Renown entrepreneur to help Peterborough businesses to close productivity gap

Penny Power.
Penny Power.
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A renown entrepreneur will provide insights for Peterborough business leaders on using the internet to build productivity and tackle the loneliness faced by the self-employed.

Penny Power, who set up the UK’s first social network for businesses, Ecademy, in 1998, will address city economic development company Opportunity Peterborough’s bondholder breakfast on December 12 at the Van Hage Garden Centre.

She is at the forefront of plans to launch The Business Café in Peterborough through a £350,000 crowdfunding appeal.

The Business Cafe will help small businesses share ideas, network get additional free support for digital projects from the programme’s backers, such as 9Spokes, Vonage, O2, Yell, Sage, Xero, FreeAgent and ReceiptBank.

She said: “Productivity has declined in recent years. We should be doing all we can to support these businesses and founders to grow and be successful so I’m delighted to be sharing my tips with Peterborough’s ambitious companies.”

Steve Bowyer, chief executive of Opportunity Peterborough said, “We’re extremely pleased to have Penny sharing her expertise with our Bondholder members and to know that Peterborough will be the launch site of her exciting new project, The Business Cafe.

“Peterborough is still performing well economically and attracting a very healthy level of inward investment but productivity could still be higher so it’s important that we support the city’s burgeoning enterprises.”

For more information about the event and the Bondholder Network, visit