CFE

Centre for Entrepreneurs

The Centre for Entrepreneurs promotes the role of entrepreneurs in creating economic growth and social well-being.

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CFE

Centre for Entrepreneurs

The Centre for Entrepreneurs promotes the role of entrepreneurs in creating economic growth and social well-being.

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Advocating Entrepreneurship

Legatum holds the belief that economic progress and good governance emerge from entrepreneurship and innovations that empower ordinary citizens. With this as a goal, Legatum Foundation co-founded the Centre for Entrepreneurs (CFE) in October 2013 with Sunday Times columnist and serial entrepreneur Luke Johnson.

Today, CFE is one of the UK’s leading entrepreneurship think tanks. Since its launch, the Centre has advocated in-prison entrepreneurship programmes, uncovered how entrepreneurs are reviving seaside towns, championed angel investors as Britain’s unsung heroes and shattered negative stereotypes affecting women entrepreneurs. It has also published never-before-seen data on migrant entrepreneurs, annual company formation rates and local authority SME spending. 

In 2017, the Centre was acquired by The New Entrepreneurs Foundation in order to form a unified charitable foundation to undertake research, campaigns and programmes to advance entrepreneurship across the UK.

Between 2014 and 2017 the Centre took stewardship of the national enterprise campaign, StartUp Britain. The CFE team more than doubled the StartUp Britain network and ran two highly successful national bus tours as well as London and South Wales tours, visiting 70 towns and cities to provide free, impartial business advice to over 10,000 aspiring and early-stage entrepreneurs.

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Above: Gina Moffatt, founder of Blooming Scent and an ex-prisoner from Holloway Prison in London. In May 2016, CFE published the report "From inmates to entrepreneurs: how prison entrepreneurship can break the cycle of reoffending". Within this report, the Centre investigates the potential of supporting ex-prisoners into entrepreneurship in order to reduce reoffending. Unlike traditional employment, entrepreneurship does not discriminate on the basis of a criminal record, enabling ex-prisoners to pursue the opportunities best suited to their skillsets, attributes and interests while offering them a more flexible environment in which to reintegrate with society. CFE argues that the current emphasis on keeping prisoners in an environment wholly removed from the real world, and hoping they will find a job and support themselves once out, results in great human and financial waste. In an era where self-employment and entrepreneurship are transforming the nature of work, ex-prisoners disadvantaged through conventional employment have much to gain.

CFE's Partnerships

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Creating Our Jobs

The Centre partnered with fintech start-up, DueDil to address a neglected aspect of the immigration debate: the contribution of migrant entrepreneurs. Launched in the run-up to the European elections, ‘Migrant entrepreneurs: Building our businesses, creating our jobs’ challenged the tone of hostility towards immigration by presenting data and public opinion that celebrated migrant entrepreneurs and proved their extensive economic and social contribution to the UK.

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Spend Small

The Centre partnered with open data start-up, Spend Network to examine local government spending with small firms – a measure which indicates the accessibility and competitiveness of procurement processes and the ability for entrepreneurs to grow their business by winning valuable government contracts. ‘Spend small: The local authority spend index’ uncovers, for the first time, the rate of small firm spend by the 150 largest councils across England and Wales. Using councils’ own published spend data and an open methodology, the Index provides trusted figures and allows for reliable comparison between councils – something not previously possible using opaque, PR-driven statistics produced by many councils.​

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Supporting Entrepreneurs

Maserati partnered with the Centre for Entrepreneurs, a collaboration characterised by shared values in terms of the positive impact entrepreneurs have on the economy and society as a whole. The Maserati 100 initiative provides recognition for the entrepreneurs who generously give their time and resources to support young founders and encourages others to follow suit, thus developing entrepreneurship in the UK.