Are you interested in entrepreneurship?
In today's Inside View interview we speak to Neeta Patel, CEO of the New Entrepreneurs Foundation (NEF).
In case you didn't hear about the NEF already, it is a charitable organization set up in 2010 with the vision of developing the next generation of entrepreneurs in the UK.
Neeta, the CEO, is an experienced executive with over 20 years of strategy and operational leadership experience in launching new ventures. Her educational background includes an MBA (Marketing) from Cass Business School and a Sloan Fellowship in Strategy and Leadership from London Business School.
Neeta is passionate about business and encouraging young people into entrepreneurship... And her goal is to help young, aspiring entrepreneurs to increase their chances of business success.
In today's Inside View interview she is going to tell you about the NEF, how it's different from regular graduate training schemes and how you can be a part of the 2013/14 programme.
What is the NEF and what was it set up to achieve?
The New Entrepreneurship Foundation is a not-for-profit organisation with charitable status, set up in 2010. The aim of the Foundation's unrivalled 12-month programme is to develop a new generation of outstanding entrepreneurs who will establish and build market-leading businesses.
By equipping young entrepreneurs with hands-on experience, skills and networks to build scalable businesses, we hope that they will play a key role in driving Britain’s future growth and prosperity. The Foundation is supported by some of the best known corporates as well as by established business figures and successful entrepreneurs.
What does the scheme entail?
The programme consists of four main components: a 12-month paid work placement alongside a successful entrepreneur and their management team; an intensive and interactive learning and development programme; monthly networking events; and executive coaching.
How is the scheme different from regular graduate training schemes?
First of all, our scheme is open to both graduates as well as non-graduates. We are looking for people who can demonstrate a keen interest in becoming a successful entrepreneur - experience and education aren’t our primary selection criteria.
For the right candidates, we open doors for them and support them in every aspect of their entrepreneurial journey. The opportunity to learn the ropes first-hand working for a successful entrepreneur is a unique proposition for our candidates, as well as having opportunities to hear from and network with some of the country's top business leaders, such as Brent Hoberman, Sherry Coutu, Sir Charles Dunstone, Joe Cohen, Luke Johnson and Marcia Kilgore.
This combined with our monthly events allow candidates to develop and build a really strong network, which will be invaluable when they start their new business.
Can you give us some examples of the companies that you have placed people in for 12 months?
Our candidates have been placed at companies in a variety of sectors, including: Monitise, Seatwave, The Hut Group, Made.com, FitFlop, MyDeco.com, TalkTalk and Travelex. They have also benefited from business giants, including Deloitte, McKinsey and Tesco, and business schools such as London Business School, UCL and Cambridge Judge Business School.
Is the scheme open to Masters students and MBAs?
Yes - there are no education or experience standards for applicants.
Have you had any business students participate?
Yes, we have had a number of post MBA candidates who have applied for the programme.
Do you have to be a UK national to apply?
Applicants must have the right to live and work in the UK as we cannot support work permits
What's the typical salary?
For a placement in London, it is £21,000/year; outside of London, £19,000 - most of our work placements are currently in London and the South East but some placements are further afield
How many places do you have left to fill this year?
We have 35 places this year, and are still accepting applications until the end of this month - we have had over 800 applications so far.
What skills and attributes do you look for in applicants?
We are looking for people who have a real passion for business, and a strong desire to be a successful entrepreneur. Typical attributes we look for include: leadership and entrepreneurial skills, exceptional drive and ambition, initiative; strong commercial acumen; outstanding self-awareness and humility.
When is the deadline?
Student Reviews
Best Journalism school in Europe
When I first stepped onto the campus of City, University of London, I knew I was in for a ride - and not just on the Tube! With its vibrant energy and an impressive repertoire of programs, City U became my home away from home.
The Journalism program was kind of a big deal. Rumour was that we were the best in Europe!
The lecturers were not just experts in their field; they’re practically journalistic royalty. They were invested, passionate, and had a knack for turning the most flat press release into a riveting news story. With their guidance, I’ve learned to navigate the chaotic world of media like a pro.
