Funding The trust's start-up fund invests in young people's ideas by loaning them at least £5,000 to help cover the costs associated with setting up a business. Providing a loan rather than a grant means young people learn the skills of running a business, and loan repayments are ploughed back into the charity to fund further ideas.
Funder The Bright Ideas Trust
Aim To provide young people in London who are not in education, employment or training (Neet) with advice, mentoring and financial support to turn their entrepreneurial business ideas into real ventures.
Who can apply? Young people aged between 16 and 30 who are based in London and are Neet. Applicants can either be in early stages of trading or must have a solid idea for a business start-up.
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