News 2012 News ->Prime
Minister applauds graduates from the New Entrepreneurs Foundation
Prime Minister applauds
graduates from the New Entrepreneurs Foundation
4th July 2012
Prime
Minister David Cameron applauded graduates from
the New Entrepreneurs Foundation (NEF) at a private
reception hosted at No 10 Downing Street on Wednesday
4th July 2012. The Prime Minister commended the
work of the foundation and emphasized the important
role the new graduates will play in ensuring Britain's
economic future. Among the "Class of 2012"
are several Asian graduates including Andrew Rajanathan,
Mike Bandar, Pradeep Raman, Ravi Patel, Rousseau
Dasgupta, Ushma Soneji and Videesha Kunkulagunta.
Neeta Patel, CEO of the New Entrepreneurs Foundation
said "We know that young people coming out
of higher education lack business experience and
skills and the access to finance and networks necessary
to build a successful business. Our vision at the
foundation is to provide all of these so that our
graduates can develop the scalable ventures of the
future".
"Apart from a placement
at one of the partner companies, NEF graduates
are trained in the 'hard skills' of finance, strategy,
accounting and business planning as well as the
'soft skills' of team building, self awareness,
presentation, pitching and networking. Skills
that help build resilience in tough economic times",
said Neeta, "we are delighted with the success
of our first batch of graduates; four have started
new ventures, some have joined accelerator and
incubator companies, a few have joined high-growth
start-ups and some have been snapped up to join
our enterprise partner companies."
"Applications for the
2012/2013 programme are now closed and we look
forward to working with a new batch from September
2012. Graduate Applications for 2013/3014 will
open in February 2013, but partner companies are
welcome to contact us at any time" she added.
Images courtesy of No 10 Downing
Street.
About the New Entrepreneurs
Foundation
The New Entrepreneurs Foundation
(NEF) has been established to give up to 30 of
the UK's brightest entrepreneurially minded young
people the opportunity to work for a year with
some of the country's leading entrepreneurs. Founded
by a group of successful business people who are
convinced that if enterprise and business are
going to grow and flourish in this country, it
needs to develop and build new knowledge-based
industries across a range of sectors, the aim
of NEF is to create a new generation of outstanding
entrepreneurs who will play a role in Britain's
future growth and prosperity and create new market
leading businesses.
Founded by Oliver Pawle,
Lord Davies of Abersoch CBE, Sir Nigel Rudd DL
and Dee Stirling, The New Entrepreneurs Foundation
is supported a number of Britain's leading entrepreneurs
and companies including founder of Lastminute.com
Brent Hoberman, founder of Autonomy Sir Mike Lynch
and investor Luke Johnson. Companies supporting
the foundation include Tesco, Virgin, Deloitte
LLP, McKinsey, Diageo, Financial Dynamics, Pearson,
Financial Times and McLaren among others.
About Neeta Patel, CEO
- New Entrepreneurs Foundation
Neeta is an experienced executive
with over 20 years of strategy and operational
leadership experience in launching new ventures,
business turnarounds and change and has a sharp
focus on growth and revenues. She has a successful
track record of turning ideas and concepts into
tangible businesses. Her experience spans Financial
Services, Media & Publishing, Education, Arts
and the Creative Industries. She has also led
two of her own start-ups.
Prior to joining the New
Entrepreneurs Foundation, Neeta worked in Private
Equity matching technology entrepreneurs with
investors. Neeta has held senior positions at
Thomson Financial (Reuters), Legal & General
PLC, Financial Times Group and at the British
Council. She is an early internet pioneer having
launched the first personal finance web site in
Europe for L&G in 1996.
Neeta holds an MA in Chemistry
from Oxford University, an MBA (Marketing) from
Cass Business School, and a Sloan Fellowship in
Strategy and Leadership from London Business School,
where she was the winner of the PWC prize in 2009
for a consultancy assignment in China.