Grants to help young people get business start
FOUR organisations that support youth enterprise in Yorkshire have been awarded a total of £116,900 in grants as part of RBS’s Inspiring Enterprise scheme.
Erewash Partnership, which scooped £11,900, is an award winning BIS Accredited Enterprise Agency with 18 years’ experience of helping people to plan, start and grow their own business.
The agency aims to foster a culture of entrepreneurship in schools, give skills training in how to set up and run a business to 15 to 18 year olds and to develop a business simulation kit that schools can use for years to come.
The funding will pay for the simulation development and the kits, a comprehensive business start-up programme for two years, regular business to school contact and real experience of running as a market trader.
The National Market Traders’ Federation, based in Barnsley, is running a competition, First Pitch, for young people to run their own business and given support for a year to be a market trader. The federation was awarded £50,000.
Also granted £50,000 was Social Enterprise Support Centre (SESC) in West Yorkshire. SESC is going to use the grant to find 100 West Yorkshire intrepid explorers to travel with them on a fast track to being their own boss called Exploring Enterprise.
Aged between 16 and 30 they will design their own map and travel plans. Along the way people will get the company of other explorers in sector ‘clusters’, meeting with those who have done it before in industry visits.
Finally, York’s NYBEP, a leading education business partnership with the specialist capability to nurture talent for successful futures, has been granted £5,000.
It brings together schools, colleges, higher education and business working regionally and nationally.
The grant will be used to run The Griffins’ Nest – an enterprise and creativity challenge designed to encourage young people to think about starting their own business.
The RBS Inspiring Youth Enterprise has been designed to encourage more young people to explore enterprise, build their skills, start up and succeed in business.
The group is making £500,000 of grants available every year for the next three years.
Thom Kenrick, from the Royal Bank of Scotland, said: “We want to get more young people interested in enterprise. The aim of Inspiring Youth Enterprise is to help 100,000 young people to explore enterprise, develop their enterprising skills and start up in business, whatever their background, by the end of 2015.
“We are delighted that these organisations in Yorkshire have been successful and received a grant to undertake a programme to inspire youth enterprise in their community, and help us in achieving this goal.”
