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Nursery group's founder in line for enterprise award

Isabel Ridley, the founder and managing director of Edinburgh-based nursery group Careshare, has been nominated for the 2001 Entrepreneur of the Year Awards. Ms Ridley founded Careshare to provide daycare for pre-school children and out-of-school care in 1989. The group now has ten units and aims to dominate not only Scotland but also to move into childcare in the north-east of England.

Ms Ridley founded Careshare to provide daycare for pre-school children and out-of-school care in 1989. The group now has ten units and aims to dominate not only Scotland but also to move into childcare in the north-east of England.

Ms Ridley says she aspires to make the group one of the UK's top three and has secured 11.5m funding from venture capitalists 3i to further her ambitions.

She founded the group following a career in personnel management. On returning to Britain after a stint working in America, she was inspired to set up a nursery group by the lack of provision for her own children. She was also influenced by having seen how childcare services are run in the US, where the private nursery market is older and more established than in the UK. Careshare has adopted a US style of management, with a centrally managed administration department and regular contact between centre managers.

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