Developing young social entrepreneurs in the UK
The Accelerate program in the UK is helping young social entrepreneurs, and social enterprises that support young people into jobs, training or business, to expand their role in stimulating local economies and affecting social change.
Social enterprises are vital to addressing some of the most entrenched social issues in our communities today. But the day-to-day business challenges they face are no different to those of any other entrepreneur. And that includes making money – vital to becoming a long-term force for change.
The Accelerate program was the catalyst that enabled Yes Futures to grow to a sustainable point. The workshops helped me to navigate the murky waters of all those scary business topics like tax, recruitment and profit and loss accounts!Sarah Wallbank, Founder, Yes Futures
That’s why the EY Foundation in the UK supports social entrepreneurs to grow their businesses through Accelerate – a 12-month program that offers structured business support to young social entrepreneurs (18 to 30 years old) and social enterprises that focus on supporting young people into jobs, training or business.
Each social entrepreneur has one-to-one support from a business coach and access to tailored workshops on a range of key topics, as well as networking events and the opportunity to pitch to a project support panel. This targeted help gives them the skills and know-how they need to run a viable and efficient social business.
In 2015, Accelerate provided support for 60 social entrepreneurs in locations across the UK, including Aberdeen, Glasgow, Greater Manchester, London, Merseyside and Yorkshire, and through our support, they too can help and create more jobs for young people.Discover more