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The £1bn University Challenge A New Vision for Procurement

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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  1. The £1bn University ChallengeA New Vision for Procurement Professor Nick Petford Vice Chancellor, The University of Northampton Northampton : Number 1 for Social Enterprise

  2. 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

  3. Three core values • Unique, high quality student experience : theoretical and practical competence • Entrepreneurialism and enterprise • Social inclusion and a fairer society

  4. £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

  5. Being at the Centre of the Triangle Public Sector £1bn University Challenge Investors Social Enterprises

  6. 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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