This inaugural lecture will explore the profound impact of small businesses on the economic and social fabric of local, regional, and national communities. It will highlight how these enterprises act as engines of growth, fostering innovation, creating jobs, and driving economic resilience.
Beyond their economic contributions, the lecture will delve into the pivotal role small businesses play in shaping vibrant, cohesive communities by supporting local networks, preserving cultural identities, and enhancing social capital.
Drawing on research and practical examples, the talk will emphasise the need for targeted policies and collaborative strategies to empower small businesses as a cornerstone of sustainable development. It will argue that investing in small enterprises is not just about economic growth but about building stronger, more inclusive communities for the future.
Tom Williamson is a Professor of Small Business and Entrepreneurship. His research specifically explores the role of universities in providing support to Start-Ups, SMEs, and Entrepreneurs.
As a practitioner Tom has previously sat on, and chaired, the Board of EEUK and served as a management board member of the Small Business Charter. Tom is a member of the Steering Board for The Lilac Review, an independent government backed review, tackling the inequality faced by Disabled founders and aiming to level-up entrepreneurial opportunity across the UK. He is a small business owner and has been involved in many start-ups further highlighting his interest and commitment to the enhancement of education by closely engaging with Industry and entrepreneurs.
He completed his PhD (Entrepreneurship) in 2015 entitled, “To what extent can universities create a sustainable system to support MSMEs? A focus on the West Midlands region.”
This event will be followed by a free drinks reception.