Enterprise and Entrepreneurship

An Employability Theme Page

Getting Started with Enterprise and Entrepreneurship

What Is the importance of Enterprise & Entrepreneurship?

In the ‘Education and Students Sub-Strategy, The Way Forward 2018-2023, Recast following Covid-19′, the University commits to:

Providing expanded opportunities to develop enterprise skills and entrepreneurship, through business start-ups and innovative projects that use research to spark answers to society’s challenges.
Creating opportunities for civic engagement, which enhances Welsh economic, social and cultural life through community placements, collaborations with Creative Cardiff, and connecting with large-scale initiatives like Big Ideas Wales.

For some students the transition into the world of work will involve them in a business start-up or social enterprise programme. An entrepreneurial mindset is also recognised by employers as adding value to the development of an organisation. Therefore, enterprise and entrepreneurship education form a key part of the Student Futures Framework. Within the education sector, the established definitions of enterprise and entrepreneurship education are:

“Enterprise can be defined as the generation and application of ideas, which are set within practical situations during a project or undertaking… It combines creativity, originality, initiative, idea generation, design thinking, adaptability and reflexivity with problem identification, problem solving, innovation, expression, communication and practical action.”

“Entrepreneurship Education is defined as the application of enterprise behaviours, attributes and competencies into the creation of cultural, social or economic value. This can, but does not exclusively, lead to venture creation. Entrepreneurship applies to both individuals and groups (teams or organisations), and it refers to value creation in the private, public and third sectors, and in any hybrid combination of the three.”

Sustainability Tip

Enactus is a global network of students working with academics and business leaders to develop innovative solutions to complex sustainability problems. Enactus UK allows students to develop their entrepreneurial skills, working towards becoming socially responsible business leaders. Students can present their work at the prestigious National Competition in Canary Wharf, London, networking with leading companies that sponsor the organization.

Three Key Streams of Activity to Support Entrepreneurship & Enterprise

Start-Up, Incubation and Networking

Student Futures offer a start-up and business incubation advice service, guiding students through the steps they need to take to start their own business, which can also be delivered as a Professional Placement Year variant.

Entrepreneurial Skills and Mindset

Student Futures offer the delivery of skills sessions within the curriculum. For more information on this, contact the Business Partner linked to your School below.