small business owners to examine and improve critical areas of their personal and business performance.
David Kilburn, FEO founding member and executive chairman of Hull-based MKM Building Supplies, added: “In 2017, Hull’s year in the spotlight offers a wonderful platform for both startups and established businesses to take great steps forward, taking full advantage of the city’s newfound opportunities. This really is our time, and it’s vital that our business community take the initiative wherever possible to strengthen Hull’s economy for many years to come.”
FEO is a Community Interest Company, made up of like-minded entrepreneurs in Hull and East Yorkshire, and represents successful businesses of all sizes and sectors. The FEO members employ 19,000 people and contribute £3bn to the local economy each year. The group is passionate about improving the local economy through motivating, educating and passing on their valuable knowledge and experience to others.
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement