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... »

Recession Fails to Deter Start-ups

The number of newly established business owners and those trying to start a business increased between 2002 and 2009, despite the recession, the Global Entrepreneurship Monitor has found. The report from the Hunter Centre for Entrepreneurship at Strathclyde University, which surveyed 170,000 adults globally, found that 5.8% of UK adults were either starting a business or running a firm less than 42 months old in mid-2009. This compared with 5.5% in 2007 and 5.4% in 2002. “It’s surprising that new business has been maintained, but in the recession a lot of people lost their jobs and took the chance to create their own business,” said report author, Jonathan Levie.  “Another factor is that resources are relatively cheap, so there are buildings available at low rental costs ... »

First European small business week planned

The first ever European SME Week will be held next year to highlight the business support that is available to entrepreneurs in Europe. Organised by the European Commission, European SME Week will run from 6–14 May 2009, and include a range of events in participating countries. Activities will range from conferences, trade fairs and workshops to competitions, art performances and networking sessions, all aimed at encouraging small businesses and aspiring entrepreneurs. Each event will focus on specific topics relevant to small firms, such as innovation, funding opportunities, tax, legal issues and business strategy. European Commission enterprise and industry deputy director–general, Françoise Le Bail said. “SME week is all about putting entrepreneurship in the spo... »

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... »

Entrepreneurship Cannot be Taught say Small Firms

67% of small business owners believe that entrepreneurial skills cannot be taught, according to research by UK Business Forums. Whilst many respondents to the survey believed that general business skills like time management, negotiaition and sales & marketing can be taught, the majority of business owners believe that the finer entrepreneurial skills such as focus, self-sacrifice, risk-taking and making money are more inherent and that successful businesspeople are born with these talents. Dan Martin, the chairman of UK Business Forums, said: "It is clear from our survey that entrepreneurs are firmly of the belief that while the basic of business can be taught in the classroom, when it actually comes to being a proper entrepreneur, these are skills which are natural and cannot be... »