Thursday, 13 June 2024
UK Charity Week 2024 - Sponsored by Sinclair Method UK
Thursday, 13 June 2024

Exciting opportunity could change the lives of young entrepreneurs

THE SWEF fund is a national charity initiative, aimed at enhancing the activities of young business owners, innovators, and entrepreneurs. It has now launched in Buckinghamshire and is issuing grants and guidance to help boost fledgling businesses owned by young people aged 18 to 30.

The SWEF Enterprise Fund, awards grants of up to £2,000 per business to support local young people to achieve their business aspirations and goals. Designed to provide crucial support to early-stage businesses or commercial activities, the fund is open to considering a huge range of different ideas and business plans.

The first grant has already changed the life of one young Buckinghamshire entrepreneur – Lewis from Primary Pressure. Lewis had a successful pressure washing business but was keen to expand. The SWEF grant allowed him to extend the services he offers clients and he now has his first employee.

Lewis said:

“I’m really pleased with my grant from SWEF which has enabled my business to expand at just the right time. The process was simple and straightforward and I’d encourage anyone in my position to apply.”

Henry Allmand, CEO of Heart of Bucks Community Foundation who is administering the scheme in Buckinghamshire through its Young Futures Fund programme said:

“We are excited to be working with SWEF to support local business owners and the potential entrepreneurs of the future. This fund will serve as a catalyst for the next generation of businesses in Buckinghamshire. We want to ensure that young people are supported to realise their aspirations, particularly those who might have come from a disadvantaged background.”

The criteria for applicants include that individuals must be aged 18 to 30, reside in or have their business operations within the Buckinghamshire Council administrative area, as well as other conditions which can be found online. Applicants are encouraged to articulate how a grant from the SWEF Fund will enhance the growth and development of their businesses.

Funding can be utilised for a diverse array of business costs, including purchasing equipment, buying materials and stock, and creating digital resources like a website. To find out more about the SWEF fund and other grants for young people and the organisations supporting them, please visit: youngfuturesfund.org.

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