In December 2006 CFE was commissioned by the Learning and Skills Council (LSC) to undertake an evaluation of the New Entrepreneur Scholarship (NES) Programme.
NES helps people living in deprived areas to start in business where they would otherwise be unable to and equips them with transferable business management skills. The programme is managed and delivered by university business schools, enterprise agencies and the Prince's Trust and provides a comprehensive package of support including part-time management education, grants and on-going business mentoring. Since its inception in 2000, approximately 6,000 scholarships have been awarded across the nine English regions.
The evaluation took place over a five month period and through qualitative and quantitative research assessed:
The research findings were able to inform the future strategic direction of the programme including enhancing regional partnerships, client recruitment and the content and focus of management education, in addition to creating an initial benchmark for the impact of the programme on client destinations.