Enterprise Programme

Project information

Index: 0570R2
Acronym:ENSPIRE EU
Priority:1: Innovation and the knowledge economy
Sub Theme:Entrepreneurship and SMEs
Location UNITED KINGDOM SOUTH EAST England, Wales and Northern Ireland Hampshire and Isle of Wight Start/End date of the practice
Start: first initiative 1976, renewed 2010

Topic of the practice

support for young unemployed people

Good Practice Information

The Prince's Trust was founded in 1976 by The Prince of Wales. Having completed his duty in the Royal Navy, His Royal Highness became dedicated to improving the lives of disadvantaged young people in the UK, and began The Trust to deliver on that commitment. The Prince’s Trust Enterprise Programme supports unemployed young people aged 18-30 to work out if their business ideas are viable and whether self-employment is right for them
The Enterprise Programme is for people who:
• Have a business idea they want help to explore
• Are aged 18-30
• Are unemployed or working less than 16 hours a week
• Live in England, Wales, or Northern Ireland
Start-up services and finance to help young people to start their own business - Start-up Services - Start-up Finance - Training, mentors, business planning - Grants are available for young people who are:• educational underachievers • offenders and ex-offenders
• unemployed • in or leaving care
Additional Support for young people on the Enterprise Programme:• Exclusive rates on their mobile phone bills, helping new businesses to network for less
• Legal Helpline providing professional legal advice on almost any legal issue

Evidence of success

Since January 2010, the Enterprise Programme has helped 82 young people in Hampshire and 1,712 young people across the UK interested in self employment to explore and test their ideas, write plans and start their own businesses or achieve alternative outcomes in education, training, volunteering or work.
The Prince's Trust has helped more than 70,000 young people set up in business since 1983.

Contact details to obtain further information on the practice

Ben MARSON

PRINCE’S TRUST

www.princes-trust.org.uk/need_help/enterprise_programme.aspx

Annex completed on: 09-19-2011

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