Prisk announces string of new initiatives for entrepreneurs

Government to double mentor network and improve online resources for schools

A string of new initiatives for small firms were announced by business minister Mark Prisk at the launch of Global Entrepreneurship Week yesterday.

In addition to the relaunch of the Business Link website, Prisk promised to double the size of the mentoring network available to entrepreneurs, and beef up initiatives to foster business skills in schools.

Speaking at the Tottenham Hotspur football stadium in North London, the minister promised that the Mentor SME network will grow to encompass 25,000 seasoned entrepreneurs, all “real business people wanting to provide real help, in a practical way that makes a difference”.

Furthermore, Prisk used his speech to announce that Enterprise Village, a free online resource designed to help teach enterprise in schools, has been overhauled – with a host of new interactive features for teachers.

Alongside this modification, the government will recruit 2,500 local enterprise champions through the Inspiring the Future website – which encourages seasoned professionals to provide mentoring and work experience through Britain’s schools.

Prisk also reassured his audience that the UK’s business environment was improving, citing the fact that 138,000 new businesses and 500,000 new jobs have been created over the last 12 months.

He added that the government is: “Determined to make this country one of the best places to start a business, invest in a business and grow a business.

“That’s why, in the last 12 months we’ve done our best to simplify the tax system, cut corporate tax rates, tackle red tape and press the banks to increase lending. But we need to do more.”

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