Inspiring Enterprise - our commitment to young entrepreneurs

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Inspiring Enterprise - our commitment to young entrepreneurs

Do you think more people should be helped to learn enterprise skills and set up their own business? We do.

That’s why we’re introducing RBS Inspiring Enterprise - working with our partners to inspire, enable and support more people to start up and succeed in business.

We already support business of all shapes and sizes in every sector of the economy, through our own activities, products and services, and by working with our partners.

We’re going to focus additional effort on three groups that the bank believes, with further support, could play a stronger role in the entrepreneurial economy:

  • young people
  • women
  • social enterprises

Today we unveil the details of the Inspiring Youth Enterprise initiatives and commitments to the UK’s young entrepreneurs.

By 2015 we will help 100,000 people under 30 to explore enterprise, develop their enterprising skills and start up in business, whatever their background. This 100,000 is in addition to those young customers we support every day through our business banking products and services.

Inspiring Youth Enterprise

  • We’re launching an RBS Inspiring Youth Enterprise funding pot of £1.5 million over three years. This will provide grants up to £50k to UK organisations that encourage and support youth enterprise
  • We’ve extending our award-winning partnership with The Prince’s Trust for another three years. One of UK’s most successful supporters of youth enterprise, the Trust help young people from disadvantaged backgrounds get the support they need to start up in business
  • We’re launching the second year of our student enterprise programmes, RBS ESSA and RBS EnterprisingU. Powered by Find Invest Grow, this encourages, rewards and recognises undergraduates’ enterprising activities across the UK
  • We will send our Mobile Business School to campuses and communities across the UK, so young people can get support and advice from us and our partners

Workshops

We want to make sure that any support we offer is real and lasting. This is why we’re also running a series of workshops with the RSA (Royal Society for the encouragement of Arts, Manufactures and Commerce) to bring young people together with enterprise support organisations.

We will unveil our commitments for Women in Enterprise and Social Enterprises soon.

For more information visit the Inspiring Enterprise website.

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