Ideas Mean Business - Young Innovators' Programme

Closing Date: 
Tuesday, 30 January, 2018 - 12:00
Maximum Available: 
Discretionary

This nationwide initiative aims to find the next generation of young UK innovators and provide them with support, advice and funding.

Innovate UK, in partnership with The Prince’s Trust, commissioned YouGov to carry out independent research with 18 to 30-year-olds that are not in employment, education or training (NEETs), or in a form of insecure or under-employment, to explore attitudes towards innovation and entrepreneurship.

Findings include:

  • Two in five young people surveyed (39%) have had ideas for products and services they think they could sell.
  • More than half (54%) would like to run their own company.
  • 82% view the business sector as difficult to access.
  • only 8% would describe themselves as entrepreneurial.

Insights from the research will inform the Ideas Mean Business Young Innovators' Programme. This is an opportunity for young people to explore the potential of their ideas for business. It will offer funding, expert advice and connections to a new network of people and organisations working in innovation.

This nationwide initiative aims to find the next generation of young UK innovators and provide them with support, advice and funding. Open to 18-30 year olds from a wide range of backgrounds, who are looking to take their ideas to the next level, the initiative will enable applicants to quickly receive advice, guidance and the chance to get access to transformative backing; helping to turn their ideas into reality.

Applicants must be:

  • A UK resident that has the right to work in the UK, or applying for the right to do so.
  • Unemployed or working under 35 hours a week.
  • Not studying or studying under 14 hours a week.
  • Aged between 18 and 30.

Applicants will be helped to exploit their enterprising ideas. For example:

  • Making a change in a local community.
  • Ideas for a new way to use technology to fix an everyday problem.
  • Idea of a new way to tackle an environmental issue.

For further Details, please visit: https://www.princes-trust.org.uk/help-for-young-people/princes-trust-onl...