Subsequently, from January to June 2017, The Prince’s Trust was able to deliver over 35 Enterprise courses across Leicestershire.
This resulted in 128 young people participating in an intensive four day training programme and workshops.
The sessions help equip young people with the skills to set up in business, covering topics such as strategy development and marketing through to legal planning and finance.
The programme aims to help vulnerable, young people aged 18-30 to turn their business ideas into reality, develop the skillset needed for those seeking self-employment, as well as develop employability skills.
Those who have successfully completed this year’s programme are on track to set up their own businesses with the help from a dedicated mentor or are moving into work using the skills they have gained through the programme.
And, based on past results, their future is promising: 73 per cent of Trust-supported businesses continue to operate into their third year compared with the national figure of 61 per cent.
“We’re delighted that through our partnership with The Prince’s Trust, we’ve been able to support more than 100 young people through The Prince’s Trust Enterprise Programme,” says Colin Porter, Joules’ CEO.
“As an entrepreneurial business that started off in Leicestershire, we’re keen to do what we can to support local entrepreneurialism,” he continues. “We have seen some impressive business ideas and well thought-out business plans and look forward to seeing these develop over time.”
In supporting the Prince’s Trust Enterprise Programme, Joules has so far raised £36,200 from fundraising initiatives throughout the year, including the proceeds from Scotland and Wales’ carrier bag tax, which came into effect in 2014 and 2011.