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Strengthening business impact
Through fundraising

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Young Person's Start Up Grant

United Kingdom

Young Person's Start Up Grant

Name of Funder

Big Ideas Wales

Value

£2,000

Deadline

Priority Sector (SDGs)

Decent work and economic growth

Sub Priority Sector

Funding Description

Big Ideas Wales is committed to supporting young people in overcoming challenges and becoming self-employed. Through the Young Person’s Start Up Grant, available until 2025, the initiative helps individuals aged 16-29 who are not in education, employment, or training, to start their own business or become freelancers or social entrepreneurs in Wales. The grant offers up to £2,000 to assist with the launch of a business, paired with comprehensive support, including one-to-one advice, webinars, and tailored business planning sessions. The support is designed in phases, allowing young people to progress at their own pace, whether they need intensive help to get started or longer-term guidance to refine their business ideas. With personalized advice, Big Ideas Wales ensures that each individual receives the right level of support to maximize their chances of success.

Eligibility Information

A grant of up to £2,000 is available to help young people under the age of 25, living or returning to Wales to become self-employed. The business case will need to demonstrate that it has the potential to become the main source of income.

Applicants need to meet one of the following criteria:

You must be unemployed and / or not in education or training
Currently working part time (under 16 hours) with the intention to become full time self-employed
Still in education but intend to become self-employed within 3 months of completing the course.

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