Time to Teach the Importance of Company Formation and Enterprise

Much has been made about the importance of the small business sector to the UK’s broader economic recovery; the Prime Minster David Cameron said that the sector was the ‘backbone of the UK’s economy’ while, the head of the Bank of England Mervyn King said identified that the SME sector was ‘Vital’ to the UK’s economic recovery. So it is clear that entrepreneurialism is a valuable skill, recognised by all sectors of the society, so why isn’t it a part of National Curriculum?

This is a question which has been raised again and again – Dragon Den’s Peter Jones has even set up an official qualification – yet it has been largely ignored by the government. Yesterday, former winner of the BBC’s Apprentice Tim Campbell has waded in on the debate.

Campbell, who has long since left Lord Alan’s ‘Amstrad’ , to become among other things a promotional speaker, has claimed that the current education system doesn’t do enough to promote the importance of business and enterprise in schools and encourage entrepreneurial skill at a grass roots level.
Campbell commented that students should be taught about the practicalities of company formation and operating a company as part of the formal curriculum.