Skip to main content

New Businesses: Young People

Question for Department for Business, Innovation and Skills

UIN HL3090, tabled on 28 October 2015

To ask Her Majesty’s Government what plans they have to support more programmes or competitions for university students and recent graduates to encourage them to embrace entrepreneurship.

Answered on

11 November 2015


This Government fully supports the promotion of entrepreneurship in higher education. In 2013/14, the Higher Education – Business and Community Interaction survey found that there were over 4,600 new graduate start-ups, up from 2,357 in 2009/10.


The Government is championing closer collaboration between universities and business through the National Centre for Universities and Business which is supported by HEFCE, the Research Councils and Innovate UK. Higher Education Innovation Funding, delivered by HEFCE, also supports university collaboration with industry, the commercialisation of research, and promotes entrepreneurship, enterprise education and broader knowledge exchange.


Answered by

Department for Business, Innovation and Skills