Project information

The Enterprise programme

The Prince’s Trust Enterprise programme supports unemployed young people aged 18-30 to see if their business ideas are viable. Last year more than 8,000 young people across the UK joined our Enterprise programme to explore self employment.



Ongoing

Charity information: The Prince's Trust

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  • Need

    Need

    In the UK there are 1.9 million children living in a workless household which is the highest number in the EU. According to our recently published report ‘Destined for The Dole’ two-fifths of young people living in communities with high levels of unemployment worry they will never find a good job.

    Solution

    The Enterprise Programme helps young people to explore and test their business ideas, to empower them to start self employment and receive start up business support. For those who decide they are not ready to start a business we offer progression mentoring to help improve their employability skills and access training, employment and volunteering opportunities.

  • Aims

    Aim 1

    To put through 6038 young people through the Enterprise Programme

    Activities

    » Set up an eligibility criteria so that we reach young people aged 18-30 who are unemployed or working low hours and have a business idea
    » Engage with external organisations such as youth groups and job centre to identify eligible young people.
    » Promote via our website
    » Hold Information sessions - short group session to tell young people about the programme, its purpose and the support on offer.

    Success will be monitored and measured by our Evaluations Team. They will keep record as to if we put through 6038 young people through the programme


    Aim 2

    To reach 1500 business start ups.

    Activities

    » Explore Enterprise course. Four days for young people to learn about topics relevant to planning and running a business
    » Individual support, help think through, choose and plan their next step. For those who need financial support to test their idea, will it work grant
    » Mentoring and financial support. Business start up support in the form of business mentoring and financial support to get businesses started.

    Success will be monitored and measured by our Evaluations Team. They will keep record as to if we support 1500 business start ups


  • Impact

    Impact

    The young people The Prince's Trust supports have often overcome tremendous barriers, such as long-term unemployment or low self esteem. 86% of the young people helped by us go on to find work, education or training.

    Risk

    The Enterprise programme is our longest running programme and has been monitored and evaluated thoroughly. The goals we set are realistic.

    Reporting

    Funders of this project will receive a monthly e mail report as well as being able to follow case studies on our website.

  • Budget

    Budget - Project Cost: £11,500,000

    Loading graph....
      Amount Heading Description
      £11,500,000 Enterprise Programme Helping young people start businesses, grants, will it work, mentors and courses
  • Background

    Location

    UK

    Beneficiaries

    18-30, Long term unemployed, or working under 16 hours a week with business ideas. Disadvantaged backgrounds.

  • Why Us?

    Why Us?

    We are the UK's leading youth charity running for 36 years, supporting young people back into employment, training or education.

    Read more about the Charity running this project.

    People

    The Prince's Trust

    Leaders in understanding the needs of young people and the skills needed to start a business