Support programme to boost young innovators
Young innovators looking to turn their ideas into a business have been given invaluable insights into how to turn their dreams into reality by applying for a major support programme.
Innovate UK EDGE hosted a briefing event about its Young Innovators programme - an initiative which offers funding and support to 18 to 30-year-olds with innovative business ideas.
The programme 's benefits include a £5,000 grant, a two-day-a-week allowance to cover living costs and 12 months of one-on-one business coaching.
Those participating in the programme can also benefit from dedicated PR support to promote their business, further networking opportunities and peer-to-peer support.
Avalon Maison, innovation and growth specialist in the Innovate UK EDGE team based at the Chamber, said: “The Young Innovator programme presents a great opportunity for young entrepreneurs to gain 12 months of intensive business coaching from an innovation and growth specialist to support the commercialisation of their value proposition.
“The briefing event provided a detailed overview of the programme for the 2022-23 cohort. Key areas discussed included an overview of the eligibility criteria, an insight into the application timeline and tips and tricks to keep in mind when applying for the programme.
“It is expected that up to 100 young people from diverse backgrounds will be accepted onto the programme and will benefit from the networking opportunities, grant funding and one to one tailored support.
“The deadline for the programme is Wednesday July 27, so if the programme is of interest, it is imperative that you apply prior to the cut-off date. ”