Pictured above: Student Richard Burridge is fighting the credit crunch

An enterprising student from Coventry University has come up with a new website to help graduates fight back against the credit crunch by starting their own business.

Richard Burridge is currently studying for a BA in Enterprise and Entrepreneurship and has entered his website in a competition as part Enterprise Week at the University.

Richard's idea for the competition was to come up with a marketing strategy for promoting entrepreneurship at Coventry University and so he developed a website called www.StudentFightBack.com which highlights the fact that the job prospects for graduates is at an all time low and encourages them to set up in business for themselves.

The website gives graduates top tips on how to set up their own business and the reasons why setting up a business can prove to be a wise move.

For instance, as the website points out, "being self-employed means that you can decide where and when you work, earn potentially a good income and make the decisions on everything the business does."

Richard Burridge said: "My website covers all the basics on how to spot a business opportunity right through to launching it and promoting it. There is also a great deal of background material, learning tools and external links to organisations that can also help when setting up a business."

Richard is currently studying for a degree but at the same time, running a web design business called eMarketing Media Ltd.

Upon completion of his degree, he wants to work full-time on growing his business.