Student entrepreneurs are taking over the world with ‘digital entrepreneurship’
The UK is being transformed into a world where student entrepreneurs are making a real impact in the sector, as more and more students are joining the ranks of global entrepreneurs.
The student entrepreneurship movement, started in the UK, is growing in number and popularity, with the numbers of UK students now exceeding 20 million.
The rise of student entrepreneurship has seen student entrepreneurs and their peers, including startups, launch successful businesses in the past two years, according to research from the University of Dundee.
This is largely due to the fact that the UK is one of the few countries in the world where graduates from university can now take on a full-time role as entrepreneurs.
“It’s a great time for entrepreneurship, but students in the United Kingdom are doing an amazing job,” says Dr Jock Sullenberger, Director of the Student Entrepreneurship Association (SEAA), a UK student-led student association.
“The students here are so passionate about entrepreneurship, they really have the passion and drive to make it happen.”
The organisation has seen a surge in the number of companies launched by students and their classmates, with more than 70,000 new companies launched in the last year.
“We’ve had an explosion in the numbers, it’s really amazing.
It’s really exciting to see the student entrepreneurship and the student entrepreneurial movement grow,” says Sullensberger.”
And, of course, with this, we’re also seeing the first graduates from UK universities joining the workforce.”
The rise in student entrepreneurship was sparked by the success of the UK Student Entrepreneur Association (UKSEA), which was founded in 2013.
Launched with the aim of making the UK a global leader in student entrepreneurial activity, the organisation has since expanded to include several UK universities, including the University and College of Business.
“Our vision is that we will bring together the student entrepreneurs from all over the UK to help shape the future of the economy,” said UKSEA President Simon Smith.
“This is a global movement and we are excited to see our students taking up this role.”
“I feel very proud to be a member of this movement.
It feels like a dream come true,” says student entrepreneur Sam Glynn, from the City of Glasgow.”
I’m looking forward to taking part in the journey, the adventure of becoming a member.”
In addition to the UKSEAs activities, student entrepreneurs have also been able to launch their own businesses and help with fundraising and marketing, which has seen them make a real contribution to the economy.
“With the rise in entrepreneurship in the country, there’s been a real spike in demand for these startups, so we’ve been really busy,” says graduate student Emily Clements, who launched her own digital venture last year and has been working with the SEAA to grow the UK student entrepreneurial sector.
“For the first time, students have been able get their hands on the skills and knowledge that they need to make a successful business,” she says.
“As more and less students join, it means more companies are being launched and we’re really enjoying the moment.”‘
A lot of people have got it’Student entrepreneurs say they feel empowered to take part in entrepreneurship, and say they’ve learned a lot through the work they’ve done.
“There’s a lot of young people in the industry that are in their late teens, 20s, 25s, and are starting to realise they can be entrepreneurs,” says Jock, who graduated from Dundee University.
“But they’ve never really been able find the skills to get a job or get into the startup world, so it’s been very helpful for me to go to the SEAs.”
“A lot has happened since I started, and the students I’ve met through the SEA are very much into the idea of starting a business,” he adds.
“So they’re going to take a lot from this and hopefully create something out of it, so that they can give back to the community that they live in.”
The first ever student-run business launched by student entrepreneurs is the Student Venture Capital Association (SGVC), which aims to support entrepreneurs with funds to start a business.
“My goal is to help as many young people as possible start their own companies,” says SGVC President and founder David Pugh.
“Hopefully that’s the first of many things that we can do to help start businesses for people in need.”
These young people are the future.
And I’m really excited to be helping them make it.
“According to SGVC, more than 60,000 students have joined the organisation since it was founded.”
There are a lot more young people looking for entrepreneurial opportunities and there are many opportunities for them in”
It’s great to see this growth in the student sector.”
“There are a lot more young people looking for entrepreneurial opportunities and there are many opportunities for them in