Young Entrepreneur's Bursary

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.

This award is discretionary and you may have to fulfil other requirements.

If you are already receiving support from one of our Welsh Government business start up providers then speak to your adviser


For more information, call 03000 6 03000
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