Published: 21st Jul 2014

Last week, business secretary Vince Cable hosted a ceremony celebrating 3,000 businesses launched with the support of Outset, our enterprise creation and support service. That we’ve achieved this milestone in a just over four years – working exclusively in deprived areas such as inner city wards, isolated rural and rundown coastal communities – is a testament to the effectiveness of our proven methodology. And it provides valuable lessons for others seeking to replicate our success. Launched in 2009 by the YTKO Group, Outset helps people from a range of backgrounds to become economically active through self-employment. To date, the service is estimated to have reduced the benefit bill, and generated GVA and tax receipts, to the tune of around £42m – delivering a 197% return on investment for funders. But ‘equipping people for enterprise’ is just part of the Outset story. The programme’s combination of personal development, business skills training … (To read the full article, subscribe below)