At TEG CIC we’ve been closely observing and admiring the approach taken by the BBC’s latest programme, “Make it at Market”. This innovative craft show not only celebrates the creativity and skill of amateur makers but also aligns perfectly with our ethos of nurturing talent into sustainable business models.
In “Make it at Market”, viewers are treated to a captivating journey where blacksmiths, glassblowers, weavers, and woodworkers transform their passions into profitable ventures under the guidance of expert mentors. These stories of transformation and success are not just heartwarming; they’re instructive and inspiring.
For the past three years, here at TEG CIC, we have been championing a similar cause through our monthly Retail Market in Whitehaven. Our initiative has been a nurturing ground for talent, helping ten businesses so far evolve from market stalls into full-fledged retail spaces. The overwhelming response we’ve received, evident from a waiting list of 60 eager businesses, is a testament to the latent potential waiting to be unlocked in the retail sector.
Our experience has shown us that with the right guidance and support, passionate individuals can turn their hobbies into sustainable businesses. This success isn’t just a victory for the individual entrepreneurs; it benefits the community and the economy at large. Sustainable retail models contribute to a vibrant, diverse, and resilient local economy, fostering innovation and job creation.
However, despite the clear benefits and our proven track record, such mentorship-led retail programmes are not as widespread as they should be. This gap in support is a missed opportunity for cities and communities. Through our work, we’ve seen firsthand the transformative impact that mentorship and practical support can have.
We believe it’s time to ask why more cities aren’t adopting retail mentorship programmes that nurture sustainable business models. Such initiatives are not just about business; they’re about community building, fostering creativity, and providing a platform for sustainable economic growth.
To the funding bodies and organisations dedicated to supporting startup retail businesses, we extend an invitation to consider the potential of these programmes. Investing in initiatives like ours isn’t just a financial decision; it’s a commitment to nurturing a vibrant, sustainable, and diverse retail landscape.
We at TEG CIC are proud to be at the forefront of this movement, but we know that our efforts alone aren’t enough. It takes a collective will and collaborative effort to bring about significant change. By supporting programmes that mentor budding entrepreneurs, we can create a ripple effect that benefits not just individuals but entire communities.
The success of “Make it at Market” and our own experiences with the Retail Market in Whitehaven are clear indicators of the potential that lies in mentorship-driven retail programmes. We urge funding bodies and other stakeholders to consider the immense value these initiatives bring. Together, we can build a future where sustainable retail business models are not the exception, but the norm, enriching our communities and economies in the process.
Do you know who we should approach or are someone that would like to know more, get in touch today.
Our mission continues to be to equip budding entrepreneurs and existing businesses with the tools and knowledge necessary for sustainable success.