The 1bn university challenge a new vision for procurement
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The £1bn University Challenge A New Vision for Procurement. Professor Nick Petford Vice Chancellor, The University of Northampton Northampton : Number 1 for Social Enterprise. Northampton : Why Social Enterprise?. Transformation of UK public sector

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The £1bn University Challenge A New Vision for Procurement

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The 1bn university challenge a new vision for procurement

The £1bn University ChallengeA New Vision for Procurement

Professor Nick Petford

Vice Chancellor, The University of Northampton

Northampton : Number 1 for Social Enterprise


Northampton why social enterprise

Northampton : Why Social Enterprise?

  • Transformation of UK public sector

  • Large and growing – but lack of professionalism in many areas

  • Non-party political

  • Not degree subject specific – relevant to all students

  • Differentiates Northampton

  • A unique and high quality student experience

  • ‘T Shaped’ students – highly employable


Three core values

Three core values

  • Unique, high quality student experience : theoretical and practical competence

  • Entrepreneurialism and enterprise

  • Social inclusion and a fairer society


1bn university challenge

£1bn University Challenge

  • Social enterprises struggle to become public sector suppliers

  • UK universities procurement budget c £7bn p.a.

  • Challenge = spend £1bn p.a. with social enterprises by 2015

  • Universities take the lead, set the example, a route into public sector contracts

  • Social enterprise sector has incentive to grow

  • Investors have incentive to invest in social enterprises


Being at the centre of the triangle

Being at the Centre of the Triangle

Public Sector

£1bn University Challenge

Investors

Social Enterprises


Delivering the challenge

Delivering the Challenge

  • Inspire2Enterprise and Bates Wells and Braithwaite programme for procurement managers

  • Support from all key University groups – UUK, hefce

  • Support from Social Enterprise UK

  • Inspire2Enterprise record progress towards meeting the Challenge

  • Joint research projects


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