Start-up advice in campus roadshow
STUDENTS will be given advice on how to get access to support, guidance and funding needed to start their own business when a roadshow comes to the city tomorrow.
A double-decker bus, organised by national enterprise campaign StartUp Britain, will help mobilise the potential of students by taking a team of entrepreneurs, business authors and experts to the Plymouth University campus.
The visit, scheduled, for noon, is part of a UK tour taking in 40 universities and further education colleges. The university will also host students from City College Plymouth.
The tour is sponsored by .CO Internet, the company behind the .CO domain, and the Gazelle Colleges Group, a network of 19 colleges, including City College Plymouth, committed to fostering entrepreneurialism in the further education sector.
The campaign is backed by top firms including Dell, Intel, Intuit, AXA, PayPal and Magento Go, who will all be on board the bus.
Students will receive information and application details about the £82million StartUp Loans scheme, for people aged 18 to 24, announced earlier this year.
There will be an opportunity to apply for the loan and receive a free StartUp Loans Kit with a guide on how to start a business and more than £200 of StartUp offers.
The tour arrives as unemployment figures in Plymouth reveal five per cent of 16- to 24-year-olds are claiming unemployment benefit.
Emma Jones, StartUp Britain co-founder, said: "We are seeing more young people setting up businesses.
"Research has shown eight out of 10 young people think about setting up a business these days as a career path, or a way to turn a hobby into a money-spinning idea.
"Reports suggest this boom in entrepreneurialism is down to the millennial generation grasping the power of modern technology and the internet.
"These young people represent the future of business and our economic prosperity – that's why it's so important to offer them support by delivering the message they can set up a business, there is support out there, and we'll be with them every step of the way."
Marc Lintern, Plymouth University's head of employability, said: "We encourage our students to be enterprising, and develop an entrepreneurial mind-set, and provide a huge amount of support to those considering setting up their own business.
"Our incubation centres are full of young graduate-founded companies, and as a university we regularly win national and international enterprise competitions.
"We are delighted to host StartUp Britain in Plymouth, because you cannot emphasise enough the value of seeking advice and guidance in plotting your career development.
"We hope young people and students across the city will come and find out options open to them."
Phil Davies, principal of City College Plymouth, said: "Traditionally students have been encouraged to consider progressing on to higher level courses or into employment.
"However as we see more students setting up their own business it is imperative we are able to guide and support them."