‘Your Big Idea’ awards over £7,000 in start-up funding to Lambeth’s young entrepreneurs
25 young people from the borough presented their start-up business proposals to a panel – including Lambeth local James Adeleke, recently nominated for the Black British Business Power List – to pitch for funding and the chance to receive one-to-one business mentoring. Each applicant had the opportunity to walk away with up to £500 to support their venture, and a total of over £7,000 is expected to be given away in grants over the next year.
The event – sponsored and organised by Capita – was held at Clapham Library with attendees taking part in workshops on various aspects of running a business, including branding, marketing and pitching.
One young entrepreneur pitched her idea to the panel:
"It is great to see so many young people from the borough here to learn and develop their business ideas. Lambeth is the most aspirational borough in London; and the young entrepreneurs I met today are an enormous part of that. The start-up funding and mentoring available today will make a huge difference – and I am sure we will be seeing more from our attendees in the future."
Cllr Jack Hopkins Lambeth Council’s Cabinet Member for Jobs & Growth, said:
"Attending 'Your Big Idea' was a fantastic opportunity for my business, Kitchen Table Projects. As well as winning seed funding, I was able to network with some fantastic individuals and get involved in start-up workshops that were really relevant to my business."
Tara Sundramoorthi, said:
"The event took place during Global Entrepreneurship Week with support from youth charity The Prince’s Trust and Hatch Incubator. Capita is working with Lambeth Council to deliver a range of council services such as call centre operations and IT support. As part of Capita’s work in the borough, the business has pledged to help young people through its ‘Community Development Foundation’ known as the ‘Creating better tomorrows’ programme."
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