“The New Entrepreneurs Foundation was born out of the financial crisis of 2008, when it became clear that Britain would need to reshape its economy to succeed in a rapidly-changing, highly-competitive global marketplace. This would require the development and support of entrepreneurial leaders, with the ambition and drive to build major new businesses that would create the jobs and prosperity of the future. I looked around to see what support was available or young aspiring entrepreneurs and found the UK to be somewhat lacking.”
Oliver Pawle, Chairman, Centre for Entrepreneurs & Co-Founder, New Entrepreneurs Foundation
How we measure impact:
To date, our impact monitoring has focused on NEF Fast Track outcomes, covering two key measures – educational outcomes and entrepreneurial development.
- As an educational charity we study the skills developed, confidence gained and networks created by NEF Fast Track participants, via a longitudinal study that surveys cohort members’ pre- and post-programme assessment of their skills and knowledge.
- As an entrepreneur development programme we measure the business impact of NEF Fast Track participants that go on to launch businesses. Our key criteria are: the number of businesses launched, jobs created and cumulative investment received by alumni-founded ventures.
Future impact reporting will be extended to cover the whole scope of our foundation: research and networks, in addition to NEF Fast Track.
Past copies of our annual reports can be accessed and downloaded below.