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Haringey Borough Council and Enfield Borough Council awarded £200,000 to help young entrepreneurs
Young entrepreneurs have the chance to pitch to a Dragon’s Den-style panel of experts for funding and support for their business ideas.
Haringey Borough Council, in partnership with Enfield Borough Council, has been awarded £200,000 by the City of London Corporation’s charity City Bridge Trust to help young people trying to start their own business or find work.
The money will let both councils work with the youth charity, the Prince’s Trust, to focus on helping hundreds of young people become self-employed by testing and exploring their plans during the next two years.
The Prince’s Trust will offer youngsters with viable business ideas to pitch to their Business Launch Group for low-interest loans and grants.
Councillor Joe Goldberg, Haringey Council’s cabinet member for employment, said: “I never fail to be impressed with the ambitions and enthusiasm of Haringey’s young people and we’re determined to do all we can to support them in finding lasting work.
“This scheme will offer vital funding and support from experts to ambitious young entrepreneurs to help turn their ideas into reality.”
Cllr Del Goddard, Enfield council’s cabinet member for business and regeneration, said the authority is committed to giving young people the skills and training they need to get jobs.
He said: “The council has a robust approach to tackling youth unemployment and this money will help us get even more young people into the world of work.
“Enfield Council is committed to giving young people the skills and training they need to get jobs or start their own businesses.
"We believe young citizens are our future so working with organisations such as the Prince’s Trust will help unemployed youngsters find the right job.”
The funding will be released over two years, starting in August, and is aimed at young people who are not in education, employment or training.
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