Scotland’s young people can look forward to continued business start up support, thanks to £1.65 million of funding. Finance Secretary, John Swinney, said that the Scottish Government would support The Prince’s Trust Youth Business Scotland programme with money that would come from Scottish Enterprise’s budget over the next three years. This will ensure that Youth Business Scotland can continue to assist young people to thrive in business and underlines the Scottish Government’s commitment to seeing Scotland become a more entrepreneurial nation.
Mr Swinney said that he was “delighted to announce that over the next three years Scottish Enterprise will continue to support the prince’s trust in delivering its youth business scotland programme. we will be committing up to £1.65 million so that Scotland’s young people can benefit from this outstanding service. Our people are our greatest asset and it is crucial, perhaps more now than ever, that we see their economic potential unleashed. The Prince’s Trust Youth Business Scotland is a key partner in allowing our young people to see entrepreneurial activity as a viable and valid option. Their tremendous good work over the years is strongly appreciated and we all look forward to hearing of continuing success stories.”
Alan Kennedy, Operations Director for The Prince’s Trust described it as “…excellent news for Scotland’s young people. This investment lays the foundation for continuing and sustained entrepreneurial growth in Scotland, providing our younger generation with the support and funding they need to turn their business ideas into a viable and thriving future. The Prince’s Trust Youth Business Scotland has supported over 11,000 business start-ups since its launch, with significant corresponding impact on Scotland’s economy both through turnover and job creation.”