Youth Business International (YBI) has emerged as the winner of the process to take on Global Entrepreneurship Week.

The charity – one of the 20 that HRH The Prince of Wales is president of – was the unanimous choice of the panel convened by Enterprise UK.

The Board of Trustees of Enterprise UK initiated an open process with the goal of transferring this charitable asset to a charity with compatible objects, in line with Charity Law which states that the trustees should act in the interests of the charity (EUK). These included a commitment to inspire young people to both take an interest in enterprise and to stimulate them to have a go at making their ideas flourish.

Annika Bosanquet, the Chair of EUK and who also chaired the panel for Enterprise UK Asset Transfer said:

“YBI has an influential network within the UK and overseas and is dedicated through various initiatives to ensuring that young people everywhere are given the support to become more enterprising and start their business, and encouraging communities to enhance their economic sustainability.

“With excellent governance and experience in campaign management, the assurances given by YBI both in the application, presentation and preparation for taking over this asset impressed the Trustees of EUK. In addition, it has a good working relationship with the Kauffman Foundation and already has 10 global members hosting GEW, including Canada, who has been one of the winners of Country of the Year. YBI is well known for its successful YBI Entrepreneur of the Year competition and respected within the enterprise field.

Announcement about Tenner

The trustees of Enterprise UK are pleased to announce that an invitation for Expressions of Interest (“the Invitation”) for the Tenner programme and its related assets has been issued today. The full Invitation and response document are available for download on both the Enterprise UK and the Tenner websites. ?

All communications on the Invitation are being handled by Bates Wells & Braithwaite London LLP (BWB) to whom all queries and responses should be addressed. Their contact details are included at the back of the Invitation.

Our wish is for Tenner to continue as a vibrant part of young entrepreneurship in the UK and we therefore look forward to a wide range of responses to the Invitation which must be submitted by 5pm on 15 June 2012. The full process and timetable is described in the Invitation.

Enterprise UK is a charity which aims to give people the confidence and ambition to be enterprising.

It is founded as a campaigning organisation in 2004 by the British Chamber of Commerce, the Confederation of British Industry, the Institute of Directors and the Federation of Small Businesses. Back then the name was Enterprise Insight.
Our Trustees

Simon Walker, Director General, Institute of Directors
Ronan Quigley, Finance Director, British Chambers of Commerce
Cedric Kennedy, Finance Director, Confederation of British Industry
Andrew Cave, Head of Policy, Federation of Small Businesses

These are co-founders of Global Entrepreneurship Week which inspires individuals and aspiring entrepreneurs to take the next step on their enterprise journey. With the emphasis on practical support for aspiring and existing entrepreneurs, Global Entrepreneurship Week is definitely more than just a week!

Objectives:

Promote positive attitudes towards entrepreneurship
Increase entrepreneurial skills and confidence
Facilitate access to international networks and knowledge

The Future

Our funding from BIS has ceased and we are in the process of handing on our programmes to parties able to take them forward.