Policy Papers

 This briefing paper calls on the UK government to harness the potential of young people by empowering them with the skills they need to start, grow and sustain a business.

Highlighting in particular the current economic strains, Empowering the Future notes that by encouraging young people into entrepreneurship, we could boost the economy and reduce fiscal burdens facing the nation. The report also argues the case that technological advancements, such as artificial intelligence, which are rapidly transforming the job market, necessitate fresh approaches to prepare the next generation for future opportunities.

The report puts forward ten practical policy recommendations for the incoming government to spearhead, including increasing opportunities for young entrepreneurs to access finance and support, simplifying processes for registering and starting businesses, and bringing back the Enterprise Allowance Scheme, which gave a certain guaranteed income to unemployed people who set up their own business.