Blog | October 27, 2010

GEW UK to Challenge Stereotypes and Shatter Myths

Photo Credit:

In the UK’s current economic climate, entrepreneurs and enterprising people are needed now more than ever - fresh thinkers who spot opportunities, apply their talents and overcome obstacles to make their ideas happen. Enterprise UK, GEW co-founder and host organization for the UK, is optimistic about the critical role that start-ups and small businesses can play in driving economic growth.

As CEO Tom Bewick recently commented on the UK government’s October spending review: "we need to back the UK's entrepreneurs, start-ups and small business leaders if we are going to see the much heralded 'enterprise-led recovery'. It has never been more important to encourage people to start new businesses and create new opportunities."

Enterprise UK believe that by spearheading Global Entrepreneurship Week, they put the UK at the heart of a worldwide movement of entrepreneurs, helping to build the skills and confidence of individuals to seek opportunities to create wealth and achieve social impact. The organization encourages partners, businesses, schools and individuals across Great Britain to run their own events to help make this happen.

Changing perceptions one myth at a time...

Over half of all young people (16-24) in the UK want to start a business, yet only 1 in 20 actually do. It’s time to make this a reality for more people across the UK! That’s why this year Enterprise UK will be challenging a different myth surrounding entrepreneurship on each day of the week.

CONTRADICT THE MYTH THAT ENTREPRENEURS ARE BORN NOT MADE!

On Monday, we’ll be showing how business leaders and educators can play a role in enterprise education that teaches people entrepreneurial skills and attitudes.

SHATTER THE MYTH THAT ENTREPRENEURSHIP IS A SOLO ACTIVITY!

Tuesday’s activities will demonstrate how sharing ideas, pooling knowledge and getting together with others is an important step towards making entrepreneurial ideas a reality.

BREAK THE STEREOTYPE OF THE TYPICAL ENTREPRENEUR!

Building on the success of Women’s Enterprise Day, we want to engage more under represented group. Research shows that women, people with disabilities, the over 50s, and black and ethnic minority groups are less likely to engage in enterprise – this is your chance to readdress the balance!

CHALLENGE THE NOTION THAT ENTREPRENEURSHIP IS ONLY ABOUT PROFIT!

Entrepreneurialism isn’t solely about profit margins and the bottom line. This day’s activities will set out to show how entrepreneurs can be a positive force for good by using their skills and energy to get involved in social enterprise and in helping to deliver lasting social and environmental change.

QUESTION THE IDEA YOU NEED LOTS OF MONEY TO START A BUSINESS!

How often have you heard the words “If only I had the money to start a business”? Formerly known as Home Enterprise Day, the day’s events will showcase the success stories of a number of people who have started their own businesses with very little capital.

Some of the great events being planned include:

  • Enterprise UK will launch Enterprise Education Challenge to engage thousands of young people across hundreds of schools and colleges in a new experiential challenge that sparks their entrepreneurial enthusiasm and supports the beginning of their enterprise journey.
  • Peter Jones, leading entrepreneur and resident Dragon (from Dragon’s Den UK) will address the Association of Colleges conference on how the UK economic recovery will be lead by enterprise. He will be talking about how entrepreneurship can and should be taught in schools and colleges.
  • The Guardian Social Enterprise Summit 2010 will explore the best examples of social enterprises working with the public sector and share best practise.
  • London Going Global, run by Enterprise Nation, is being organised for anyone wanting to take the motivation gained from Global Entrepreneurship Week, and to take their business global!
  • The winners of three age groups of the Badgers Sett Enterprise Challenge that started in July will compete to double the investment they already gained for the enterprising idea by competing against each other in a Dragons Den Style event in order to double their initial winnings and get a business mentor to help them develop their enterprising idea.
  • At ‘Why not Change’ - North West Women’s’ Enterprise Day over 250 enterprising women from the North West will meet for a day of inspiration and practical action based around the 2010 Global Enterprise Week.

You can find out about these events and more on our GEW UK website http://www.gew.org.uk.