The most important investment we can make

Investment in education is the most important investment we can make.

That was one of the main messages delivered by John Cridland CBE, Director-General of the CBI, at our annual Bolland lecture this week.

He also stressed the importance of business-university collaborations, suggesting it should be natural for any business to ‘twin’ with its university, praising UWE Bristol’s achievements as an entrepreneurial university.

He was particularly impressed with the calibre of our students on our BA Business (Team Entrepreneurship) and the innovative approach we have taken, which sees students learn by setting-up and running their own team company that will earn money finding and completing real projects for real organisations. Students from the programme have already been to the Houses of Parliament twice in the last four months, invited to provide evidence to government on future leaders and entrepreneurship.

Only last month, we saw our entrepreneurial students launch a crowdfunding campaign to bring to market an innovative 3D printer accessory. OmniDynamics smashed their target on kickstarter in less than 24 hours and have attracted some serious coverage in the technology world.

We also discussed our strong engagement with the thriving SME sector in the Bristol city region, through leading regional innovation networks in key growth sectors, running our £4m innovation for growth programme, and of course through the placements, project work, internships, and the highly skilled talent pipeline our students provide. UWE Bristol already has one of the largest paid internship programmes in the higher education sector – run largely with SMEs – we offer Enterprise Internships to support our students to become the entrepreneurs of the future, and earlier this month we launched our Green Internships which will help businesses to develop green policies and practices. Many of these initiatives are thanks to our award winning Employability and Enterprise Service, which was recognised earlier this year as the best in the sector at the NUE awards.  

Our plans for the future are ambitious. Earlier this month we were one of only 20 universities in the UK to be awarded the Small Business Charter, which not only recognises the enormous amount of work we already do with small businesses in the region, but also means that we can access funds to increase our support for business growth.

But most importantly, UWE Bristol boasts one of the most impressive employment records in the higher education sector, being recognised by the Telegraph as one of the top 8 universities to go to for getting a job. That means working successfully with employers and business to widen the reach of transformational opportunities to maximise the potential of individuals, so they can realise their ambitions – as business leader, entrepreneur, practitioner and professional – which of course also brings huge benefits right across our society.

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