Project information

Unlocking Potential

Students find out what it's like to set up and run a business. They set up and run a company, from raising the initial share capital through to designing their product/service, 'Learning through Doing'. Employability and financial education helps unlock their potential & improve future prospects.

November 2016 - July 2017

Charity information: Young Enterprise

Young Enterprise logo
  • Need


    All young people have great potential - and we have to empower them to be everything they can be, not just what an education system turns them into. In September 2014 records showed that 5,000 18-24 year olds in Wales had been on jobseekers allowance for more than a year, a 15 year high. Most young people leaving school with less than 5 GCSE's come from disadvantaged backgrounds.


    Working in areas of disadvantage, we provide consistency of access to opportunities to develop confidence, resilience and employability skills. We make business relevant to the daily lives of young people. Our programmes spark their energy and enthusiasm, helping them to discover their individual talents and achieve what they thought was impossible.

  • Aims

    Aim 1

    To inspire young people, and build on their potential for fulfilling futures.


    » Through the process of running a business and engaging in all of its associated roles including coming up with their own business idea.
    » Attending Trade Fairs and engaging with the public.
    » Through interaction with volunteers from the business community who will mentor, encourage and share life and business experience.

    What success will look like

    Run Trade fairs for the students to sell their products and invite them to enter the Team Programme competition to display their company and win awards

    Aim 2

    To support ALL young people, especially those who
    need our help the most.


    » Students with Special Educational Needs (SEN) work in teams to set up & run a real company, managing money & learning skills for independent living.

    What success will look like

    To engage with young people from deprived areas attending specifically targeted schools/colleges.-

    Aim 3

    To make the connection between school and the world of work.


    » Setting up their own business and therefore developing key employability skills including teamwork, communication and resilience.
    » Attending themed Masterclass sessions supported by local business volunteers.

    What success will look like

    Quantitative and qualitative evaluation of the distance travelled by the individual students.

  • Impact


    The programme develops life skills which are fundamental for young people making the transition from education: Communication; Confidence; Teamwork; Resilience; Money Management. This will be demonstrated through evaluation and long term by studies with employers regarding the quality of interviewees/employees.


    The project depends on high levels of support from business volunteers. We have built up a healthy data base of volunteers waiting for schools to participate in the year long Company/Team Programme and also one day Masterclass sessions.


    In keeping with their requirements.

  • Budget

    Budget - Project Cost: £160,000

    Loading graph....
      Amount Heading Description
      £45,000 Company Programmes 30 student companies
      £20,000 Enterprise workshops Masterclass sessions for 300 students
      £15,000 Competitions 6 local competitions and a Regional Final
      £10,000 Safe Guarding training and DBS checks
      £70,000 Admin staff costs including mileage

    Current Funding / Pledges

    Source Amount
    National Fundraising Teamt £80,000 Guaranteed
  • Background


    Pan Wales


    young people aged 15-19 years

  • Why Us?

    Why Us?

    Since 1962, we’ve been creating and developing programmes that complement the school experience and encourage young people to realise the extent of their own talents.

    Since we were established, 3.8 million young people have taken part in Young Enterprise programmes in the UK. One million of these have run businesses for a year on our Company Programme. We take evaluation very seriously and that’s why we measure the impact of everything we do.

    Read more about the Charity running this project.


    Anne Colwill

    Project Manager

    Andrew Cotton

    Local Young Enterprise Manager who will work directly with the young people in the South Wales Valleys, Powys, Newport and Torfaen.

    Sarah Lewis

    Local Young Enterprise Manager who will work directly with the young people in the Cardiff, Vale of Glamorgan and West Wales areas.

    Selwyn Griffith

    Local Young Enterprise Manager who will work directly with the young people in North Wales.