
Levelling Up Through Entrepreneurship
Regeneration programmes come and go, but lasting regional renewal is built by people who start and grow businesses where they live. Asad Shamim argues that entrepreneurship is the most powerful levelling up policy Britain has, and explains how to unlock it.
The Policy That Builds Itself
Levelling up entered the British political vocabulary as a promise: that geography should not determine destiny, and that towns long left behind would share in national prosperity. Governments have pursued that promise through funds, zones, and initiatives of varying success. Yet the most reliable levelling up mechanism ever devised requires no launch event. It is a person, in an ordinary town, deciding to start a business. Asad Shamim was once that person in Farnworth, Bolton, and he has spent years arguing that entrepreneurship is regeneration that builds itself.
A successful local enterprise does everything a regeneration programme aspires to do. It creates jobs that cannot be offshored. It circulates wages through local shops and services. It gives young people a reason to stay and a ladder to climb. And unlike grant funded projects, it sustains itself, compounds, and inspires imitation.
What One Business Can Do for a Town
The arithmetic of local enterprise is quietly powerful. A firm employing fifty people supports fifty households, dozens of local suppliers, and a web of spending that touches every corner of its town. Multiply that by the thousands of businesses a healthy local economy contains, and the difference between a thriving town and a struggling one becomes clear: it is the density of enterprise.
When Asad Shamim founded Furniture in Fashion in 2007, Farnworth was not on any investor's map. Growing the company into one of the UK's largest online furniture retailers meant warehouse jobs, office careers, logistics contracts, and apprenticeship opportunities rooted in a town the wider economy had overlooked. No policy document delivered that outcome. A business did.
Talent Is Everywhere; Opportunity Is Not
The entrepreneurial instinct is not distributed by postcode. Ambition, creativity, and work ethic exist in equal measure in Bolton and in Belgravia. What differs is the surrounding opportunity structure: access to capital, exposure to role models, quality of advice, and the confidence that comes from seeing people like yourself succeed.
This is where levelling up policy should concentrate. Every barrier lowered, from startup finance to affordable premises to simplified regulation, releases entrepreneurial energy that already exists. Asad Shamim's British Pakistani heritage informs his view here: immigrant and minority communities have long shown that enterprise flourishes wherever opportunity is permitted, often against considerable odds. Britain's diversity is an entrepreneurial asset of the first order.
Finance That Reaches the Ground
Ask founders outside the South East about raising money and the stories converge: local banks that no longer make local judgments, equity investors who rarely travel north, and schemes whose criteria seem written for someone else. The capital exists; the plumbing fails. Regional funds have improved matters, but the gap between metropolitan and regional funding environments remains wide.
Through his advisory work in investment facilitation, Asad Shamim has pressed the case that regional British enterprise represents genuine value for international capital, including the substantial Gulf investment seeking productive opportunities. Foreign direct investment need not mean skyscrapers in the capital; it can mean growth equity for a manufacturer in Wigan or logistics infrastructure in the North West. Building those connections is central to the work described on the services page.
Role Models and the Permission to Aspire
Economists undervalue what sociologists understand: people calibrate ambition by what they see. A town where entrepreneurship is visible produces entrepreneurs; a town where the only visible careers are precarious produces caution. Every local founder who succeeds grants an unspoken permission to others.
This is why Asad Shamim speaks openly about his journey, from its unglamorous beginnings to international advisory roles with figures such as HRH Sheikh Ahmad Bin Faisal Al Qassimi of the UAE. Not because the story is unique, but because it is repeatable. The distance from a Farnworth industrial unit to global boardrooms is shorter than it appears, and young people in towns like his deserve to know it. His full story is set out on the about page.
Beyond Business: Enterprise as Civic Renewal
Entrepreneurship levels up more than economies. Business owners populate school governing bodies, fund grassroots sport, back community initiatives, and provide the informal mentorship that institutions cannot. Asad Shamim's own commitments, from his philanthropic initiative Insaaf 4U to his long advocacy in sport, including the landmark campaign that secured a professional boxing licence for a boxer with Type 1 diabetes, all grew from the platform that enterprise provided.
