A new group of high profile business owners will meet in Sheffield this week and come up with solutions for tackling youth unemployment.
The inaugural E20 summit will take place on Wednesday at Chatsworth House as part of the three-day MADE Festival. Delegates include Lord Bilimoria, chairman of Cobra Beer; Doug Richard, founder of School for Startups and Will King, CEO of King of Shaves.
The group will focus on the issue of the 'Missing Million', the high number of NEETs, 16-24 year olds not in education, employment or training. Recent figures showed that the level of young unemployed people in the UK rose by 5.8% over the last year, to 1.01m.
The business owners will develop an action plan and deliver ideas around access to finance, mentoring, apprenticeships and enterprise education.
The full delegate list is:
- Lord Young of Graffham (chair)
- Lord Bilimoria, founder and chairman, Cobra Beer
- Will Butler-Adams, managing director, Brompton Bicycles
- Tim Campbell, founder and CEO, The Bright Ideas Trust
- Joe Cohen, founder and CEO, Seatwave
- Luke Johnson, chairman, Risk Capital Partners
- Emma Jones, founder, Enterprise Nation
- Will King, founder and CEO, King of Shaves
- Rupert Lee-Browne, founder and CEO, Caxton FX
- Paul Lindley, founder and CEO, Ella’s Kitchen
- Lara Morgan, founder, Company Shortcuts
- Peter Mountford, chairman, Mountford Capital Ltd and chairman, Heropreneurs
- Dale Murray, angel investor
- Jamie Murray-Wells, founder and executive chairman, Glasses Direct
- Jude Ower, founder and CEO, Playmob
- Penny Power, founder, Digital Youth Academy
- Doug Richard, founder, School for Startups
- David Richards, co-founder and CEO, WANdisco
- Stephan Shakespeare, co-founder and global CEO, YouGov
- Shaa Wasmund, founder and CEO, Smarta
- Edward Wray, co-founder, Betfair
- Ketan Makwana, founder, Youth Enterprise Live
Young entrepreneurs attending are:
- Ruth Amos, founder, StairSteady
- Carrie Green, founder, Female Entrepreneur Associaiton
- Kieran Miles, founder, LIVE Global
- Henna Mushtaq, highlycommended, National Entrepreneur of the Year 2012 awards
- Rob Nunn, managing director & chairman, RTii Ltd
Michael Hayman, chairman of MADE: The Entrepreneur Festival and co-founder of Seven Hills, said: "The E20 will harness the power of entrepreneurs to address the big challenges facing Britain today.
"MADE: The Entrepreneur Festival is all about inspiring and celebrating Britain's enterprise culture and the E20 will can make an active contribution to the social and economic problems that we face.
"The intent of this group is to make a difference to communities the length and breadth of the country with can-do ideas that aim to inspire a new enterprise generation."