Funding

PRINCES TRUST – THE DEVELOPMENT AWARD

Princes Trust offers funding to those aged 16-30 who are looking for funding towards education, training or employment. Funding ranges from £150-£250 and can be put towards courses and/or tools and equipment. This funding is only available when joining a course that is level 3 or below. The funding cannot be used for any courses over £500, living costs, costs that have already been paid for or business start up costs. Grants can take 6-8 weeks to process.

Who is eligible?

16-30 year olds.
Those living in the UK.
Those struggling to access education, training or employment do to a lack of funds.
Those no longer in compulsory education.

PRINCES TRUST – ENTERPRISE PROGRAMME

The Princes Trust also supports those who are starting up their own business. This programme consists of an initial information session, where information about the programme is discussed. A 2-4 day virtual workshop takes place where you will receive guidance on creating a business plan, taxes, legal structures, budgeting etc. Following this, you will then be linked to your own personal business mentor where you will receive 1-2-1 support as and when necessary.

A grant of up to £250 can be awarded to individuals to help with the start up costs of a business. They also work with Start up Loan companies who can offer up to £25,000 in low interest loans.

Who is eligible?

18-30 year olds
Those living in the UK
Those who are able to attend the virtual sessions
Those starting a new business that has been trading for less then 2 years

To apply call 0800 842 842 or visit http://www.princes-trust.org.uk for further information.

The Skinners Company – LAWRENCE ATWELL CHARITY INDIVIDUALS PROGRAMME

The Skinners Company offer grants to young people in England and Wales if they come from a low income background to help them gain vocational, accredited qualifications.

Grants up to £1,500 are offered to those age 16-26, to take courses up to level 3 to help the gain employment.

Funding is an option if you are:

Aged 16-26.
Living and studying in England and Wales.
A British citizen, or have Indefinite Leave to Remain in the UK.
Taking an accredited, vocational training course up to level 3.
From a low income household as follows:

Household Total Annual Income (after tax)
Single person household £16,650

Couple with no children £24,850

Single parent with one child £21,000

Single parent with two or more children £28,300

Couple with one child £26,150

Couple with two or more children £35,750

What can funding be used for?

Course fees
Equipment/Materials
Travel costs
Childcare
Living costs

Those with fewer existing qualifications, little or no past work experience and lower income households will also be prioritised.

What cannot be funded?

Courses that are not accredited
Secondary education (GCSE or A Levels)
University Degrees
Those who already have degrees
Courses for self employed workers
Debt
Costs already applied for

How to apply:
Complete the online quiz on http://www.atwellcharity.org.uk/form1. When this has been completed you can then fill out the online application form. To contact the charity call 020 7231 0561 or via atwell@skiners.org.uk