Young Enterprise chief looks to drive up participation

One million participants sought for initiative

The new head of the Young Enterprise initiative has pledged to increase the number of youngsters involved in the business scheme to over 1 million a year.

Sir Michael Savory said he plans on developing the 44-year old organisation to encourage more young people to learn the benefits of running a business.

He aims to raise the number of annual participants from the current 291,000 to at least 1 million.

Savory said: “It’s my belief that through partnerships with organisations with a similar mind-set, and the enthusiasm and considerable skills of all the teachers, volunteers, students, staff and supporters of Young Enterprise, we will be able to reach more youngsters than ever before.”

In his new role, Savory, formerly Lord Mayor of the City of London and chairman of HSBC Stockbroker Services, will take overall national responsibility for Young Enterprise, developing relationships and awareness among key stakeholders such as businesses, educational bodies and the government.

“Today’s youngsters are the entrepreneurs of tomorrow. We need to excite young people about the commercial world and encourage them to use their creativity and innovation in business,” Savory added.

“Helping them to learn how companies work and getting businesses involved in giving youngsters a head start in their careers build confidence.”

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