Dirk Bischof’s Post

Today we have launched a new briefing paper: Empowering the Future. In collaboration with Youth Business International, we call on whoever forms the next government to harness the potential of young people by empowering them with the skills they need to start, grow and sustain a business. Specifically, it calls on whoever forms the next government to: 1. Clarify the future of the UK Shared Prosperity Fund for Enterprise Support Organisations in receipt of money from it\ 2. Bring Enterprise Support Organisations in at an early stage to advise on the desired outputs and measurements when government decides on the focus and scope of local government interventions  3. Fund rigorous trials by local and national government to allow Enterprise Support Organisations to test out new ways of supporting young entrepreneurs 4. Bring back the Enterprise Allowance Scheme and ensure it is more generous than other out-of-work benefits 5. Allow under-18s to open business bank accounts without credit facilities to help them separate personal and business finances from a young age 6. Ensure that the essential skills necessary to be entrepreneurial are embedded across the curriculum from primary school 7. Invest in further long-term research into the educational, social and economic impact of what works in practice 8. Give innovative edtech entrepreneurs more and better opportunities to pitch to government and schools 9. Undertake a mapping exercise to determine the extent to which young people across different ages and locations are being exposed to entrepreneurship 10. Incentivise young people to solve big problems by funding challenge prizes A big thanks to Anita Tiessen and Miranda Page at Youth Business International (YBI) for their support. Let me know what you think! We have big plans in this policy area, so let me know if you want to be involved.

Thanks for your useful policy proposals on this vital issue. May I add that too few SME's engage with graduate interns all of whom can benefit from practical work experience in a fast moving environment with multiple operational roles and new product/service developments. As a sole trading Director I've taken several subsidised students since 2014 with great results shown below. We need more similar case studies to encourage higher SME take up. https://lnkd.in/e7mfz5a2

The Entrepreneurs Network , in collaboration with Youth Business International (YBI) has just launched its briefing paper: Empowering the Future. With a year of uncertainty ahead, and over 60 elections being held globally, The Entrepreneurs Network has outlined strategies the UK can put in place to keep empowering young business owners, even through economic challenge. Read the paper below 👇 #EmpoweringYoungBusiness

Fantastic to see this report from the Entrepreneurs Network and Youth Business International calling on whoever forms the next government to harness the potential of young people by empowering them with the skills they need to start, grow and sustain a business. In particular it's great to see reference to essential skills in recommendation 6 : "Ensure that the essential skills necessary to be entrepreneurial are embedded across the curriculum from primary school" Read full report: https://lnkd.in/eFbnKwK4

Empowering youth empowers our future. Youth contribute significantly to our growing economy and bring new perspectives and innovative solutions to the forefront. Entrepreneurship offers youth a powerful avenue to refine their ideas into businesses, enhance their problem-solving skills, and promote personal development. Small businesses, including startups, represent an essential component of Ontario's economy, employing over two million people. In 2021, Statistics Canada showed 18.8% of Ontario’s population comprising of people between 15-29 years old, making up a significant portion of our workforce. As Ontario’s youth population continues to rise we must have the necessary resources available to support this growth. I am happy for Ontario’s young entrepreneurs who will benefit from our governments additional investment of $1.5 million to bolster the Summer Company program, helping an additional 250 young people start and grow a business. The investment will increase total funding for the program to more than $4.7 million. In the last five years, the program, facilitated by Small Business Enterprise Centres, has supported the launch of more than 1,700 businesses throughout Ontario. The province offers a wide range of programs and supports for entrepreneurs in starting and growing new companies including; - Regional Innovation Centres - Intellectual Property Ontario - Starter Company Plus  - Business Advisory Services For more information please visit: https://shorturl.at/fjpuP 

The Role of Government in Supporting Youth Entrepreneurship The role of government in supporting youth entrepreneurship cannot be overstated. The future of any nation depends on the innovation and energy of its youth, and governments play a pivotal role in fostering an environment where young entrepreneurs can thrive. In this article, we will delve into the multifaceted strategies employed by governments around the world to empower young business minds. We will also shed light on the importance of governmental support for youth entrepreneurship. #YouthEntrepreneurship

There are more under 18s setting up businesses than ever before....💪💪How can the next Government increase youth entrepreneurship? Yesterday The Entrepreneurs Network Network and Youth Business International (YBI) Business International (YBI) launched their report, after a big roundtable with many different organisations working in this area. The report makes 10 policy recommendations but for me the most important are: 🎉Bring back the Enterprise Allowance Scheme and ensure it is more generous than other out-of-work benefits 🎉Allow under-18s to open business bank accounts without credit facilities to help them separate personal and business finances from a young age ❤️❤️❤️Ensure that the essential skills necessary to be entrepreneurial are embedded across the curriculum from primary school 🎉Undertake a mapping exercise to determine the extent to which young people across different ages and locations are being exposed to entrepreneurship ❤️❤️Incentivise young people with national challenge prizes to solve big problems #futureentrepreneurs #inclusivecapitalism #growth #inclusion #founders #youthentrepreneurship

🌟 Exciting News for Entrepreneurs! 🌟 Are you a startup looking for funding without taking on debt? Look no further! There are several **free** grant options available to help your business grow. 🚀 🔹 **Government Startup Business Grants and Resources:**    - **Grants.gov**: A centralized database where government agencies post new grant opportunities. While many of these grants focus on scientific or pharmaceutical research, some may be relevant to Main Street businesses.    - **State and Local Government Grants**: Check with your local startup ecosystem to stay informed about grant opportunities offered by state or city governments or nonprofit economic development organizations.    - **Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs**: Designed for businesses with innovative technology or scientific research ideas. Federal agencies list the types of research they're hoping to fund, and you can submit a proposal if your idea qualifies.    - **Small Business Development Centers**: Funded by the Small Business Administration, these centers offer business coaching, education, technical support, and networking opportunities. 🔹 **Private Small-Business Grants:**  - Explore private companies that offer grants to small businesses. These grants can provide much-needed capital without repayment obligations. Remember, researching and applying for grants takes effort, but securing a grant can be a game-changer for your business! 🎉 #StartupGrants #SmallBusinessFunding #Entrepreneurship #IdeaRigg

The Role Of Government In Supporting Youth Entrepreneurship": #YouthEntrepreneurship #GovernmentSupport #StartupEcosystem #EconomicDevelopment #youthempowerment The role of government in supporting youth entrepreneurship cannot be overstated. The future of any nation depends on the innovation and energy of its youth, and governments play a pivotal role in fostering an environment where young entrepreneurs can thrive. In this article, we will delve into the multifaceted strategies employed by governments around the world to empower young business minds. We will also shed light on the importance of governmental support for youth entrepreneurship. Full Article link: https://lnkd.in/g4YiHAwz

What we are reading... Forbes Business Council in this article argues that entrepreneurs need access to education to succeed. It discusses the knowledge gap that exists between entrepreneurs and established businesses, and how education can help entrepreneurs bridge this gap. Find out how some organizations are providing access to education for entrepreneurs. #innovation #entrepreneuralism