A recent independent report by EKOS found:
- The estimated potential return on investment of the NW Enterprise Champions project 6:1
- Net additional GVA of £6,415,950
- and 176 gross new businesses & 50 net additional jobs
Stimulating enterprise and entrepreneurship across our higher education institutions is now seen by many governments as fundamental to driving economic success and social cohesion. The European Union promotes the ‘fostering of entrepreneurial mindsets’ for all young people. In the UK, the government and devolved administrations encourage and support increases in the scale and diversity of students and graduates taking up entrepreneurial opportunities.
The HE Enterprise Champions Project in the North West Region of England is supported by the NWDA, financed by EU funding and is managed by NCGE. The project initially runs for two years.
Project awards have been provided to 5 institutions in Phase One and a further 5 in Phase 2. The project supports the creation of a Senior-Level Enterprise Champion who will act as a catalyst for change across the campus. The participating institutions are: