Hansard

National Enterprise Academy

Volume 700: debated on Thursday 20 March 2008

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Lord Taylor of Warwick

asked Her Majesty's Government:

What qualification the students of the new National Enterprise Academy will achieve. [HL2486]

The Parliamentary Under-Secretary of State, Department for Innovation, Universities and Skills
(Baroness Morgan of Drefelin)

The National Enterprise Academy (NEA) is looking to develop a national vocational qualification (NVQ) in enterprise. It will give a solid foundation in enterprise skills and focus on unlocking the entrepreneurial talents of teenagers from a wide range of educational and social backgrounds in the 16 to 19 age group.

A key feature will be the involvement of real working entrepreneurs within a further education learning environment. The qualification will lead students towards future business start-up, employment or higher education. It is expected that students will be supported after completing the course through ongoing mentoring and access to support services, such as potential seed investment from a dedicated fund to be established by Peter Jones, the entrepreneur.

The NEA was announced on 11 March 2008 by the Prime Minister and Peter Jones as part of the Government's Enterprise Strategy: Enterprise: unlocking the UK's talent. The NEA will build on the Government's current initiatives to create a more enterprising culture.