12 Feb 2014 07:00
12 February 2014
cloudBuy plc ("cloudBuy" or "the Company")
cloudBuy plc sponsors launch of all party parliamentary report
At a launch sponsored by cloud-based eCommerce and eProcurement providers, cloudBuy, the All-Party Group for Micro Businesses today introduces its Fifth Report since it was established in 2010. Entitled An Education System Fit for an Entrepreneur, it recognises the key role entrepreneurs play in the drive for growth, and looks at the effectiveness of the UK's education system in supporting its entrepreneurs -from the age of 4 to 44 and beyond.
Says MP Anne Marie Morris: 'Entrepreneurs are a real strength of our British economy and the micro businesses they create are key drivers of growth. Over the last three years, 400,000 new businesses have been created and business start ups have become increasingly popular. There is a growing recognition that setting up your own business is a real opportunity and option for people. Small businesses add 48% to private sector turnover and comprise more than 99% by number of UK businesses.'
The report investigates for the first time best practice from primary school through to retirement with examples chosen from around the world and across the UK. It includes an examination of the cognitive psychology which underpins the entrepreneurial mindset, real case studies and up to date survey data.
Although the concept of enterprise education has been discussed since 1987, this is the first UK report which looks at the need for an overarching strategy across all government departments, not just BIS, DfE and Treasury to deliver the support needed for entrepreneurs to flourish.
Ronald Duncan Chairman of cloudBuy commented: "cloudBuy is delighted to support this initiative. Our aim is to make setting up and running a business as easy and possible and this report sets out how we can help encourage our entrepreneurs to build their businesses and buy and sell through cloudBuy."
For further information please contact:
cloudBuy plc Ronald Duncan, Chairman
| Tel: 01527 850080 |
Westhouse Securities Limited Tom Griffiths, Richard Johnson
| Tel: 020 7601 6100 |
Newgate Threadneedle Caroline Evans-Jones, Alex White, Robyn McConnachie
| Tel: 020 7653 9850 |
Notes for editors:
The All-Party Parliamentary Group for Mirco Businesses was founded in 2011 by Anne Marie Morris, Conservative MP for Newton Abbot in Devon. This will be the fifth paper by the group having previously published about The Importance of Definition for Policy Making, Micro Businesses & The Work Programme, Regulatory Reform and The EU & Microenterprises.
This latest paper, entitled An Education System fit for an Entrepreneur will be launched on Wednesday 12th February at an event in the Houses of Parliament sponsored by cloudBuy. Ben Gummer MP, PPS to Rt Hon Michael Gove MP, Secretaty of State for Education will be speaking along with Simon Danczuk MP, Gordon Birtwistle MP and the founder of the group, Anne Marie Morris MP. Professor Andy Penaluna will also be speaking on behalf of the authors of the paper.
The report has forewords from Matthew Hancock MP, Minister of State for Skills and Enterprise and Fiorina Mugione who has been tasked with developing entrepreneurship by the United Nations.