The number of UK entrepreneurs is set to shoot up in 2016, suggests figures which show a 200 per cent annual increase in the number of online courses being taken on entrepreneurship.
Udemy, a global marketplace for learning and teaching, has seen more than 40,000 Brits enrol in online entrepreneurship courses over the last year, three times more than in 2014.
Small businesses already represent 99.3 per cent of all UK companies, and an estimated 600,000 new businesses were launched in 2015, a figure which has been steadily growing each year from 440,000 in 2011.
There were a record 5.4 million private sector businesses in the UK at the start of 2015, an increase of 146,000 since 2014 and 1.9 million more than 2000.
Of Udemy’s 133 course categories, entrepreneurship is the fastest-growing in the UK. Courses in the home business category have also seen strong growth with a 167 per cent annual increase in 2015.
Entrepreneurship is now the fifth most popular type of course in the UK following web development, programming languages, mobile apps, and design tools, the organisation finds.
While government-backed schemes such as Help to Grow and StartUp Britain are helping more people embrace entrepreneurship, there are also a growing number of tools that are making it easier to start a business.
Udemy CEo Dennis Yang says that people are feeling insecure about the traditional jobs market and want to take control of their careers, and one way they’re doing that is by starting their own businesses.
‘Technology is now available that makes building a business cheaper and quicker than ever, but individuals still need help learning to use those new tools. That’s where online learning can accelerate the process, allowing aspiring British entrepreneurs to develop the skills they need at their own time and pace.
‘Empowered with the right skill set, the UK’s army of entrepreneurs is only set to get stronger.”
Further reading on entrepreneurship