£2 million boost for universities to support social ventures
UnLtd, HEFCE, universities and entrepreneurship support organisations across England will build a sustainable system of support for social entrepreneurs.
The Higher Education Funding Council for England (HEFCE) is today launching a £2 million programme to strengthen and broaden support for social entrepreneurship and social enterprise in universities and higher education colleges across England.
The programme, part of the UnLtd SEE Change, Social Entrepreneurship in Education initiative, will be delivered by UnLtd, the leading provider of support to social entrepreneurs in the UK.
It will encourage higher education institutions to act as ‘hubs’ to support social entrepreneurs beyond their staff and students, and to take the lead in supporting social inclusion and economic development in their communities.
Universities will set up their own ‘ecosystems’ of support – each a wide network of potential members such as other universities, further education colleges, local authorities, public sector bodies and private sector companies, plus key agencies working in the higher education (HE) and social enterprise sectors.
Importantly, the programme will establish the structures and capabilities needed by the HE sector to lead this change.
This will enable the movement to grow, become embedded within the higher education system, and ensure a vibrant future in which university students and staff can act to transform the world in which they live.
More than 100 people leading the development of social entrepreneurship in Higher and Further Education are today attending the launch of this new initiative at Aston University in Birmingham.