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Latest News UK Government gives the green light for the apprenticeship for entrepreneurs scheme.

July 23rd 2015

The UK Department for Business, innovation and skills has granted the go ahead for the apprentice for entrepreneurs scheme, including a dedicated path for social entrepreneurs. – People running ventures that solve social problems and effect social change.

UK Government gives the green light for the apprenticeship for entrepreneurs scheme.

The apprenticeship program will be developed under the Trailblazer scheme, which recognizes that entrepreneurship is a viable career path, equipping individuals who are seeking to start up their own business or social venture with the key skills required to develop their entrepreneurial confidence.

Deutsche bank, Reason Digital, Talentino careers, Super Being Labs and Simply Do CIC are among the first 50 organisations to support the developing apprenticeship standard.

The group is supported by UnLtd – the UK’s home for social entrepreneurs and chaired by Alberto Masetti-Zannini from impact Hub King’s Cross. Employers recognizing the increasing support by government agencies have been quick to get involved. Newly registered businesses have soared from 484,224 in 2012 to an estimated 581,173 in 2014. Close to half (47%) of people aged 18-30 have a desire to start their own business.

With seven in ten prospective startups being influenced by social change, it is becoming increasingly apparent that the millennial culture in the UK has grown an appetite for making a positive impact on the world. Yet only a small percentage of these hopefuls actually get their business off the ground – lacking the key skills or confidence to succeed.

UnLtd CEO Cliff Prior said: “Entrepreneurship is fast becoming the new normal. UnLtd is committed to helping people who have entrepreneurial solutions for social problems to start well and thrive.

 

“This apprenticeship is a first step to creating a new way to join the ever more diverse and powerful movement of entrepreneurs for good, bringing social entrepreneurship into the mainstream – a viable career choice for anyone, no matter their background.”

 

And skills minister Nick Boles added: “Businesses must have their say in training tomorrow’s workforce. Giving employers the power to design apprenticeships means apprentices graduate with the skills they need for the job they want and businesses get the talent they need to grow.

“Young people on these programmes will have the opportunity to learn sought-after skills and enjoy a great start to a working life.”

 

All quotes have been sourced from TechCity News.

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