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Pressure on Welsh Government to explain youth enterprise funding axe

Oggy Bloggy Ogwr reports on inquiry into business education

Watch the committee’s video about enterprise education in Wales

Entrepreneurship is one those “big issues”in the Welsh economy you always see mentioned, but never quite understand or look into in any great detail, as it seems very much about your own experiences of it.

Where successful Welsh businesses of tomorrow come from – and how they’re helped to get to the top – is an issue of vital importance though.The Assembly’s Business and Enterprise Committee report into Youth Entrepreneurship was launched at Caerphilly’s Innovation Centre for Enterprise earlier this week (pdf).In total there were ten recommendations, summarised as :

  • Better monitoring of entrepreneurship, and trying to bridge the gap between numbers of young people thinking of starting a business and those actually starting one.
  • Ensure entrepreneurship and social entrepreneurship are part of the school curriculum from primary school through to further and higher education, possibly becoming part of the Welsh Baccalaureate.
  • Review the advice available to young entrepreneurs, with the idea of creating a single central body for entrepreneur support, with centres established around Wales.
  • The Welsh Government should explain precisely why funding for Young Enterprise was withdrawn.
  • More networking and mentoring between entrepreneurs themselves, and sharing good practice between the existing regional support hubs.

Read full story

Read the Young Enterprise submission to the Assembly’s Inquiry

Read the Business and Enterprise Committee report in full

Go to the inquiry’s page at the Assembly