FEO Creates 1600 jobs in 2016

We’re celebrating a hugely successful year for our programmes and events, as we strive to encourage the city’s business boom and ensure the region’s golden hour continues to create wealth and employment.

FEO’s members, all of whom are owners of local businesses, created over 1,600 new jobs over the course of 2016. This stretches the total number of people we employ to 19,000, a massive contribution to prosperity and optimism around Hull’s business community as the city welcomes the world to the UK City of Culture 2017.

Set to be the most important year in the city’s history, 2017 will see FEO continue its work in developing Hull’s business boom, as national attention on the region is already hitting unprecedented levels.

It was very important we hit the ground running in 2017, laying the foundations for Hull’s economic success to go further than ever before. We’re delighted that FEO is playing its part in creating so many success stories from businesses of all shapes and sizes – with Hull’s renowned quirkiness and diversity certainly shining in our business community. FEO is also developing something very special for later in 2017, so watch this space!

FEO’s range of entrepreneur-led programmes and events give local business owners the unique opportunity to offer their expertise and experience to others while also enjoying the benefits that peer-to-peer support and mentoring provides. The collective aim is that, working together, Hull’s entrepreneurs will bring about greater wealth and employment in the region.

Over 2,000 members of Hull’s business community benefitted from our events and programmes over the course of 2016, with a staggering 5,000 hours volunteered by their members. Mentoring will continue throughout 2017, with over 150 of the city’s entrepreneurs active participants in this voluntary scheme.

FEO Programmes range from ignition, a course of evening workshops designed to help startups kickstart their business; to FEO360, a series of self-help seminars for small business owners to examine and improve critical areas of their personal and business performance. FEO’s Step Change for Growth programme meanwhile challenges ambitious owners of high growth businesses to ‘let go to grow’, whilst their popular Entrepreneurship Masterclasses run in schools and colleges opens students’ eyes to the real life opportunities, risks and rewards of being self-employed. All FEO programmes are offered free and have rapidly grown in popularity over the last few years.

A vital source of support in FEO’s bid to drive Hull’s economic success lies with their seven Key Partners, which include Cranswick plc, Gosschalks, Hugh Rice, KCOM, Lloyds Bank, Smailes Goldie and Strawberry. These major names of local business offer both financial assistance as well as their support in providing venues, expertise and other resources, passionately sharing the aim of FEO to ensure Hull’s business boom reaches its potential.

David Kilburn, FEO founding member and Executive Chairman of Hull-based MKM Building Supplies, commented: “In 2017, Hull’s year in the spotlight offers a wonderful platform for both startups and established businesses to take great steps forward, taking full advantage of the city’s newfound opportunities. This really is our time, and it’s vital that our business community take the initiative wherever possible to strengthen Hull’s economy for many years to come.”

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