In an effort to gather the views of successful business leaders on how to encourage business growth and enterprise in the UK, the government has created a new Entrepreneurs’ Forum to advise the coalition government on new business and enterprise policies.
Business secretary Vince Cable announced made the announcement at the beginning of Global Entrepreneurship Week. The forum is part of the government’s agenda to engage with business people to hear their views on unleashing enterprise and encouraging entrepreneurship as an alternative career. The Business Secretary wants to break down the barriers that deter people from taking the leap into starting a business and encourage them to make a job, not take a job.
Up to 26 entrepreneurs will sit on the forum, including Jan Fletcher, Dawn Gibbins and Sarah Tremellen. They have been drawn together on the basis of experience they can bring to the development of enterprise policy. A significant proportion of the forum are women and increasing the rate of female entrepreneurs is one area the forum will be encouraged to look at. One of the women is former Flowcrete owner Dawn Gibbins, who sold her Nantwich-based flooring business in 2008 in a £30m deal.
Business Secretary Vince Cable said: “People with the courage to start up a business will be crucial to driving the growth of the economy. Start-ups create jobs, stimulate innovation and provide a competitive spur to existing businesses to encourage them to increase their productivity.”
The forum will meet around four times a year, with a flexible schedule according to the material to be discussed. The first meeting is expected to take place early in the new year. The forum is just one of several ways in which the Business Secretary will hold dialogue with business. The forum will complement other groups, such as the Prime Minister’s Business Advisory Group; the Secretary of State’s Business Advisory Group; and the Small Business Economic Forum.