Having supported many 100's of young people to date in Hull and the East Riding, the John Cracknell Youth Enterprise Bank (JCYEB) www.youthenterprise.co.uk is pleased to be working in Ryedale and on its meeting on 6th December it supported three young people all of whom live in Norton on Derwent in Ryedale with a grant and access to a mentor, the three young people supported are Will Hodsman Summers for his new engineering business, Joe Foxton for his health and motivational awareness business and Ben Lawson for his cycle training and repair business.
Ben Lawson of No Limits said
“For any new business starting up, it requires lots of time and investment. Especially for young business owners. The John Cracknell Youth Enterprise Bank grant of £850 will help 'No Limits' to grow substantially and will provide me with the funding I will need to promote my business and better the chance of success and I look forward to working with them.”
Joe Foxton of Beyond Average said
I can’t thank the John Cracknell Youth Enterprise Bank enough for their support! Not only have they given me a grant to start my business, they have put me in touch with great individuals who can provide excellent services to progress me further with my endeavours as well as personally answering any queries I have had during the start up period of my business.
Will Hodsman-Summersh,MWAM Specialist Engineers Limited said
“The John Cracknell Youth Enterprise Bank has helped me to purchase new equipment through the grant of £950.00 and moral support in my business idea of starting a sheet metal fabrication and machining business, MWAM Specialist Engineers. The team are extremely supportive and will help you in any way possible, I would strongly recommend for any young person that is considering starting a business to speak to the JCYEB.”
Councillor Linda Cowling Leader of Ryedale Council said
“We are very pleased to see this pilot initiative with the John Cracknell Youth Enterprise Bank in Hull yielding it first successes in Ryedale. Hopefully the help Ben, William and Joe have had will encourage other young people with business ideas to take advantage of this scheme."
Maureen Foers OBE Chair John Cracknell Youth Enterprise Bank said
“We are delighted to have worked with Cllr William Oxley and Ryedale Council on this project and he is currently acting as a mentor for Ben, Joe and William who are three great young entrepreneurs who have come to us for support, who we hope will support each other and inspire other enterprising young people to apply for support from us.
“We continue to hope that young people in Ryedale take the opportunities that the John Cracknell Youth Enterprise Bank offers to them and that members of Ryedale’s business community become mentors for your enterprising young people as well as consider becoming bondholders in our scheme in order to support even more young people.”
Further Information:-
The John Cracknell Youth Enterprise Bank has allocated over £300,000 to 380 young people in Hull and East Riding and is now supporting young people in Malton, Norton-on-Derwent, Pickering in Ryedale and Scarborough and won the Enterprising Britain Competition 2015 and was a runner up in the European Enterprise Promotion Awards last November. The JCYEB offers more than just financial support, this initiative also offers practical advice to young people to help them get their business ideas off the ground.
The John Cracknell Youth Enterprise Bank also has a Bondholder scheme http://www.jcyeb-bondholders.co.uk whereby local businesses in Ryedale can give donations to the scheme which has three options available ranging from £250 to £1000. The support generated from the scheme will support local young entrepreneurs and those that support the initiative will be recognised through various levels of publicity, demonstrating their commitment to young entrepreneurship and the local economy.
