Here are some of the latest funding platforms that are available in the UK & Ireland:
Just Entrepreneurs has partnered with Transmit Start-Ups to deliver the Start Up Loans scheme to UK entrepreneurs. Start Up Loans is a government backed scheme, providing repayable loans and mentoring to individuals in the UK with a viable business idea but no access to finance.
The Prince's Trust supports 13 to 30 year olds who are unemployed and those struggling at school and at risk of exclusion.
Around one in five young people in the UK are not in work, education or training. Youth unemployment costs the UK economy £10 million a day in lost productivity, while youth crime costs £1 billion every year.
Many of the young people we help are in or leaving care, facing issues such as homelessness or mental health problems, or have been in trouble with the law.
Our programmes give young people the practical and financial support they need to stabilise their lives. We help develop key skills, confidence and motivation, enabling young people to move into work, education or training
You must be aged 18 or over, have a business idea and get one of the following benefits:
- Jobseeker’s Allowance
- Income Support as a lone parent
- Employment and Support Allowance, if you’re in the work-related activity group
A Jobcentre Plus adviser can refer you to the scheme as soon as you get a qualifying benefit.
- get a weekly allowance paid for up to 26 weeks (up to a total of £1,274)
- apply for a loan to help with start-up costs
The loan has to be paid back, the allowance doesn’t.
Any money you get doesn’t affect your Housing Benefit, tax credits, Income Tax, or Access to Work grant.
Need help creating your first business plan before applying for a loan? Click here to download our free example template.