THE PRINCE’S SCOTTISH YOUTH BUSINESS TRUST Martin Ferry www.psybt.org.uk.

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Presentation transcript:

THE PRINCE’S SCOTTISH YOUTH BUSINESS TRUST Martin Ferry

The Prince’s Scottish Youth Business Trust (PSYBT) is a charity and was launched in The role of PSYBT is to provide essential finance and professional support to year olds in Scotland, whoever they are and wherever they come from, so that they can set up and run their own businesses.

Achievements to date in Scotland 11,400 young people. 10,800 businesses £36 million invested Estimated annual economic impact - £22million and 500 additional jobs Almost 800 volunteers across Scotland.

How PSYBT help Provide loans of up to £5,000 and in some cases grants of up to £1,000. Provide funding to support growing businesses. Every business we support is given it’s own mentor for a minimum of two years.

A little goes a long way… Glass by Kathryn Kathryn used a Test Marketing Grant of £250 to develop a portfolio, take her products to a wider audience and produce leaflets and business cards to promote her business. The grant allowed Kathryn to research her market and ensure the business had a future before starting the business full- time.

Paul’s Quality Butchers Paul thought buying the butcher’s shop he trained in as an apprentice was just a dream. Securing funding had been almost impossible until he approached PSYBT. He now owns 3 shops including a meat processing unit and a bakery. He employs 30 people.

David Hughes - Volunteer David Hughes has been mentoring Michael McCandlish of Premier Wash for 4 years. Throughout this time Michael has faced many challenges with his business and David has been there to provide advice, support and act as a sounding board.

Ardgowan Trout Fishery

St Andrew’s Golf Experience

Skerryvore – Ceilidh Band

The Duplets – Harpists

Britt Harcus - Illustrator

Winners of the 2010 John Connor Awards

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