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Loan

Enterprise programme for young people - UK

The King's Trust helps young people aged 18 to 30 years who want to set up their own business in England, Scotland, Wales or Northern Ireland.

About this funding

How much you can get You will have access to start-up funding up to £30,000 based on eligibility, viability of business, and affordability. No funding is guaranteed. Who it’s for You can apply if you: - are on The King’s Trust Enterprise programme - are aged 18 to 30 years - have an idea for a business you want to start within the next 12 months - have the right to work in the UK, and you intend for your business to operate in the UK - own, or plan to own, at least 50% of the business You cannot apply if: - you have been actively trading for over 1 year - you own less than 50% of your business Maximum employees Not applicable. What you can get You will have access to: - one-to-one support - business guidance and mentoring - support with writing a business plan and creating a cashflow plan - access to a Test My Business Grant up to £500 - access to our start-up funding package: a grant of up to £5,000 and loan funding between £500 and £25,000 - up to 3 years of post-launch support Organiser The King’s Trust

Who can apply

You can apply if you: - are on The King’s Trust Enterprise programme - are aged 18 to 30 years - have an idea for a business you want to start within the next 12 months - have the right to work in the UK, and you intend for your business to operate in the UK - own, or plan to own, at least 50% of the business You cannot apply if: - you have been actively trading for over 1 year - you own less than 50% of your business Employee size stated on GOV.UK: 0 to 9 employees; 10 to 249 employees; 250 to 500 employees; more than 500 employees. Business stage stated on GOV.UK: not yet trading; start-ups (1 to 2 years trading). Maximum employees stated on GOV.UK: Not applicable..

Where it is available

Open to manufacturers UK-wide.