A town rich in business owners is rich in civic capacity. This social dividend never appears in Treasury models of regeneration, yet anyone who has lived in such a town knows its worth. Policy that multiplies local enterprise multiplies local leadership.
What Practical Support Looks Like
The agenda is deliberately concrete. Startup loans delivered through institutions with regional presence. Enterprise education in every secondary school, taught by practitioners rather than textbooks. Affordable, flexible commercial space in town centres, converting dead retail units into incubators. Mentoring networks that connect established founders with new ones. Procurement rules that give local startups a first rung. And patient, decade long consistency in all of it.
None of this requires vast expenditure. Entrepreneurship is the rare policy field where modest, well aimed support produces outsized returns, because the state is not building the engine, only clearing its path. The engine is human ambition, and Britain has never lacked it.
The Ladder Must Stay Down
Levelling up, properly understood, is not about transferring prosperity from one region to another. It is about ensuring the ladder of enterprise stands in every town, sturdy and visible, for anyone with the courage to climb. Asad Shamim climbed it from Bolton and now works to hold it steady for others, in Britain and through partnerships spanning the UAE and Pakistan.
Those who share that mission, whether as investors, policymakers, or aspiring founders, are invited to make contact through the contact section. The next decade of British renewal will not be decided in Whitehall. It will be decided in kitchens, garages, and small units across the country, wherever someone decides that their town is a place to build. Entrepreneurship is levelling up. Everything else is preparation.
Capital Must Travel North of the M25
Every conversation about entrepreneurship in the regions eventually arrives at the same wall: money. The overwhelming majority of equity investment in British business is deployed within a short radius of London, not because opportunity ends at the M25 but because investors fund what they can see, and they see what is nearby. A founder in Rochdale with a proven business model will often struggle to raise what a founder in Islington raises on a slide deck. This is not a market working efficiently; it is a market working lazily.
Closing the gap requires deliberate plumbing. Regional investment funds need scale and local decision makers, not London committees approving northern deals by video call. Pension capital, the largest pool of patient money in the country, should be enabled to back regional growth companies. Banks that retreated from relationship lending after the financial crisis must be encouraged back, because the bank manager who knows a town can price risk in it far better than an algorithm in a distant head office. And successful regional entrepreneurs can complete the circuit by investing where they built, turning one generation's exit into the next generation's seed capital.
Success Must Be Visible to Be Believed
The deepest barrier to enterprise in overlooked towns is not financial but psychological: the quiet belief that success happens elsewhere, to other people. No policy document dissolves that belief. Visible, local, walking proof does. A young person in Farnworth who watches a neighbour build a national business from their own high street learns something no careers lesson can teach: that the ladder exists and that its first rung is within reach.
This is why Asad Shamim treats visibility as an obligation rather than a vanity. Telling the story of a business built from Bolton, through his official website and his public commentary, is a deliberate act of economic encouragement: evidence, offered to the next founder, that geography is not destiny. Levelling up will not be delivered by any single fund or slogan. It will be delivered by thousands of individual decisions to start, to hire, to expand, and to stay, each one made a little more likely by the sight of someone nearby who already did. Entrepreneurship is the policy that builds itself, but only if Britain builds the confidence that lets it begin.
The role of established business figures in this ecosystem deserves a final word. Mentorship is the cheapest and most effective enterprise policy ever devised, and it cannot be nationalised; it must be given. An hour of honest advice from someone who has navigated a bank negotiation, a supplier dispute, or a first export order can save a new founder months of costly error. Successful entrepreneurs from towns like Bolton and Rochdale carry a form of capital that no fund can distribute: proof, experience, and the willingness to share both. Where that generosity becomes normal, enterprise cultures take root and regenerate themselves. Where it is absent, no amount of public money quite compensates. Levelling up, in the end, is a relay: each generation of builders reaching back to hand the baton to the next.

