Young entrepreneurs will be supported to turn their ideas into successful businesses through a new Scottish Government programme. The First Minister’s Start Up Challenge will empower young people aged 18 to 30 from disadvantaged or underrepresented backgrounds to start innovative businesses.
Delivered in partnership with The King’s Trust and social enterprise Dechomai, around 20 participants will be selected for a six-month accelerated entrepreneurial apprenticeship. This will provide tailored support and access to masterclasses, workshops and hands-on experience.
Participants will receive a £500 “Test Your Business” grant, with those ready to launch eligible to apply for a £5,000 start-up grant. At the end of the programme, one winner will be awarded £30,000 to dedicate a full year to developing their business.
Applications to the Start Up Challenge will open in spring.