Evaluation of UK Trade & Investment’s Global Entrepreneur Programme

Practice area: Competition & Antitrust | Productivity, Innovation and New Economy | Public Policy
Client: UK Trade & Investment
Published: July, 2010
Keywords: qualitative analysis quantitative analysis stakeholder surveys and consultations

London Economics was commissioned by UKT Trade & Investment to evaluate its Global Entrepreneur Programme (GEP). The GEP is underpinned by the view that entrepreneurs look beyond national borders for the most attractive sources of capital, talent, guidance and access to markets. The key objectives of the programme include attracting entrepreneur led, early stage high growth potential, technology businesses and overseas based entrepreneurs to pursue new opportunities in the UK; and enhance perceptions of the UK as an entrepreneurial economy and location of choice for global entrepreneurs looking to internationalise their businesses at an early stage from a UK base.

The purpose of this evaluation study was to assess the economic rationale for attracting global entrepreneurs and early stage businesses to the UK and evaluate the impact and cost effectiveness of the Global Entrepreneur Programme, including the value for money it achieves for the taxpayer. The evaluation gathered and analysed a rich range of new evidence, as well as making full use of existing monitoring data.