One of the first founders to join as a Thrive+ member was Lau Moracchini.
Lau is Founder of The Creative Upcycler, a purpose-led, commercially driven social enterprise on a mission to help reduce the amount of wood and metal waste going to landfill. Lau is an eco-friendly woodworker, jewellery designer and maker based in Brighton, who collects salvaged, reclaimed wood and other sustainable materials from cabinet makers, shops, building sites, recycling yards, skips and fly tipping to make a unique range of professional, wooden jewellery and rustic objects for the home and garden.
Silicon Valley entrepreneur, Steve Blank, famously said, ‘No plan survives first contact with customers’. Whilst the feedback from The Thrive Effect’s new digital platform has been really encouraging, I have taken a moment to revisit our business model and reposition slightly.
I am delighted to announce that The Thrive Effect is a purpose-led membership organisation for female founders in Sussex who want to grow a thriving small business.
On International Women's Day 2019, The Thrive Effect and Barclays Eagle Lab (Brighton) partnered up to host their first Female Founder Business Brunchin'. The feedback from the attendees was so encouraging that we have decided to host our Female Founder Business Brunchin' every quarter!
So, join us at Barclays Eagle Lab (Brighton) for our second Female Founder Business Brunchin' on Friday, 21 June from 11am to 1pm when we will hear the stories of business growth from two founders working in the food and drinks industry: Kathy Caton of Brighton Gin and Stacie Stewart of Eat Naked.
The latest reports on female entrepreneurship don't make an encouraging read. The most recent business statistics from the government have found that only one fifth of Small and Medium-Sized Enterprises (SMEs) were owned or led by women in 2017. Statistics from the Global Entrepreneurship Monitor Report (2017) don't paint a brighter picture either. In the UK, the Total Early-Stage Entrepreneurial Activity (TEA) rate in 2017 was 5.6%, compared to the male rate of 11.9%. In other words, men are twice as likely as women to set up a business. The statistics about private investment are equally worrying. Research by Innovate UK has found that men are 86% more likely to receive private investment than women.
I am a proud European, and I relish international encounters, so when the opportunity came up to take part in the Startup Cruise (Newhaven-Dieppe), I didn’t hesitate in booking my seat.
Organised by Graham Precey and Mark Beaumont, Co-Founders of Newhaven Regeneration Group, in partnership with Normandy Ecospace, last Thursday, 4 April, I found myself with 40 other UK-based entrepreneurs on board the DFDS ferry ‘Seven Sisters’ – exploring the innovation and growth potential of my social enterprise, The Thrive Effect.