The John Cracknell Youth Enterprise Bank is for young people aged up to and including 21 years old. It offers grants of up to £1,000 for individuals or groups of young people who need finance to help make their idea happen. (More funding will be considered in exceptional circumstances). The idea should benefit other people or help the applicant develop an enterprising idea.
The Youth Enterprise Bank (YEB) is not just about giving financial support we also offer practical help with developing your business idea. The YEB works closely with the team with the City’s region and policy team. The Youth Enterprise Bank is managed by a group of trustees, chaired by Maureen Foers OBE and linked to the Hull Youth Enterprise Partnership.
To-date over 350 young people from Hull have benefited from this source of funding, buying items such as: Computers, Business Stationery, Websites, Photography Equipment, Bicycle Repair Equipment, Chocolate Making Equipment, Dance costumes for local bands, equipment for mobile hairdressers and much more..
Who are the Hull Youth Enterprise Partnership?
The Hull Youth Enterprise Partnership is a well established public/private/community partnership set up to influence major partners in supporting Hull’s enterprising young people. It is committed to the shared vision of growing the City’s economy for the benefit of our young people and by working in partnership to create and facilitate opportunities to widen the entrepreneurial spirit of Hull.
What is the Purpose of the Hull Youth Enterprise Partnership?
Its primary purpose is to support and encourage young people aged up to and including 21 years of age to become more enterprising and to contribute to the City’s target of creating 1,200 new businesses, and will assist young people to overcome economic and social barriers that deny them the opportunity of economic inclusion, progression and choice.
The Youth Enterprise Partnership’s vision is:
To secure a positive and sustainable future for the City and its young people through decisive leadership, partnerships and the support of active and empowered young people.
The Youth Enterprise Partnership’s aims are to contribute to the following:
- Community Strategy aims to improve the quality of Hull’s business infrastructure by being involved in establishing clear development/investment frameworks for the City Centre and waterfront areas so young people can benefit
- To enhance the competitiveness of Hull’s businesses run by young people.
- To rebuild Hull’s young entrepreneurial culture
To learn more about the Youth Enterprise Partnership and their work in the city, please email Charles Cracknell on Charles.Cracknell@hullcc.gov.uk