Earlier this week, a new initiative was launched to encourage greater entrepreneurship across the UK. Start-up Britain, backed by the UK Government as well as 60 global brands such as Axa, Barclays, BlackBerry and Google, as well as the Government, will offer up to £1,500 worth of special offers to people setting up a new business. It will also support competitions to encourage greater entrepreneurship, offer entrepreneurial work placements and provide free mentoring to those looking to start a new venture. Sir Richard Branson, one of the backers of the initiative, rightly said that “firing up a new generation of entrepreneurs will be a crucial part of our recovery and essential for creating sustainable growth in Britain over the next decade and beyond.” Yet, in Wales, there is a sense of déjà vu about all of this. Back in 1999, the private sector led Entrepreneurship Action Plan (EAP) was launched as the first regional enterprise strategy of its kind in the World. True, it ...