Inspiring the Vale: new grants available for young entrepreneurs
Published Thursday 01 May 2014
Young entrepreneurs up to the age of 30 in the Vale of Glamorgan are being given the chance to secure a grant of up to £3,000 to launch their own business. Over £60,000 is available during the coming year.
‘Inspiring the Vale Bursaries’ led by Creative Rural Communities, the Vale of Glamorgan Council’s rural regeneration initiative, has been re-opened to provide assistance to young people looking to implement their ideas for businesses or community enterprises.
The project originally between 2008 and 2011, supporting 23 new businesses - from barbers to photographers and from caterers to those specialising in renewable energy.
Many of those businesses have continued to grow and now employ staff of their own and the Creative Rural Communities team is hoping to attract new young entrepreneurs to take advantage of the project.
“We are delighted to announce the re-opening of this grant scheme to support new business development across the Vale of Glamorgan,” Said Cllr Lis Burnett, Cabinet Member for Regeneration, Innovation, Planning and Transportation
Group of young adults“The aim of the scheme is to encourage innovation, with an emphasis on support and encouragement and we hope we see many more success stories following in the footsteps of those young people who received funding in the initial phase and are now running successful businesses”.
Speaking at a briefing for organisations supporting young people in Barry, Nia Hollins, Senior Rural Regeneration Officer at Creative Rural Communities, added: “This is a fantastic opportunity for young people living in the Vale of Glamorgan. The chance to secure a bursary can be invaluable to making a business idea a reality.
“Everyone needs help starting out in order to develop. Some of the businesses that received grants through the original project are now employing staff of their own.
“It just goes to show how small projects like this can make a huge difference in the community.”
Grants of up to £3,000 are available to young people, up to the age of 30 who are living in the Vale of Glamorgan or have done so in the past and would like to establish a business there.