Shell Step has launched its 22^nd annual summer placement programme and is seeking SMEs to take on enterprising undergraduates. 

Every year Shell Step places hundreds of highly motivated students with small and medium-sized firms (SMEs) throughout the UK to undertake business projects during their summer breaks.   

The programme gives businesses the opportunity to add significant value to their bottom line. In 2007 a quarter of students added more than £15,000 worth of value to their host company's business, while two thirds added at least £5,000. Projects are tailored to companies' specific needs, so can help small businesses to plug their skills gaps. 

To find out about taking part in the programme, visit http://www.shellstep.org.uk.

On the flip side, perhaps you know university students who are looking for work during the summer vacation. Why not encourage them to sign up for paid work experience, which could add real value to their future CV, by visiting the same website. 

In 2007 Martin Energy Limited offered a placement to Ian Whiteside, a computer science and mathematics student. During his eight-week placement he was able to create a revenue stream for the business worth an estimated £4.3million with his new service, the "Demand Buyback System".  

Alastair Martin, managing director at Martin Energy Ltd said: "Iain's skills and ability were the perfect fit for our business and for the project he ultimately ended up delivering. His work will contribute to a product that could generate significant new income for the business." 

The 2007 students helped SMEs to produce new and enhanced products, marketing strategies, bespoke software, efficient administration processes and lots more. They provided solutions that saved time and money, developed new capabilities and outlined potential new markets. They also gained valuable business experience and transferable skills.  

James Smith, Chairman of Shell UK, said: "Shell Step lets undergraduates cut their teeth in the world of work and also helps the businesses they work for. Now in its 22nd year, it's great that the programme continues to be so popular and beneficial to all involved." 

Shell Step is a leading creator of tailored work placement programmes for students in small and medium-sized businesses. A national network of skilled agents matches student applicants, from all academic backgrounds, to predefined business projects that take place during the summer.  

Shell Step enables SMEs to gain added value for their companies while taking on work experience placements. Businesses get a taste of the increased knowledge and expertise of students, giving the company a burst of energy and ideas that can help make the future business better.