Date: 2nd December 2009
Abingdon, United Kingdom, 2nd December 2009 – Conduit Partners Limited, the UK’s leading specialist in business-building and turnaround programmes for early-stage companies and SMEs, today announces the launch of a new commercial breakthrough service designed to help early-stage businesses and SMEs in the UK stabilise and thrive in the current challenging economic conditions. Conduit’s new “Align and Accelerate” programme is a special package of business support services focused on helping early-stage ventures and SMEs to quickly achieve stability and generate rapid revenue and profit breakthroughs. The UK launch follows exceptional results from a similar Conduit programme which has successfully been delivered to businesses in Scotland.
Working in ongoing partnership with Scottish Enterprise, Scotland’s enterprise, innovation and investment agency, Conduit Partners has helped a number of Scottish companies to generate additional sales revenue and build their product Marketing and Sales capabilities. During its initial one-year trial, from March 2008 to March 2009, Conduit’s Commercial Breakthrough Service achieved 178 per cent of target in adverse market conditions, generating £900K in actual revenues with weighted forecasts of over £12M of sales for the next 3 years. As a result of its success, Conduit’s contract with Scottish Enterprise has been extended to a three-year programme, with the aim to provide transformative expertise and support to at least ten companies per year. Now, with the launch of the new “Align and Accelerate” programme, Conduit is looking to extend the benefits to Regional Development Agencies, regional funds, early-stage businesses and SMEs across the UK.
Conduit’s new “Align and Accelerate” service is a high impact business breakthrough programme that delivers rapid results, typically via a three-month action plan. Focus areas include a business diagnostic workshop, product/solution offer development, financial planning and restructuring, validated market engagement, pipeline review and account planning, and initial customer engagement. The programme is practical and individually tailored to provide businesses with the support and strategies to resolve key business challenges, including the loss of a major account, unfavourable exchange rates and supply chain issues. The overarching programme objective is to enable businesses to shorten sales cycles, achieve rapid breakthroughs in revenue generation, and provide an actionable framework for stability, profitability, and long-term success.
Conduit Partners CEO Jon Treanor explains: “Right now, businesses across the UK are facing a hostile economic environment that brings unprecedented challenges, whether that is exchange rates crippling margins or the consequences of a major supplier going bust. Our “Align and Accelerate” programme quickly identifies the cause and effect of every key issue within the company and delivers the action plan to align businesses for stability, and accelerate routes to customer engagement and revenue. The success of our ongoing programme in Scotland amply demonstrates the value of our approach and we look forward to helping regionally-supported and independent businesses throughout the UK transform their commercial prospects and position for long-term success.”
Conduit Partners delivers a full range of commercialisation service and support for early-stage companies and SMEs, including proof of market assessment, IP landscaping and freedom to operate reports, and revenue breakthrough services. From business-building to business turnaround, Conduit Partners offers proven, practical programmes that unlock the value from visionary IP, create sustainable competitive advantage, and successfully connect companies to their markets. Conduit Partners, in partnership with QinetiQ, is an appointed Carbon Trust Incubator Partner helping early-stage low carbon businesses to exploit their potential and attract private investment.
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About Conduit Partners (www.conduitpartners.co.uk)
Conduit Partners Limited is the UK’s leading specialist in business-building programmes for early-stage companies and SMEs.
From business-building to business breakthrough services, Conduit Partners offers proven, practical programmes that help to unlock the value from visionary IP, create sustainable competitive advantage, and successfully connect companies to their markets.
Since its founding in 2002, Conduit Partners has delivered its full range of commercialisation consultancy and support services to leading organisations including QinetiQ, Forensic Science Service, Consensus Business Group, Finance Wales, BAE SYSTEMS, Merseyside Special Investment Fund, Invest Northern Ireland and Scottish Enterprise.
Conduit has delivered over 150 workshops to universities in the UK, and its management team was behind the early success of Celoxica, at the time one of the UK’s most successful university technology spin-out companies.
Conduitpartners [at] evokedset [dot] com
Phone: +44 844 870 8025