From April it will stop working with Potentia, a Welsh Development Agency-funded project that helps entrepreneurs before they set up their business.
A spokesman for the trust said it made the decision because its objectives differed from Potentia, which helps all young people, the elderly and the disabled.
The trust is now focusing on educational underachievers, long-term unemployed, offenders and people in or leaving care. It will continue to support young people who want to start businesses through Finance Wales, which is backed by the Welsh Assembly Government.
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