Welsh Government Says YES to Youth Entrepreneurship
Byline: RHODRI EVANS Assistant Business Editor email@example.com
NEW SCHEMES LAUNCHED TO ENCOURAGE YOUNGSTERS THE Welsh Government is today launching new schemes to encourage entrepreneurship among young people.
A total of PS4.4m is being invested in the Welsh Government's new Youth Entrepreneurship Services (YES) which will target children and young people from primary school through to further and higher education, as well as those outside education and training, through the Big Ideas Wales campaign.
The scheme will increase awareness and aspirations for entrepreneurship, and nurture entrepreneurs of the future.
Business Minister Edwina Hart said: "We need to support and nurture the innovators and entrepreneurs of tomorrow if we want a diverse, dynamic and sustainable economy in the future.
"Our Youth Entrepreneurship Strategy is credited with changing attitudes amongst young people and its success has been highlighted in a number of key independent surveys. One of the most recent shows that 55% of young people under 25 in Wales now have aspirations to work for themselves and be their own boss.
"The launch of our new Youth Entrepreneurship Services will build on the excellent work undertaken to date and help develop a "can do" attitude in youngsters with the aim of encouraging those under 25 to get involved, develop their ideas and consider starting their own business."
More businesses and entrepreneurs will also be mobilised to support the programme, building on the activities of existing Business Entrepreneurship Champions and the Dynamo role models project in Wales which provide inspiration to young people.
Two consortia led by Menter a Busnes and Prospects - in partnership with Cazbah have been appointed to develop and lead on the Youth Entrepreneurship Services programme over the next three years. …