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Explore pathways into: Self employment Start up business With 40 Camden residents 16-24 NEET Offer pathways into apprenticeships, training and education.

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Presentation on theme: "Explore pathways into: Self employment Start up business With 40 Camden residents 16-24 NEET Offer pathways into apprenticeships, training and education."— Presentation transcript:

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2 Explore pathways into: Self employment Start up business With 40 Camden residents 16-24 NEET Offer pathways into apprenticeships, training and education

3  Into enterprise will inspire, encourage and develop young entrepreneurs across the borough of Camden. We will provide an infrastructure to support the enterprise journey from pre business start ups to the launch of the business.  The Hub will operate as a base to enable traditionally disempowered young people to develop their own powerful networks.  The Hub will link to other enterprise centres, provide role models and peer mentors to guide and encourage new generations of young entrepreneurs.  Alongside the programme, Into Enterprise will offer links to apprenticeships, training and further and higher education.

4  Strategic partnerships working effectively  Have impact and measurable outcomes  Cost effective and sustainable

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6 Outreach Into Enterprise Beneficiary Into Enterprise Beneficiary Job centre plus ( 38 %) Centre point ( 10%) Only connect (14%) Camden apprentices (16%) Other THE HUB Co-ordination Base Events Training Hot-desking Practical support Coaching Networking Other pathways PARTNERS PT LYST WCK Progression Cockpit Arts LYST CTU Other pathways WCK Wider relationships Pan London: GLE, business, The mobile academy, Google campus, Pop up shops

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8  ‘The support has given me direction. I had the business idea for months but not really progressed with it, now we have all these suggestions such as pop up shops and stalls etc it has opened up so many options.’  ‘Into Enterprise has made me feel important, because someone is remembering me. They are prepared to accommodate any idea, no matter how small or silly, they are always willing to help you.’  ‘...it has been straightforward. Perfect. It is what it is.’  ‘The project staff are always very helpful and I would like to single them out. They always try and find a solution for you and for that I am grateful.’ Shared Intelligence Report April 2013

9 Stage 1 Explore enterprise Business models Entrepreneurial mindset Skills analysis Personal action Plan 100% Stage 2 Enterprise development Training Mentoring Research Review Hot desking 100% Stage 3 Business start up Coaching Business planning Test trading Financing NEA allowance 52% Other pathways Education Apprenticeships Training 43 %

10 IMPACT Direction “This has given me hope that something is going to come, that I am doing something good. Something right. This will help me get something out there.” Ongoing sense of support “I see this as a call off arrangement, something there when I need it.’” Extended contacts and networks “The services and programmes are very helpful and the networking is a good way of meeting other young entrepreneurs and to get motivated.” Increased confidence “The support has helped me progress more quickly that if I was doing alone.” Shared Intelligence Report 2013

11  Young people engaged 18-21  Passion for business  Partnership working  Value added benefits  Relationships with Camden services  Business champions  Identity and profile

12 More promotion “It’s not widely known and is more luck that I got involved.” Closer working with JCP “JCP need to be pushed to promote this, but then it depends on your Advisor.” Sharper definition of the Into Enterprise facilities “It does not feel like a dedicated business environment, as there is always lots of chaos being right by the college entrance.” The amount of space “there is a need for more space for workplaces, in its own building.” Shared intelligence Report 2013

13  Demonstrates needs and interests  Delivers gap in provision  Links to strategic priorities around youth unemployment Phase 2 will involve:  Building peer mentoring models  Building programme into schools and colleges  Building case studies for each curriculum area

14  Costs: £2,000 per participant  Target: May 2014: Match Camden core budget to work with 40 young people  Target August 2014/5: Raise further £40,000  Fundraising  Business sponsorship  ESF and other funding  Links with other boroughs  Developing new programmes

15 Into Enterprise Businesses working with Peter Jones Academy students on real life project Enterprise Society links to Into Enterprise providing practical support,

16 Other bits of somethings around NEETS Tasters in... Fund food and travel Enterprise challenges with profit Market makers, work on a stall for a day Self employment workshops NEET role models, who make it Working with families


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