Bright ideas trust
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[edit] The Bright Ideas Trust
In March 2007 Tim Campbell (winner of the first series of BBC TV's The Apprentice) privately commisioned research among unemployed 16-30 year olds into levels of entrepreneurship in the UK. That study showed that thousands of young people in this country are ready to start their own business but are missing out because of a lack of advice, interest and more critically the necessary investment.
The majority who turn their backs on self-enterprise cited the lack of available guidance of how to start a business or write a development plan as the biggest trigger of failure.
Although the majority of young people questioned supported the Government’s plan of promoting social enterprise within schools, providing curriculum materials and ensuring it is studied in GCSE and A level business studies courses, they said more needed to be done to help those who have already left school to develop business skills and start their own businesses especially since Business Link went private.
Nearly two thirds of respondents (64 per cent) told us that a return to the dole would be preferable to working for someone else after shelving their business idea because of lack of interest or investment. One in three unemployed young people said they would turn to crime after their idea to start a business had come to nothing.
What is clear is that there is a quiet revolution among the young people of this country. This survey shows that more young people than ever are willing to devote time and effort towards starting their own business.
With a little effort we can focus the energies of those who may otherwise turn to crime and anti-social behaviour towards business. They are saying they need advice and opportunity to prove themselves and we should give them it.
We should not forget that these people, and thousands like them, are the future of this country’s economy and prosperity. We should not and cannot fail their aspirations. Supporting start-ups will add dynamism and innovation to our economy and also help to give direction and focus to those who live in difficult social areas; it will create jobs and ultimately wealth.
See: [1] for further information
