Helping business start-ups is a rewarding activity for many retired entrepreneurs and (since selling his own company) it has even become the principal activity for Derek Barr, a business angel with a keen interest in early-stage ventures. Having grown his own specialist engineering concern into an international business, with turnover of £25 million, he sold out to international engineering group GEA in 1996.

Barr has vast experience in training and developing successful executives and his involvement with the London Business School Entrepreneurship Summer School goes right back to the beginning. He has seen the Summer School change in form and scope to what it is today. For him, however, one key part of the programme has not changed – namely the role of mentors.

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