The Prince's Trust

The Enterprise programme

The Prince’s Trust Enterprise programme provides disadvantaged young people aged 18-30 with the opportunity to explore whether or not self-employment is right for them. For those who decide to pursue self-employment, we offer support developing a business plan, with start up costs and mentoring.

history Campaign has now closed

It ran from 12:00 PM, 27 November 2018 to 12:00 PM, 4 December 2018

Registered Charity in England and Wales (1079675)

open_in_new http://www.princes-trust.org.uk
Check mark Match funded

Campaign target

£50,000

Amount raised

£86,450

Donations

54

    Categories

  • Education/Training/EmploymentEducation/Training/Employment
  • OtherOther

    Helping

Location

Situation

Youth unemployment remains stubbornly high, often at 4x that of the unemployment figure for those over 25. The Prince's Trust is keen to ensure that disadvantaged young people are not left behind and are given the opportunity to succeed and thrive. This often includes broadening their horizons and raising their aspirations to include self-employment as an option which they may not have previously dreamt possible.

Solution

The Enterprise programme has a proven track record with over 80,000 business start ups launched since 1983. Our ‘Trust in Business’ report confirms that sustainability rates amongst Prince’s Trust start-up businesses are extremely high. More than 76% of Trust supported businesses are still trading after two years and 73% after three years. The social return on investment ratio for the programme is estimated to be for every £1 spent, £4.31 in social value is generated.

  • ‚ÄúI‚Äôve been back to where I started on Enterprise to give inspirational talks, alongside the same teacher who took my course. That‚Äôs been pretty special. Without the help of The Prince‚Äôs Trust I wouldn‚Äôt be where I am today...I now employ 21 staff at my award winning nursery and plan to expand".

    — Young entrepreneur Laura Wayman 25, from Ferryhill, Durham, started her own nursery business within a month of completing The Enterprise Programme.

  • “I’ve been back to where I started on Enterprise to give inspirational talks, alongside the same teacher who took my course. That’s been pretty special. Without the help of The Prince’s Trust I wouldn’t be where I am today...I now employ 21 staff at my award winning nursery and plan to expand".

    — Young entrepreneur Laura Wayman 25, from Ferryhill, Durham, started her own nursery business within a month of completing The Enterprise Programme.