The APPG for Entrepreneurship and finnCap invite you to join us for the launch of our report ‘Education Entrepreneurship’, which explores how the government can help equip young people with the skills to start, run, and grow a business, or have the skills to work in an entrepreneurial company.
Research Summary
There is a major untapped opportunity to equip young people with the skills to start, run, and grow a business. Over half (51%) of young people in the UK have thought about starting (or already have started) a business, yet 70% believe ‘not knowing where to start’ is a key barrier to following through.
There is also a dearth of inspiring role models: when asked, 57% of young people could not name an entrepreneur who inspires them. Young people are more likely to consider starting or have started a company if they are attending (65%) or have graduated from university (63%) compared to 18-25 year olds who haven’t attended university (53%).
Exposure to entrepreneurship is a key driver of entrepreneurial intention. Young people who have thought about starting or started a company are more likely to have a family member or friend who is a business owner (57% vs 47% who have not thought about it) and seven in ten (68%) say that having a family member or friend who is an entrepreneur has made them more likely to consider starting a business.
You will need a formal invitation to be admitted to the House of Lords. Advisers & Supporters should email events@tenentrepreneurs.org to confirm your attendance. A calendar invite will then be sent to you with all the details. Everyone else can request a place here.