London Stock Exchange welcomes New Entrepreneurs Foundation
London Stock Exchange welcomes the New Entrepreneurs Foundation
The New Entrepreneurs Foundation (NEF) is one of the UK’s leading programmes for developing future entrepreneurial leaders. The NEF provides smart young people with the training, mentorship, confidence and connections required to become a successful entrepreneurs. The organisation selects up to 50 candidates each year and looks for those with the ambitions to build high-growth, sustainable businesses, that will contribute positively to the UK economy. This year the NEF celebrate its fifth birthday and marks its success by ringing the London Stock Exchange’s Opening Bell, and congratulating an NEF Alumnus Ari Ratnakumar’s’ venture ‘WeAreWiser’ on being selected to join the LSE’s prestigious Elite programme.
Since the NEF’s launch in 2011, the charity has helped more than 200 young entrepreneurs launch 100 ventures (63 are currently live), which have created more than 650 new jobs for the UK economy and raised almost £11 million in early stage funding. A recent independent impact study by UCL found that the programme was having a significant impact on the alumni’s skills, confidence and entrepreneurial capabilities.
Neeta Patel, CEO of the New Entrepreneurs Foundation, said, “The New Entrepreneurs Foundation was created to help young, aspiring UK entrepreneurs. Even in the turbulent times we live in, there is still an opportunity for young people to find their voice, follow their passion and have the confidence to reach out and achieve their dreams. The NEF team, our network of alumni and mentors and the array of fast growth businesses providing work experience for our cohorts continue to support these young people to grow into becoming tomorrow’s business leaders.”
The NEF is delighted to attend the London Stock Exchange Market Open Ceremony with NEF’s Trustees, our funders and supporters and our alumni.