Vince Cable launches new Entrepreneurs' Forum
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
The announcement was made at the beginning of Global Entrepreneurship Week, seven days of events to boost enterprise and start-ups across the…
The announcement was made at the beginning of Global Entrepreneurship Week, seven days of events to boost enterprise and start-ups across the globe.
The forum is part of the Government’s agenda to engage with business people to hear their views on unleashing enterprise and encouraging entrepreneurship as an alternative career. The Business Secretary wants to break down the barriers that deter people from taking the leap into starting a business and encourage them to make a job, not take a job.
The ever-changing economic environment represents an incredible opportunity for those willing to take a risk, for small businesses to flourish and for innovations to drive growth and create jobs.
Up to 26 entrepreneurs will sit on the forum, including Jan Fletcher, Dawn Gibbins and Sarah Tremellen. They have been drawn together on the basis of experience they can bring to the development of enterprise policy. A significant proportion of the forum are women and increasing the rate of female entrepreneurs is one area the forum will be encouraged to look at.
Business Secretary Vince Cable said:
“People with the courage to start up a business will be crucial to driving the growth of the economy. Start-ups create jobs, stimulate innovation and provide a competitive spur to existing businesses to encourage them to increase their productivity. I am delighted with the quality of the membership of my new forum and look forward to bouncing ideas off them and hearing their views.”
The forum will meet around four times a year, with a flexible schedule according to the material to be discussed. The first meeting is expected to take place early in the new year.
Members were chosen on the basis of individual experience and advice they can provide on new business and enterprise policies.
The forum is just one of several ways in which the Business Secretary will hold dialogue with business. The forum will complement other groups, such as the Prime Minister’s Business Advisory Group; the Secretary of State’s Business Advisory Group; and the Small Business Economic Forum.
On 1 November the Government announced a range of initiatives to promote small business and enterprise. Lord Young was appointed as enterprise advisor to the Prime Minister to promote small business and entrepreneurship; initiatives to increase access to finance were unveiled and barriers to social tenants starting a business from their home were removed.
The Government has also announced an enterprise allowance scheme to encourage unemployed to become entrepreneurs.
Notes to editors:
The new forum will complement other major bodies attended by the Business Secretary.
The Prime Minister’s Business Advisory Group, which provides high level advice to the PM and senior Ministers on critical business and economic issues facing the UK;
The Secretary of State’s Business Advisory Group, which is an informal advisory board which aims to provide produce ideas covering the Department’s activities;
The Small Business Economic Forum provides for SMEs and their representatives to provide independent views to Ministers on Government economic policy relevant to enterprise and small business, and allows for engagement between Ministers, small business and the banking sector.
For further information on Global Entrepreneurship Week and for live blogging at the launch event on Monday 15 November from 10.00am, please visit http://www.bis.gov.uk/news/topstories/2010/Nov/global-entrepreneurship-week
For all information on Global Entrepreneurship Week events and further press material please visit http://www.gew.org.uk/
BIS’ online newsroom contains the latest press notices, speeches, as well as video and images for download. It also features an up to date list of BIS press office contacts. See http://www.bis.gov.uk/newsroom for more information.
Notes to Editors
Name BIS Press Office Job Title
Division COI Phone
Name Alex. Hamilton Job Title
Division Department for Business, Innovation and Skills Phone 020 7215 5976 Fax
Published: 14 November 2010