Prince's Scottish Youth Business Trust

The Prince’s Scottish Youth Business Trust is a unique organisation, set up as part of the nationwide Prince’s Trust.

What is the funding for?
The aim of the P.S.Y.B. Trust is to provide finance and professional support for 18 to 25 year olds, in Scotland, who are otherwise of limited means, to set up and run their own business. The Trust has particular concern for disadvantaged young people. They can offer:

* A low interest loan of up to £5,000
* In some cases a grant of up to £1,000
* A pre-start test marketing grant of up to £250
* Development funding to expand your business of up to £25,000 (
* Access to pre-start training and advice
* A business advisor for at least two years
* Book Keeping training and a free book keeping system
* Access to business competitions
* Opportunities to attend exhibitions
* PR opportunities
* Networking opportunities with other young businesses

How much money is available?
- low interest loan of up to £5,000
- In some cases a grant of up to £1,000
- A pre-start test marketing grant of up to £250

Who can apply?

If you can answer YES to these questions below PSYBT may be able to help you.

* Do you have a good business idea?
* Are you aged 18 to 25 or between 26 to 30 with a disability?
* Have you been unable to get hold of all the money you need to start your business or expand your existing business?
* Do you need to test market your business idea?

When to apply
At any time.

How to apply
Application forms and further information are available from:

PSYBT Regional Office
c/o Enterprise North East Trust
Enterprise Business Centre
Admiral Court
Poynerook Road
Aberdeen
AB11 5QH
email: grampian@psybt.org.uk
Tel: 01224 289709

More information can be found on the website.

Key words: Enterprise, training, youth,