Enterprise Nation, the UK’s leading small business network and business support provider is set to launch a ‘once in a generation’ campaign which will see a million new businesses started and supported, over the next three years.
The pioneering scheme will bring together the public and private sectors in the UK and Ireland to deliver free targeted support to encourage the next generation of budding start-up entrepreneurs on an epic scale.
StartUp UK will capitalise on expertise from Government departments BEIS, DWP, DCMS, Cabinet Office, HMRC and Enterprise Ireland, and will be backed by high profile firms including HSBC UK, Intuit QuickBooks and Currys via initiatives such as e-learning, online training, national StartUp Saturday events and flagship annual conferences, held on the nation’s high streets.
Research amongst 1,000 small businesses found more than 80 per cent are happier being their own boss than they were before they started a business, with half enjoying a better work/life balance and one in three saying they are able to spend more time with their family.
Emma Jones, CBE, founder of Enterprise Nation, said: “As our economy recovers from the impact of the pandemic, the appetite and opportunity to be your own boss has never been higher. Add to that less red tape as a result of Brexit and you have a once in a generation opportunity to develop new technology to start a business.
“We’ve seen a 250 per cent increase in the number of individuals looking for business support with thousands more searching for the tools to get it right. This campaign will educate, celebrate, and represent start-ups ensuring the boom continues.”
Small Business Minister Paul Scully said: “Entrepreneurial ambition is on the rise in the UK, with one-in-seven adults planning to start their own business.
“Alongside Government support schemes like Start Up Loans and Help to Grow, StartUp UK will support entrepreneurs by providing the tools and resources needed to turn ideas into successful businesses.”
Carlos Pestana, Business Director at Currys, the UK’s largest technology retailer, said: “Our vision is to help everyone enjoy amazing technology, and helping SMEs and start-ups harness the power of technology is a big part of that. As proud sponsors of StartUp UK and with our expertise in Apple devices, we’re looking forward to supporting the next generation of British innovators discover the right Apple devices to help them simplify, grow and energise their business.”
Peter McIntyre, Head of Small Business Banking from HSBC UK said “Small businesses are the backbone of our economy and we are committed to helping British businesses innovate, evolve and grow. We have seen many start-ups and entrepreneurial businesses find creative ways to innovate, adapt and grow over the past two years, despite the challenging environment.
“As proud sponsors of StartUp UK we are looking forward to connecting with business owners as they begin their journey. The pioneering programme provides the perfect platform to support business owners as they look to grow.”
Chris Evans, VP and Country Manager at Intuit QuickBooks, said: “The pandemic and the financial pressure it has caused have ignited an entrepreneurial spirit across the UK. Our New Business Insights Report found that more than three million people in the UK want to start a business in 2022. COVID-19 has been the catalyst for this, as people spent more time online and took time to rethink their priorities.
“For most, digital technology will be central to success in 2022. Our findings showed that more than three-quarters agree that small businesses that invest in digital technology are more likely to succeed.
“This digital-first entrepreneurialism is quickly becoming the lifeblood of the UK economy. Enterprise Nation’s StartUp UK mission to encourage the next generation of entrepreneurs aligns with our own. We are passionate about supporting new businesses on their entrepreneurial journey, and are committed to helping facilitate their growth so that they – and we all – can prosper.”
According to an analysis of figures from Companies House, 80 companies an hour were registered in the first half of 2021 in the UK.
The StartUp UK scheme will curate trusted advisers as well as delivering valuable insight to help develop evidence-based policy recommendations.