Welcome to this blog that shows how enterprising the city of Hull's young people are. The blog will feature up-dates about the work of the Hull Youth Enterprise Partnership and its support for Global Entrepreneurship Week.
















Friday 29 June 2012

John Cracknell Enterprise Bank Deadline Round 4


The John Cracknell Enterprise Bank gives grants to young people aged 21 and under to young peopel that live in Hull and East Riding. The deadline for applications for www.youthenterprise.co.uk/funding.html  and www.youthenterprise.co.uk/resources.html  is 31st July  for our meeting in August.

If you are aware of any potential applicants please let us know and or encourage them to apply.


Thursday 28 June 2012

Young entrepreneur launches hair raising business


A nineteen year old entrepreneur has launched a business that will provide specialist support to those suffering hair loss as a result of cancer treatment or conditions such as alopecia.
Amy Taylor from Keyingham first came up with the idea for her business, Hair by Amy, X months ago. Amy is a fully qualified hairdresser and has been working in salons for four years and in that time has supported a number of cancer patients. She saw a gap in the market for business offering bespoke services to those in need of wigs.

Amy’s business will provide a range of services including sourcing and styling of wigs, supporting her customers when their hair grows back and providing general hairdressing services.

Amy’s business has secured funding from the John Cracknell Youth Enterprise Bank. The bank offers practical support and grants of up to £1,000 for 13 to 21-year-olds who need finance to set up or develop their businesses.

Amy said:

 “I’ve seen family and friends go through cancer treatment and lose their hair. By speaking to them and by doing my own research I’ve found that for a lot of people who are losing their hair, going to a normal salon isn’t a great experience for them. Those that do offer private consultations are really expensive. I want to put my customers at ease and make them feel comfortable and where better to do that than in their own home.
“With the grant from the John Cracknell Youth Enterprise Bank I am now able to fulfil my dreams and set up my business. The support they continue to give me has been fantastic and I would recommend that other young people who have a business idea to speak to them.”


The bank is funded through a range of donations from entrepreneurs, together with the City Council’s Hull Training. It is also closely linked to the Hull Youth Enterprise Partnership, which aims to encourage young people to become more enterprising and contribute to Hull City Council's target of creating 1,200 new businesses.  The bank's funding last year received a funding boost from KC, which has donated £60,000 to the bank over three years.



KC Commercial and Finance Director Sean Royce said:

 “Amy is exactly the reason why we supported the Youth Enterprise Bank. She is a determined and thoughtful young lady that has not only developed a great business plan, but she is giving a fantastic service to a group of people in our community when they need it most. I wish Amy the best of luck with her business.”


As well as financial support, Amy will undertake the International Association of Bookkeepers Level 1 Award in Computerised Accounting for Business QCF offered by Golding Computer Services Ltd.

Di Garbera, Golding’s General Manager said: “We’re delighted to support the Youth Enterprise Bank by providing training to local young entrepreneurs. Accounting knowledge is a must for all businesses and young start-ups are no exception.”



www.kc.co.uk

www.gcs-limited.com

www.youthenterprise.co.uk





Friday 22 June 2012

Support Hull's Global Entreprenurship Week - Call to arms

Following on from yet another highly successful Business Week in Hull & the Humber.
Plans are already in place for the next celebration of enterprise in the area, Global Entrepreneurship Week 2012. that with the backing of Hull and East Riding’s business community will take place from the 12th – 16th November in order to support a celebration of enterprise for Hull and East Riding schools and colleges. The week will feature five major conferences in the city for young people aged 9 to 21 as they learn about the world of enterprise, as well as an Awards evening.

