£20k up for grabs for young entrepreneurs in Lincolnshire
UNEMPLOYED young people in North Kesteven with a bright idea are being encouraged to take part in a new scheme.
PartnershipNK, a collaboration of partners working across North Kesteven, is looking for a selection of young people, aged 16 to 24, with big ideas to pitch against each other to for the chance to win up to £20,000 to make their idea reality.
This could be for a new product, a new service or an ingenious device.
All applications will be reviewed and whittled down to a shortlist of no more than 10.
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Each will then be matched to an appropriate business mentor across the district, depending on the nature of the idea, to develop the idea and prepare business plans and prototypes.
On June 11 they will each pitch their idea to organisations at the annual PartnershipNK event. The winning entrepreneur will have up to £20,000 to turn their big idea into a reality, with ongoing support and guidance from their business mentor and PartnershipNK.
PartnershipNK chairman Herman Kok, financial director and company secretary of Lindum Group, said: "This initiative is not just another good suggestion this is another example of PartnershipNK rolling up its sleeves and offering real support.
"There are young entrepreneurs out there with good ideas, worthy of support and PartnershipNK are providing the money to help these entrepreneurs make a difference; to beat this recession and to create jobs and future wealth."
With a fifth of all NK's unemployed being in the 16 to 24 age bracket, this initiative is a local response to concerns relating to youth unemployment and a general lack of entrepreneurial opportunity.
Applicants must be aged 16 to 24, live in North Kesteven and be currently unemployed, although they can be in education or training.
Details and application forms are available from PartnershipNK on 01522 414155 or email email@example.com