Wales launches £4.4m Youth Entrepreneurship Services

Monday March 4th, 2013

 The Welsh Government is investing £4.4m in a range of new youth services to nurture and develop entrepreneurs of the future – building on Wales’ lead as a country of young business innovators.

The new Youth Entrepreneurship Services (YES) launches this month and targets children and young people from primary school through to further and higher education, as well as those outside education and training, through the Big Ideas Wales campaign.

Delivering innovative activities to increase awareness and aspirations for entrepreneurship, YES will also identify and nurture entrepreneurs of the future, supporting the Government’s commitment to promote economic growth and provide jobs for young people.

More businesses and entrepreneurs will also be mobilised to support the programme, building on the activities of existing Business Entrepreneurship Champions and the successful Dynamo role models project in Wales which provide inspiration to young people.

Two consortia led by Menter a Busnes and Prospects – in partnership with Cazbah have been appointed to develop and lead on the Youth Entrepreneurship Services programme over the next three years.

Menter a Busnes is to deliver Youth Entrepreneurship Services targeted at 16-24-year-olds, working with partners in further and higher education, work based learning and youth and community groups throughout Wales.

It will lead on the Big Ideas Wales campaign, delivering targeted events and roadshows, a new flagship challenge for 16-24-year-olds and practical entrepreneurship shadowing and role model delivery, and run the Welsh stage of the Global Entrepreneurship Challenge.

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