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Graduate startups in the UK have created more than 10,000 new jobs despite the pandemic

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UK universities are taking part in a week-long campaign to highlight the role they play in local communities, boosting the economy and creating opportunities for all.

In a media release issued by Universities UK in the week “Britain gets results” the campaign will focus on the difference universities can make to the UK government’s advancement agenda through teaching, research, innovation, community and business collaboration, according to Erudera.com.

New data from the Higher Education Statistics Agency (HESA) has revealed that businesses created more than 10,000 new jobs in 2020/21 alone despite the COVID-19 pandemic.

The same source revealed that 15,793 active business graduates created around 46,723 jobs, up from 35,637 in the twelve months.

In addition, the figures show that universities across the country have offered more than £500m worth of consultancy advice to businesses of all sizes and have been involved in regeneration programs worth almost £300m.

During the event, which will be held from 4 to 11 July, the White Paper on the best practices of universities of the Upscaling Coalition will be presented in Parliament.

There will also be a meeting of the All-Party Parliamentary University Group, which will discuss the role of universities in accelerating upskilling.

On this occasion, the President of Universities UK and Vice-Chancellor of UWE Bristol, Steve West, said that the Government should offer universities the right conditions so that the latter can fully support business and the development of skills for all students, thereby contributing to a better Britain.

The rate of change at scale will be faster when universities are at the heart of communities and at the heart of local collaboration. The number of new jobs created by business graduates since the start of the pandemic shows how important universities and their students are to economic growth.” – said the West.

Former Secretary of State for Education Justine Greening said universities have a key role to play in encouraging entrepreneurship and expanding opportunities for students, adding that moving forward is a good opportunity to increase their role in the country’s communities.

“I have no doubt that our universities must be at the heart of plans to raise the standard of the UK,” – she emphasized.

The chairman of the All-Party Parliamentary University Group, Deputy Daniel Zeichner, called universities a great success story of the country, noting their contribution to the development of the local economy and changing lives.

The Getting Results UK campaign was launched in May 2021 to highlight the role of UK universities in the recovery from the COVID-19 pandemic.

British politicians have expressed their support for this campaign, which today has 10 million social media users and thousands of likes and shares.

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