Newspaper article The Journal (Newcastle, England)

Students Help Shape Business of Education

Newspaper article The Journal (Newcastle, England)

Students Help Shape Business of Education

Article excerpt

STUDENTS from Newcastle and Northumbria universities have helped shape how enterprise education will be delivered nationwide.

Lecturers and business mentors from Tyneside were also part of the team which helped Young Enterprise review its Start Up programme which was launched this month to help students set up in business.

The students have been chosen to pilot the programme, which is supported by global bank Santander, and will see them working more closely with business owners in the region.

Through working together to set up and run their own companies, and with mentoring from Young Enterprise North East business volunteers, students taking part in the programme will gain vital first-hand experience of business.

Young Enterprise North East chief executive Catherine Marchant said: "Research shows that nearly two-thirds of UK businesses have found employees joining from university are lacking in business acumen and commercial awareness.

"But it seems the recession has spawned a new entrepreneurial spirit. These young people aren't waiting for a job to land in their lap but creating their own opportunities. Recessions, as many top business people will know, can lead to people exploiting niches, creating new business models or going it alone."

Newcastle University lecturer Katie Wray, who was involved in the consultation process of the new Start-up programme, said: "At university, students are used to living on very little, so it's not much of a sacrifice for them to go on doing that while they build up their own company. …

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