Background and context
Young Enterprise is an independent UK charity with a mission to “empower young people to discover, develop and celebrate their skills and potential”.
The British Chamber of Commerce reports 92% of UK businesses agree there is a skill shortage, especially amongst young people. Young Enterprise are focused on working with young people now to ensure that in the future they have the skills to thrive and business do not experience a skills deficit. The charity is especially keen on addressing the ongoing challenge of social mobility and equality of opportunity amongst young people across the country, especially in the most deprived areas.
Young Enterprise believes that young people should be given the chance for a rewarding future in work and life – no matter where they start their journey.
The goal of Young Enterprise's Company Programme is to equip young people with key skills while they are still in education to significantly reduce the likelihood of students becoming NEET (Not in Education, Employment or Training) post education.
Through the programme, students learn a number of Employability competencies - including communication, confidence, financial capability, initiative, organisation, problem solving, resilience and team work - and Personal development competencies - including self esteem, aspiration, career intention and work readiness. The Company Programme is a year-long immersive programme run in schools throughout the UK, supported by business volunteers.
It is an incredibly useful, informative and practical experience for young people. It helps them to develop their confidence, communication skills and is a great introduction to the skills and dedication required to set up and run a small business. (Teacher, East of England)
£25,000 (USD $34,750)
Young Enterprise has made a commitment to increase their engagement with students in deprived areas to 50% by 2019 (from 31% in 2015-16).