If you’re aged 18 to 30 and have a business idea you’d like to explore, The King’s Trust offers a dedicated programme to help young people across the UK take their first steps into self-employment.
The Enterprise programme provides free support for those who want to turn their idea into a reality. It includes one-to-one mentoring, business guidance, support to develop a business plan and cashflow forecast, and post-launch advice for up to three years.
Participants can also access funding opportunities, including a Test My Business Grant of up to £500 and a start-up funding package. This package may include a grant of up to £5,000 and a loan of between £500 and £25,000. In total, eligible young entrepreneurs could access up to £30,000 in start-up support, depending on the viability of the business and affordability.
To apply, you must:
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Be aged 18 to 30
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Be based in the UK and have the right to work here
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Be ready to start a business within 12 months
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Intend for your business to operate in the UK
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Own or plan to own at least 50% of the business
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Be part of The King’s Trust Enterprise programme
This support is open to those across England, Scotland, Wales and Northern Ireland, and is a great opportunity for young people in Devon and Somerset to build the foundations of a sustainable business with guidance along the way.
Find out more: https://www.kingstrust.org.uk/how-we-can-help/support-starting-business
