Funding scheme re-opens to young entrepreneurs

A SUPPORT scheme for budding young entrepreneurs across the county is re-open for applications.

The Northumberland Youth Enterprise Fund (NYEF) was set up last year to offer support, advice and inspiration to young people interested in starting a business.

It was such a success that Northumberland County Council is opening it up once again.

Small grants are available for county residents aged 16 to 25 to help them develop a business idea. Existing businesses can also apply if they are within one year of starting up and are based in Northumberland.

Applicants will be asked to complete a straight-forward form and while the application process has retained the simplicity of last year’s scheme, it has placed even more focus on developing young people’s enterprise skills.

Council Policy Board Member for Children’s Services Robert Arckless said: “Encouraging young people to take initiative and develop their entrepreneurial side can inspire change in all aspects of their lives.

“This is an opportunity that requires a lot of hard work, but as we have seen from last year’s scheme, the rewards can be great.

“This support will allow Northumberland’s young people to find out what it is like to be their own boss and pursue their career ambitions, while gaining valuable skills and experience that will bode well for their future careers.”

The closing date for applications is Sunday, January 12, but applicants are advised to apply early as the fund is limited and demand is expected to be high.

For further information about the programme, visit www.northumberland.gov.uk/NYEF