Record Levels of Entrepreneurship in English Universities

A survey of enterprise and entrepreneurship in English universities has been published by the National Council for Graduate Entrepreneurship (NCGE). With a 92% response rate the survey of 126 institutions represents 1.8million students. The results are compared with those from the last survey which was carried out in 2007. This bi-annual survey by NCGE shows that since 2007: Higher Education Institutions (HEIs) have become more enterprising with most institutions now committed to it through their mission statements The student engagement rate in enterprise and entrepreneurship has risen by nearly 50% The level of start-ups has increased to an average of 28 per HEI, representing an increase of 27% These results were achieved despite the fact that there was no additional public funding for t... »

Enterprise Among the Over 55s

Enterprise Among the Over 55s

Small Business News – 20th February 2009 Business Link’s latest Hot Topic report, Enterprise among the over 55s, focuses on business owners and managers aged 55 and over. The Regional Economic Strategy recognises the contribution these people can make to the productivity of the economy especially as the population ages. The report found that: Owners and managers aged over 55 account for almost a third (30%) of SMEs in the region. The majority (68%) of 55+ businesses have been trading for more than 10 years. For 53% of this age group using or keeping up with technology can be particularly challenging. Businesses led by 55+ entrepreneurs that have been operating for less than 10 years, are more likely to have experienced, and to expect growth, than companies that have been runnin... »

Enterprise Week 2008

Get involved in Enterprise Week

Aspiring entrepreneurs and businesses are being urged to get involved in this year’s Enterprise Week, the annual celebration of enterprise that aims to inspire people under 30 to turn their business ideas into reality. Taking place between 17 and 23 November, the UK’s events are part of the first ever Global Entrepreneurship Week, in which more than 75 countries worldwide are participating, with events, competitions and networking sessions. Businesses are being encouraged to run their own events to help develop creativity and enterprise in the workplace. These might include employee recognition schemes, internal competitions and community involvement schemes. Organisers’ events during the week include Speed Network the Globe, a large–scale networking session in Lond... »

Peter Jones, Dragon's Den

Skills Academy launched to help Young Entrepreneurs

The Government has unveiled details of a new National Skills Academy (NSA) for Enterprise which is aiming to equip young people with the skills to set up in business. The new academy will be launched early in 2009 and will be headed by Peter Jones from the BBC television programme Dragons’ Den. The NSA for Enterprise will deliver the UK’s first NVQ level two and three qualifications in enterprise and entrepreneurship, with courses designed by employers and training specialists. It is expected to deliver vocational courses to 11,000 young people aged 16 to 19 within its first three years, offering training on–site, online and at a variety of dedicated NSA colleges to equip them to work for businesses or set up their own. Established businesses will also be able to take adv... »

Enterprise Investment Scheme

The Enterprise Investment Scheme offers generous income tax and capital gains tax reliefs to investors in certain companies. The reliefs are available to ‘qualifying individuals’ who subscribe for ‘eligible shares’ in ‘qualifying companies’ undertaking ‘a qualifying business activity’. The regime is currently under review, but the consultation is ongoing. What are the investment limits? Individuals may invest any amount in Enterprise Investment Scheme shares. However, only the first £400,000 invested in any one tax year (£200,000 prior to the tax year 2006/07) will qualify for income tax relief and capital gains tax (CGT) exemption. For this purpose a husband and wife are treated separately. Individuals must subscribe a minimum of... »