Support for UK Student Enterprise Societies

Minister for Business and Enterprise Mark Prisk recently revealed some fantastic news for NACUE.

The Minister announced initial government funding of £500,000 to help NACUE stimulate young enterprise and support a new wave of student entrepreneurs at a time when graduate jobs are at an all-time low.  He said, “We want to grow the next generation of entrepreneurs by ensuring that young people get hands-on experience of enterprise at college and university."

The news heralds our nationwide initiative to give every college and university student in England access to an enterprise society by 2015.

The programme will be rolled out by NACUE with the support of the Department for Business Innovation & Skills (BIS) and the guidance of a BIS-appointed steering committee, which includes the National Centre for Entrepreneurship in Education (NCEE), UCL, the Association of Colleges, the Institute for Small Business & Entrepreneurship, and Enterprise Educators UK.

To kick-start the roll out of the enterprise society model, NACUE will set up an Enterprise Society Innovation Fund with awards of up to £8,000 for student-led societies to match any private sector investments they secure.

NACUE can now bring enterprise societies to every student in England, EnterpriseUpfront will keep you updated as the project develops.