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Universities 'should keep backing' entrepreneurial graduates

Published: Thursday, 02 December 2010   Category: All Graduate job news

Universities must maintain their support for individuals who intend to set up their own businesses rather than enter the tough graduate jobs market, it has been suggested.

Recent research by the National Council for Graduate Entrepreneurship (NCGE) found that there has been a 27 per cent increase in start-ups linked to higher education institutions since 2007.

Ian Robertson, chief executive of the NCGE, explained that technological advances are now benefitting entrepreneurial graduates, but that universities still have a major role to play.

He said: "The big issue for these budding entrepreneurs is confidence and credibility - both of which can be addressed with good support from entrepreneurs, mentors and a support environment within the institution."

Mr Robertson also encouraged young Britons with business ideas to plan, research and test them during their time at university to ensure they are ready to press ahead when they graduate.

The NCGE was formed in 2004 with the aim of raising the profile of entrepreneurship and promoting the potential for students and graduates to start their own companies.

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