Organisers are looking for more sponsors and supporters for the Week current sponsors are the Co-operative, Hull City Council, St Stephen’s, Hull Training, Arco, Insurance Partnership, CityWorks, Hull College, University of Hull, Neil Hudgell Solicitors, Malet Lambert School, KC, Hull College Studio School, Hull & Humber Chamber of Commerce, Andrew Marvell College, Victoria Dock Primary School, Jenko, Force-7, GH Events, Blair Jacobs, Thomas Arran Photography, Amanda’s Blue Orchid, Garbera Enterprises, Xing Education, the Institute of Directors, Mail News and Media and John Meehan.

The week will also see the final of the Badgers Sett Enterprise Challenge www.hullbadgers.co.uk in which the winners of the three sections of Primary, Secondary and Post 16, get the opportunity to double the investment in their enterprising idea from earlier rounds by showing how enterprising they are to Ruth Badger herself and a panel of business leaders. Claire Young has also kindly offered to spend a day during that week in one of your Primary schools to help and support the children in planning a school prom.


Councillor Steven Bayes Economic Regeneration & Employment said

“ This is the eighth year that Hull has celebrated how enterprising its young people are”
“Enterprise is a vital contributor to the health of Hull’s economy and to diversity of opportunity within our society. That is why the Council supports the Hull Youth Enterprise Partnership’s ambition to make our area the best place in the world for young people to start and grow a business. As part of this ambition, how Global Entrepreneurship week is seeking to achieve a change in the perception of enterprise and entrepreneurship amongst its young people, ensuring that they have the information they need is an important tool in realising that change. I hope that more businesses however large or small will get involved.”


Ruth Badger Patron Hull Youth Enterprise Partnership said

“I am an ardent supporter of Global Entrepreneurship Week and what Hull is doing to support its young entreprenurs and develop an entrepreneurial can do culture in the City. My hope is that today's young people go on to aspire to set up their own businesses, start social enterprises to improve their communities and be innovative employees themselves. Your area is doing a great deal to support their enterprising young person which makes me proud to be involved in this Festival of Enterprise and would urge business leaders to help me to achieve this”
If you want to see what happens during the week than please check out our YouTube site www.youtube.com/user/GEWHull2011  that features last years events and than contact Charles Cracknell via 01482 – 612983 or charles.cracknell@hullcc.gov.uk to discuss how you can get involved in this festival of enterprise.







Thursday 7 June 2012

Budding Hull entrepreneurs are being urged to make the most of a new fund aimed at helping them set up their own business


The new national StartUp Loans scheme was launched recently and Hull business leaders and members of the Hull Youth Enterprise Partnership are keen to see local young people take full advantage.

The scheme will offer finance and support to entrepreneurs, aged 18-24, in a bid to kick-start more businesses and tackle youth unemployment. Applicants will receive advice and guidance, with the most promising going on to receive formal mentoring and training, including help with developing a business plan. Those with “robust and approved” plans will then be eligible for loans of around £2,500.

In Hull and the East Riding it will complement the work of the city’s Youth Enterprise Bank that gives grants of up to £1,000 to young people aged 21 and under that live in Hull and the East riding.

Claire Young, Patron  of theYouth Enterprise Bank, said:

“The support and advice available through this scheme could help local young entrepreneurs turn an idea and a proposal into a real business. We would urge young people to find out more and look to secure valuable funds working alongside the city’s Youth Enterprise Bank that could help get their business off the ground.”

Councillor Steven Bayes Portfolio Holder, Portfolio Holder, Economic Regeneration and Employment said:

"We would certainly encourage young people from across the Humber looking to set up their own business to explore how this scheme could help them. As with other initiatives such as the John Cracknell Youth Enterprise Bank , which is also available to young people in Hull and the East Riding young , people can pick up support in a variety of ways including help in putting together a business plan right through to receiving a loan to set up the business."

The maximum repayment terms on offer with the loans will be five years, while the interest rate will be set at the Retail Price Index (RPI) plus 3%. All repayments and interest will be channelled back into a central pot to support other young entrepreneurs.


To find out more people should visit www.startupbritain.org/loans and www.youthenterprise.co.uk