61% of scale-ups said that they would be able to grow faster if it were easier to attract people from industry
The Start-up Institute helps to give people who are unemployed the right skills for working in a start-up. Established in Boston two years ago, in response to complaints from company founders that they didn't know where to find the right people to grow their companies, the Start-up Institute aims to prepare young people for jobs in start-ups or early stage companies. Students pay for the course but are able to defer tuition fees by paying a deposit and then working off the rest in small instalments. If they find a job with one of the institute’s hiring partners, that employer will pay the balance. Nine out of 10 participants on the programme find a job with an early stage company within three months of completion.