Youth Business Scotland
Youth Business Scotland supports young people
aged 18 to 30 years old to start-up and continue in
business.
By providing essential funding and professional
mentoring support, Youth Business Scotland gives vital support to
young people interested in entrepreneurship.
Business start-up support
The programme gives practical advice on how to start up a
business, how to write a business plan, introductory finance
training as well as offering loans of up to £5,000 and grants of up
to £1,000. Youth Business Scotland works closely with partners
across the Enterprise Network in Scotland and facilitates regular
Elevator events for young people, offering them a chance to hear
from business leaders and an opportunity to sharpen their
networking skills.
On-going support
In addition to helping young people start-up in business, Youth
Business Scotland assists entrepreneurs who have previously been
supported by The Trust to grow their existing business.
The Growth Fund offers development loans of up to £10,000 and
Accelerator Loans of up to £25,000 to those seeking to expand their
business.
The Innovation Fund aims to help 18 to 30 year olds with an
innovative concept or product to secure funding to take their idea
to the next stage. Loans of up to £30,000 are available.
Is it for me?
Youth Business Scotland is for people who:
- are 18 to 30 years old
- have a business idea they want to progress
- have a trade which they would like to develop into a
business
- are looking to develop a business which was previously funded
by the Prince’s Scottish Youth Business Trust
Youth Business Scotland has supported a huge variety of business
start-ups including artists, dog walkers, beauticians, jewellery
designers, event organisers, fishermen, food manufacturers and many
more.
Background
In 2012, The Prince’s Trust Scotland and sister charity, The
Prince’s Scottish Youth Business Trust merged to provide
comprehensive support to young people in Scotland.
Those aged 26 to 30 must be unemployed or working fewer than 16
hours per week.
For further information, please visit www.psybt.org.uk or call 0141 248
4999
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