TORCH is a business advisory service designed to speed up data-driven innovation and change, whilst encouraging collaborations between businesses. It enables clients who have developed a data strategy to overcome the challenges of starting new data projects.
This service allows businesses to trial and become successful with data technologies through engagement with The Data Lab experts and qualified supplier organisations.
TORCH addresses the following topics:
- understanding how your business objective could be achieved
- what efforts would be required
- choosing appropriate tools and skills
- finding suitable vendors
Every business gathers data in some form, and this can be gathered on a daily basis. A data strategy can be used to gather insights and help develop your business. Think of your data strategy as a road map, highlighting the direction you must travel to achieve your goals – whatever they may be.
Help to Grow your business
Small business leaders can now register their interest in Help to Grow Management, a 12 week-programme delivered by leading business schools across the UK. Designed to be manageable alongside full-time work, this programme will support small business leaders to develop their strategic skills with key modules covering financial management, innovation and digital adoption.
Who is it for?
UK businesses from any sector that have been operating for more than 1 year, with between 5 to 249 employees are eligible.
The participant should be a decision-maker or member of the senior management team within the business e.g. Chief Executive, Finance Director, etc. Charities are not eligible.