Orange backs young entrepreneurs

Orange backs young entrepreneurs

Dragon’s Den entrepreneur Peter Jones teamed up with Orange and Business Secretary Lord Mandelson today to launch the National Enterprise Academy, which aims to develop young entrepreneurs across the UK.

The Government-backed NEA is the brainchild of Peter Jones. It aims to enrol 18000 students in its first five years and will use new ways of teaching and real life business environments to develop young entrepreneurs.

Orange, as the NEA’s partner, has pledged to offer four permanent posts to NEA graduates and will offer three NEA scholarships to Barnardo’s.

Orange chief Tom Alexander said the NEA’s aims are in tune with Orange’s innovative culture. He added: ‘We work in one of the fastest paced industries in the world and it is therefore essential that we hire young people with the skills, ability and drive to become the future leaders of our business. The NEA is a superb way to do just that.’

Peter Jones said he set up the NEA to fill a gap in the education market for a hands-on course dedicated to enterprise and entrepreneurship. He added that the recession was a good time to launch the NEA, which would provide entrepreneurs and ‘inspired employees’ to stimulate the economy and speed up the UK’s recovery.

Jones pointed to the NEA pilot programme which he said had ‘outstanding ‘ results, with a number of the 28 pilot students already running their own start-up businesses and five graduates offered positions by high profile organisations.

The Department for Innovation and Skills will stump up £9m to fund the NEA in its first three years which will be matched by the private sector. The NEA is part of the Government’s National Skills Academies programme which aims to open 16 academies aimed at developing business skills in a variety of sectors including IT, construction and manufacturing.

The first NEA courses will be run at colleges in Manchester and Buckinghamshire with plans to roll the course out across the UK over the next year.

Written by Mobile Today
Mobile Today


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