Business start-up scheme extended
NES expected to deliver 1,000 new businesses
A programme aimed at encouraging more people from deprived areas to start their own businesses will be extended, organisers have confirmed.
The National Federation of Enterprise Agencies (NFEA) announced it has signed a new contract with the Learning and Skills Council (LSC) to deliver its New Entrepreneur Scholarships (NES) scheme to over 1,250 people.
The programme, which is currently in its sixth year, is expected to achieve nearly 1,000 new business start-ups in some of the most deprived regions of England, the NFEA said.
“NES fulfils the Government’s desire to encourage successful entrepreneurial activity and improve business survival through learning,” said George Derbyshire, chief executive of the NFEA.
“We are delighted NES is not only continuing to support our deprived communities but has been recognised by government to such an extent that scholar places and funding have substantially increased.”
The Prince’s Trust, which is partnered with NES, welcomed the involvement of the LSC, as did another of the scheme’s partners, the Association of Business Schools (ABS).
“We are pleased with the LSC for their additional support for this scheme,” said Jonathan Slack, chief executive of the ABS.
“The programme has and will continue to ensure that the scholars involved have the right business and management tools to get started, survive and stay competitive – undoubtedly this programme will change lives.”