New chief executive at Eastern Enterprise Hub

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The Eastern Enterprise hub which since it started in 2011 has helped enterpreneurs create 71 businesses, with a combined turnover of , has a new chief executive.

Simon Mead takes over from interim CEO Andrea Davies.

Mr Mead said: “The Eastern Enterprise Hub represents all that is important about the changes that people face today.

“Now more than ever, we have a culture where people are increasingly

self-reliant or want to go out on their own, as Start-up Business or even as a Social Entrepreneur – whatever the sector, education and encouragement are key to these early stage enterprises.

“As an entrepreneur you recognise the value of finding a good mentor, somebody who has been there before you, and whilst not solving all your challenges can certainly help you avoid the pit falls and sign post you the right way.”

Mr Mead is An experienced finance leader with a strong sales and marketing background. He has held senior management and CEO positions in a number of different business sectors including hi-tech, on-line, media sales, broadcast, financial services, public services and charities.

Most recently, he worked for consultants Heaton Camillo specialising in financial planning and how a business is prepared and presented to potential investors or lenders.

He brings a vast amount of specialist experience in handling company sales, MBO’s and significantly assisting the performance of early stage and scale up businesses.

Harry Berry, Chairman, Eastern Enterprise Hub commented: “I am delighted that we have been able to appoint someone with Simon’s experience and specialist skill set as our new Chief Executive.

“He is a seasoned entrepreneur who has set up, run and invested in many successful businesses. 
“He has worked for a number of blue chip companies including France Telecom and Thames TV but also clearly understands the challenges faced by entrepreneurs, especially given his role as founding Director of E*TRADE. “He has significantly increased the scale of many of the businesses he has worked with, supporting them in securing major funding and investment.

“Simon has demonstrated the ability and passion to make a business better – this focus will be invaluable in the EE Hub’s aim to provide crucial support for early stage businesses across the East.”

The hub in Ipswich runs initiatives to help start up businesses including the School for Social Enterpreneurs.