| Learning
Launchpad
The Learning
Launchpad is a fund delivered by the Young Foundation working
in partnership with Edge to enable young people, whatever
their background, to achieve their potential. They aim to
help create lasting projects that support young people between
the ages of 14 and 25 to discover their potential, pursue
their goals and achieve their dreams.
What
is the funding for?
The Learning Launchpad fund provides investment to
organisations in their early stages of development. As well
as some cash investment they believe the value of their advice
is even greater than the cash investment they provide. They
can help you with your strategy, your funding and income plans,
your operational requirements, and provide you with the links
to experts in education and youth, local and central government,
and social enterprise that they know are so important when
you’re starting out.
How
much money is available?
* Stage one investments
These investments of up to £30,000 are suitable for
people who are starting out with a new idea.
* Stage two investments
These investments of up to £100,000 are typically suitable
for organisations or initiatives that are already up and running
and want to grow.
If your
idea delivers its social goals via a social enterprise or
for-profit commercial organisational business, they will usually
look for either a recoverable loan or an equity stake in your
business, or a convertible grant that they can make back once
your cash flow can sustain it.
Who
can apply?
They are looking for individuals (or even better,
teams) that are committed to solving problems facing young
people with ground-breaking ideas.
When
to apply
The Learning Launchpad Fund will be accepting applications
throughout 2010.
How
to apply
Applications should be completed on line and can
be obtained by clicking here.
This is part of a four-stage process which you will be guided
through if your initial application is successful. Further
information is available from the website.
Key
words: Youth, enterprise, training, opportunity,investment
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