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National Council for Graduate Entrepreneurship

Volume 504: debated on Wednesday 27 January 2010

To ask the Minister of State, Department for Business, Innovation and Skills how much the National Council for Graduate Entrepreneurship has cost in each year since its establishment; and if he will make a statement. (313330)

The National Council for Graduate Entrepreneurship (NCGE) was set up as an independent company limited by guarantee in 2004 by British Chambers of Commerce and other stakeholders. NCGE is funded by BIS to promote enterprise and entrepreneurship in our universities, with the aim of increasing the numbers of students, and graduates thinking about and actually becoming self-employed or starting a business. NCGE has received the following funding:

(£)

2003-04

189,175

2004-05

700,175

2005-06

910,000

2006-07

901,500

2007-08

725,000

2008-09

955,000

2009-10

1,410,868

This year their programmes include Flying Start providing 8,000 students and graduates with the opportunity to attend workshop style events that encourage them to think seriously about becoming self-employed, and help them to develop a business idea.