Innovate UK launches new 3-year programme for Young Innovators

 

New findings from Innovate UK show that half of young people in the UK think their age is a barrier to business success.

 

The findings are released as Innovate UK, part of UK Research and Innovation (UKRI) announces a £2.2m Young Innovators Programme in partnership with The Prince’s Trust.

 

The national Young Innovators Awards will go to 18–30 year olds with a creative and ground-breaking business idea to support them in turning it into reality.

 

The programme will support up to 100 young people over 3 years with individuals benefitting from a £5,000 grant, one-on-one coaching and an allowance to cover living costs.

 

Ben Marson, Director of Partnerships at The Prince’s Trust, said:

“At The Prince‚Äôs Trust we believe that every young person, no matter their background, should have the chance to thrive in work. We know the immense potential and entrepreneurial spirit of UK young people but not everyone has the opportunity to turn their ideas into reality.

Working with partners like Innovate UK on the Young Innovators programme allows us to encourage and enable entrepreneurship and innovation among more young people and bring diverse ideas and businesses into the economy”.

 

The Young Innovators Awards programme was launched in 2017 and has already engaged 12,000 young people through a high-profile communications campaign, Ideas Mean Business.

 

 

ONLINE EVENTS

 

Tools for growing your business idea webinar

Thursday 30 April 11am-1.30pm

This webinar will be focussed on providing you with the tools you need to take your ideas to the next level. This will include how to find your value proposition, how to deliver the perfect pitch and much more. You will also hear about the journeys and challenges of young, successful business owners.

 

The Young Innovators Awards: What is innovation?

Thursday 7 May 11am-12.30pm

This webinar will be focussed on providing you with information about the Young Innovators Awards, eligibility and the application process. You will also hear from successful businesses and what innovation means to them.

 

Register now here

 

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