A new initiative is being launched to help give 16 to 25-year-olds the confidence, knowledge and mentoring to take their first steps into business.
The six-week Young Entrepreneur Support Programme runs from 27 October to 8 December and is the result of a partnership between Lichfield District Council and technology firm AVolution.
Interactive workshops, one-to-one mentoring and micro-grants will cover all stages of setting up a business – from idea development and business planning to marketing, digital skills and finance – with the aim of helping them turn bright ideas into viable business ventures.
Councillor Rob Strachan, Lichfield District Council’s cabinet member for finance and commissioning said: “Supporting our young people to develop entrepreneurial skills is a vital part of building a resilient, inclusive local economy.
“Through Our Community Can and partnerships like this one with AVolution, we’re helping to create real opportunities – giving young residents the tools and support they need to succeed.”
David Savage, CEO of AVolution, added: “Having founded and operated a number of businesses starting my career at 19, I’ve learned that not every great idea automatically becomes a great business. Through this programme, I want to help young people in Lichfield understand the fundamentals – from finance and technology to risk and supply chains – so they can turn ideas into real opportunities.”
At the end of the programme, four winners will each receive a £500 micro-grant and six months of dedicated mentoring.
For more information about the Young Entrepreneur Support Programme, click here.