The campus was a melting pot of every culture, being that we had such a diverse international crowd.
Being in the heart of London, I had the world at my fingertips - there was always a new corner to explore, a hidden gem of a cafe to discover, or a street performer!
City, University of London wasn't just a university; it was a chapter in my life story that I’ll never forget.
Learning environment
The teacher-learner ration is manageable, giving each learner a chance to gain personal attention. It is also easier following up on the progress of a student, as the numbers per class is not large. the conducive environment for learning includes clean classes, standard desks, world class instructional facilities and the opportunity to engage lecturers even after their sessions. The team spirit at City is above board, with learners getting chance to learn both from instructors and colleagues. This is the university of choice; the place to be.
Classes
I liked that each class had a manageable number of learners, making the professor-learner ratio favor knowledge acquisition. I also liked that study schedules were manageable, and not overwhelming. The focus on talents and gifts even within the learning environment makes it possible for learners to achieve the best of their potential, and this has worked to the advantage of those that have schooled at City, University of London
Classes
The diversity at City University facilitates interactions and is a direction toward the unity of the world. The classes are well built to match the number and needs of all students regardless of the elements of diversity that set people apart. The use of technology in delivery makes learning even more interesting and achievable. At City University there is no distinction pegged on the issues that make people unique.
professors
The team of lecturers at the Uiversity are well experienced. Their level of insight and the methodologies of delivery works for the interes of the leaeners. My learning experience was largely boosted by the level of knowledge of the professors at the institution, and their passion to transfer the same to learners. I appreciate every class I attended because of the level of insight I was able to gather
The best university I’ve been to
The campus and the people I've met have made it a wonderful experience. I was reared in a small town with a graduating class of only 88 individuals, so moving to City University was a huge adjustment for me. My dorm has more residents than my whole high school combined! I enjoy the atmosphere here, and everyone is so friendly. Outstanding academic options and a stunning campus. Really great from beginning to end. The educators genuinely love what they do, and the students are ready to learn. On or around college, there is always something to do with friends, and the social scene is particularly warm.
Bayes Business School
As a student at City university attending Bayes Business School I would totally recommend choosing this university as the experience is exceptional with great social networking opportunities . Professors are significantly helpful, delivering with excellence and professionalism. Everyone is happy to help and make you feel welcomed in such an esteem university as City, offering exceptional development and guidance through out the course.
Economics and Politics
Incredibly amazing university, the way they polish students and help them boost their morale and think intellectually is worthwhile. Many universities have international partnerships to allow exchanges between their students. The most obvious subjects for these opportunities would be those that involve languages, and the study of people and places.
Clinical biology
I really like it it’s perfect for me with not too many people and not too few either. All the modules are amazing. I love the toy bar. I love all the societies that I’ma part of. Especially the colour Bollywood society
Unlocking My Potential at City University London
My time at City University London was truly transformative. The university's vibrant community and diverse extracurricular activities allowed me to forge lifelong friendships and professional connections that extend beyond the classroom. I was impressed by the university's commitment to academic rigor, character development, and personal growth, which created an ideal environment for me to reach my full potential. The research-driven and industry-relevant curriculum provided me with a solid foundation in international business, while the dedicated faculty and staff offered invaluable guidance and support. I feel grateful for the well-rounded education and holistic experience that City University London offered, preparing me for success in my career and beyond.
Rather interesting
The academics are tough, but in a good way. The professors are experts in their fields, so you know you’re learning from the best. They push you to think for yourself and really dive deep into the subjects. But it’s not all about hitting the books; London itself is like an extension of the campus. You’ve got museums, galleries, and just the general buzz of the city to keep you inspired.
Urban campus life
At the University of London, I have experienced dynamic and diverse academic environment where I was challenged by rigorous coursework. You will have the flexibility to choose from the wide range of courses, participate in numerous extra-curricular activities and take advantage of the many opportunities
