The UK government is to set up a National Enterprise Academy offering a new qualification in enterprise to students over the age of 16 that will give them the skills to start their own businesses.
It will also have a broader remit of raising enterprise awareness across the entire population and age range, including encouraging more women entrepreneurs. The first Academy will open in the South East of England, followed by another centre in the North West. A national roll out of satellite academies will then follow.
At the same time, extra funding of £30 million will boost enterprise education supporting its extension to primary schools and further education colleges. The moves are part of a new Enterprise Strategy, unveiled in the annual budget statement on Wednesday.
Business Secretary John Hutton said the Enterprise Strategy sets out what government and business needs to do over the next 10 years to boost the culture of enterprise in the UK.