Everything you need to know about the Birmingham pound

Graham Woodruff - Bristol Pound

A free event to explore the economic implications for city businesses of a proposed Birmingham Pound is set to take place on Small Business Saturday/December 5.

The day-long Enterprise Nation event at the Library of Birmingham will unveil how the Birmingham Pound could look and work, as well as hearing from the man behind the successful Bristol Pound – which has already generated thousands for its local economy.

The event will also offer a packed programme of informative sessions for small businesses from experts like Google Garage and successful entrepreneurs like Simon Topman, MBE,  who have already been there and done that on topics ranging from marketing to how to get hold of free business software.

Organiser and Enterprise Nation West Midlands champion Debbie Assinder said: “The Bristol Pound delivered a massive boost to local businesses by ploughing more locally-generated cash back into the local economy.

“Could a scheme like that work in Birmingham, the city with the biggest start-up rate outside of London? We’ve pulled together some experts to discuss this and with the help of Birmingham branding agency ORB, we’ll even be able to get an idea about how it could look.

“There’ll also be a chance to learn new skills to help entrepreneurs take their businesses to the next level.”

The day kicks off at 11.15am with Birmingham Library’s entrepreneur in residence Simon Topman with a masterclass covering manufacturing, marketing and exporting.

At 12.45pm the event moves into a discussion with Bristol Pound technical director Graham Woodruff and members of the Birmingham Pound Group. They will describe the successes of the sterling-backed Bristol currency that can only be spent with locally-owned businesses and organisations there, and discuss what it could do for Birmingham.

In the afternoon session PR and digital consultant Chris Brown of Barques PR will deliver top PR bootstrapping tips and tricks followed by a session from the Library of Birmingham’s business support officer, Chris Hoare on how open software can keep tech costs low for small firms.

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