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PM’s enterprise advisor learns lessons from Loughborough

Lord Young.

The Prime Minister’s Advisor on Enterprise Lord Young visited Loughborough University’s School of Business and Economics today to see first-hand the work it is doing to support small businesses and encourage young entrepreneurs.

In his Government report Growing Your Business, Lord Young outlined the important role business schools play in supporting local SMEs as advisors and providers of highly qualified graduate employees. His visit to Loughborough is part of a select tour of UK business schools to see good practice in action.

Lord Young was welcomed by Dean of the School of Business and Economics and Chair of the Association of Business Schools (ABS) Professor Angus Laing.

He met with staff and students in the School’s Glendonbrook Centre for Enterprise Education which works to develop enterprising and innovative skills amongst Loughborough students through formal modules and extra-curricular activities. 

He also met with academics working with the ‘Love Loughborough Partnership’ on the Portas pilot which aims to improve the customer experience for shoppers in Loughborough, and spoke to staff and students about the value of student work placements.

Professor Laing said:

"I am delighted that Lord Young chose to visit Loughborough to see the work the School undertakes in the areas of enterprise and innovation.

“The Glendonbrook Centre for Enterprise Education provides unrivalled support to undergraduate and postgraduate students in fostering a culture of entrepreneurship among the student body at Loughborough.

“The School plans to invest significant further resources in the activities of the Glendonbrook Centre to consolidate its position as a centre of excellence in enterprise education, and associated with this we look forward to participating in the Small Business Charter scheme which is being championed by Lord Young."

Lord Young said:

“Loughborough is one of the institutions leading the pack in the ways they encourage students to think more of working for themselves, and to think more about what they’re going to do later on in life. The foundations students lay whilst at Loughborough should serve them well. I’ve been very encouraged by what I’ve seen here.”