University celebrates top ranking for social enterprises in new study

Wed 20 September, 2023
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The University of Bedfordshire has ranked first for students going on to create successful social enterprises in a new study of the UK’s most entrepreneurial universities.

Experts from, using data from the Higher Education Statistics Agency (HESA), analysed the UK’s most entrepreneurial universities and ranked them in lists of different business areas including turnover and employment. The study found that the University has been involved in developing 105 active social enterprises.

The first place ranking refers to social enterprises involving the University which are still trading after three years, with an impressive 77 businesses still going strong, indicating an important emphasis on social entrepreneurship in both the curriculum and student activities.

Professor Andrew Church, Pro Vice Chancellor for Research & Innovation, commented: “This new study is excellent news for the University and testament to our unwavering commitment to helping our students and alumni achieve their business goals. We are extremely proud of the work we do in the business sector, particularly with developing social enterprises to help make a different to the local community, and are pleased to see that recognised with these new findings.”

The University of Bedfordshire has a long history of helping students and alumni develop successful start-up companies through business support and advice offered from the Research and Innovation Service. This includes workshops and one-to-one sessions to help grow ideas and take the first steps on your business journey.

Cam Jaques, Business Insurance expert, added: “Our research has revealed that the University of Bedfordshire is something of a beacon for social entrepreneurship. This is a testament to the University’s commitment to nurturing leaders who believe in doing business for the greater good. Their dedication to fostering social enterprises reflects an understanding that doing business isn't just about financial growth but about doing good too.

“This approach not only enlightens students about the importance of combining business with social impact but also ushers them into a world of rich career prospects. 288 people are currently employed by these social enterprises, with an estimated turnover of just over £8 million, showcasing the tangible impact of the University’s approach.”


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