Student enterprises involve creativity, design, problem solving, original thinking and their practical application. By combining these aspects in a single activity, student enterprises become a rich source of learning, which is rewarding in itself and also enhances employability.
Through enterprise education, students gain a different perspective on their career options, and develop the confidence to establish their own business. Also, learning within a student enterprise boosts essential skills that employers say they need graduates to have: the ability to work flexibly, problem solving and creative thinking, initiative, self-discipline and teamwork.
Additionally, student enterprises can generate positive impact for an HEI. Graduate start-ups or spin-out companies lead to positive publicity, help to build credibility, and can forge new external relationships. The UK Department of Education’s Teaching Excellence Framework (TEF) recognises the value of enterprise and entrepreneurship, and makes specific reference to it.