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Welsh University hosts Global Entrepreneurship Summit

The University of Wales Trinity Saint David (UWTSD) is to host a unique gathering of international experts in entrepreneurship education at the first International Institute for Creative Entrepreneurial Development (IICED) summit, this week. It was announced two weeks ago that UWTSD had enhanced its reputation as a global leader in the research and development of enterprise and entrepreneurship education by becoming home to the globally approved IICED.

The IICED Summit, entitled ‘Practice into Policy’, will take place this Wednesday 25th and Thursday 26th June in Swansea. It will bring together a distinguished group of international experts in entrepreneurial education to engage in high-level discussions and to consider global perspectives that can impact, or have impacted, on policy-making. The Institute’s aim is to inform international best practice in enterprise, entrepreneurship and entrepreneurial teaching, learning and evaluation.

Keynote speakers include: Fiorina Mugione, United Nations Chief of Entrepreneurship; Simon Brown, National Centre for Entrepreneurship in Education; Tom Williamson Chair of Enterprise Educators UK; Nigel Culkin,  President of the Institute of Small Business and Entrepreneurship; Leigh Sear, Chief Executive of SFEDI Solutions.

Global experts at the summit will represent the following countries: Australia, Austria, Brazil, Canada, Egypt, Finland, Iceland, Israel, Macedonia, Nigeria, Russia, Saudi Arabia, Singapore, Spain, Sweden, United Kingdom, and United States.

Professor Andy Penaluna is the IICED Director and he begins the week speaking to the UK Government’s Young People and Enterprise Commission in Westminster, before returning to Swansea for the Summit.  

Speaking from London, he said: “Through the summit, the University’s IICED is keen to engage with and listen to other experts in the field. We all need to move the agenda forward, but how can we best do this? There is a wealth of great educational experience that can inform in-depth policy development, so sharing ideas and thoughts between colleagues could have a significant impact on the international agenda.”

UWTSD has taken a global lead on innovation, enterprise and entrepreneurship education. It has challenged many theories of business education and informed the international entrepreneurial community on approaches for engaging and enhancing creativity in an enterprise context. The University has spearheaded international efforts to find new ways of supporting students and to equip them for the 21st Century working environment, where flexibility and adaptability will be key skills.

As a result of its work in this field, UWTSD has become one of the best higher education institutions in the country for producing successful graduate start-up businesses. Earlier this year the University contributed to a major UK Government report, on behalf of the All-Party Parliamentary Group for Micro Businesses, which recognised the key role entrepreneurs play in the drive for growth, and which looked at the effectiveness of our education system in supporting our entrepreneurs.

The United Nations’ Chief of Entrepreneurship, Fiorina Mugione, recently chose UWTSD to support the UN’s Empretec programme, which inspires entrepreneurs in developing countries and countries with economies in transition.

The University’s track record involves significant contributions to major reports relating to enterprise and entrepreneurship education across the UK. This included The Wilson Review of Business-University Collaboration and the Quality Assurance Agency's (QAA) Guidelines for Enterprise and Entrepreneurship Education, which UWTSD chaired.

UWTSD also developed the first University-accredited enterprise and entrepreneurship-focused teacher training provision for school teachers, in collaboration with Welsh Government and other educational partners in 2011. The new approaches they devised, and in particular the learning outcomes and goals, were subsequently adopted by the European Commission’s Acknowledging and Developing Entrepreneurial Teacher Training (ADEPTT) project.

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