Commonwealth: Young Entrepreneurs

Baroness Benjamin Excerpts

Monday 24th November 2014 Lords Chamber

Asked by

[Baroness Benjamin]

To ask Her Majesty’s Government what steps they are taking to encourage links with young entrepreneurs in the Caribbean and across the Commonwealth.

Baroness Benjamin (LD): My Lords, I beg leave to ask the Question standing in my name on the Order Paper and, in so doing, I declare an interest as a vice-president of the Royal Commonwealth Society.

[Lord Wallace of Saltaire (LD)]

My Lords, at the UK-Caribbean Ministerial Forum in June, both sides committed to bringing together young leaders in business, entrepreneurship, civil society and academia. In 2014, our support for the Caribbean has included progressing scholarship programmes between higher education institutions and the UK, and enhancing regional competitiveness and enterprise innovation. In the wider Commonwealth, the range of UK programmes includes supporting a social entrepreneurship programme for young women in India.

[Baroness Benjamin]

I thank my noble friend for that encouraging Answer. As part of her Diamond Jubilee, Her Majesty created the Queen’s Young Leaders Award. Part of that programme is to discover, develop and nurture young entrepreneurs across the Commonwealth, which is wonderful. However, more opportunities are needed for young entrepreneurs, especially in the Caribbean. What are the Government doing to encourage links between business schools here in Britain and those in the Caribbean? How much priority does DfID give to encouraging entrepreneurship in the Caribbean?

[Lord Wallace of Saltaire]

My Lords, it is not just a question of DfID programmes: there are also UKTI programmes and British Council programmes. The British Council is concerned particularly with a creative young entrepreneurs’ programme, which covers the Caribbean as well as some other areas. It is clearly the sort of area where services and new industries can develop.