If you are a young person (between the ages of 16 – 24) and looking to start up a business, you may qualify for the Young Entrepreneur's Bursary. This is a taxable sum of £6,000 paid over a 4 month period and is supported by business advice.
You may qualify if:
- you are between the ages of 16-24 at the time of applying for the award and are not in education, employment or training
- you have not started trading and are due to start your business within two months of the award being approved
- you are registered and receiving one to one business advice and mentoring through an approved business support provider
- you have a business plan and show that the business is sustainable.
If you are already receiving support from one of our Welsh Government business start up providers then speak to your adviser