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Manchester employers meet to address graduate brain drain
Wednesday, 17 June 2009
A group of employers and business leaders in Manchester have attended a workshop in the area in order to discuss tactics on keeping its graduate talent pool in the region.
Some 30 per cent of graduates from Manchester universities do not remain in the city after receiving their qualification, gravitating towards London and the rest of the south-east.
According to the Manchester Evening News, the 'city region pilot' workshop by Midas and the Commission for the New Economy considered providing more funding for entrepreneurs wanting to set up in the region.
Colin Sinclair, chief executive of Midas, said: "The pilot provides Manchester with a huge opportunity to shape our shared destiny and will allow Manchester the flexibility to act responsively to local and city regional needs. This event has provided a good insight into our skills and graduate needs."
The Manchester Innovation Investment Fund recently subsidised a scheme aiming to encourage graduates of the city's universities to stay by offering PR work experience and a salary to ten successful candidates.