A pilot project to attract aspiring young entrepreneurs based across Scarborough, Norton on Derwent, Malton and Pickering is being launched.
The Youth Enterprise Bank is looking to support enterprising young people between the ages of 13 – 21 to offer guidance, financial support and practical advice to help get their business ideas of the ground.
The YEB has already won a number of awards for the work they do including the Enterprising Britain Competition 2015. It was also a runner up in the European Enterprise Awards last November after supporting hundreds of young people in Hull and the East Riding.
Charles Cracknell Hull Youth Enterprise Manager said:
“Both the Council and YEB have engaged with enterprising individuals from Scarborough and Ryedale over the years, so it was only natural for the team to partner up with colleagues in the area to expand the offer and encourage young people to take control of their future.
“We hope that young people based in these areas will take the opportunities offered by the YEB and that local businesses within the community will consider becoming mentors to assist the young entrepreneurs.
“With the entrepreneurial spirit spreading across the UK it is essential that we nurture home-grown talent and give young people the chance to consider running their own business.”
Councillor William Oxley, Ryedale District Council, said
"We are delighted that this pilot project to benefit young people with business ideas will now be brought to Norton on Derwent, Malton and Pickering and would hope to see it rolled out across Ryedale in the future.
“Small businesses are the lifeblood of a rural area and we need to encourage and support the spirit of enterprise. It is another way in which businesses can engage with young people to help develop both employability and enterprise skills, an area in which RDC is already actively involved.
“Hull is a beacon in the field of enterprise education and youth entrepreneurship and we are excited by this initiative and working with Hull City Council."
Tina Boden, founder of Enterprise Rockers, said:
“As a group that works with small businesses across the UK and champions of Micro Biz Matters Day we are delighted to be working with Hull City Council and the John Cracknell Youth Enterprise Bank in promoting the Big 13 enterprise skills and your youth entrepreneurship programme.
“As I travel up and down the country it is obvious to me that Hull has managed to put all the ingredients together to make a fantastic youth enterprise programme and I hope that in Scarborough and Ryedale we can see young people develop their enterprising idea thanks to the great work that the YEB do.”
ENDS
Notes to editors:
The Youth Enterprise Bank and The Youth Enterprise Bank and its management committee have always been supported by, and involved, young entrepreneurs and local businesses and in the last three years has received significant input from Hull based telecommunications company KC (£60,000).
The Youth Enterprise Bank also has a Bondholder scheme http://www.jcyeb-bondholders.co.uk enabling local businesses to donate from £250 to £1000. These funds are used to support local young entrepreneurs with the bondholders being recognised for their support and commitment to young people and the local economy.
