The John Cracknell Youth Enterprise Bank (JCYEB) have been Highly Commended in the category of Social Impact in Enterprise at the National Enterprise Network Awards.
The JCYEB, working with Hull City Council’s Youth Enterprise Micro Business Team, were recognised for raising over £110,000 to support #ExcludedUK, enterprising young people from local businesses, trade unions, charities, individuals and Hull City Council
This support fund has enabled JCYEB to issue the following over last year:
- 56 emergency grants to young people who were struggling with basic costs.
- 83 emergency business grants to young people who were excluded from the governments financial support for business, either because they had just set up or not paid enough tax along with those who did not have fixed costs.
- 32 restart grants to young people to help their businesses to come out of ‘semi’ closure and start to re trade.
The JCYEB also supported 16 aspiring young entrepreneurs with Test Market Grants and seven young care leavers access the Nathan Taylor Employment and Training Fund this year.
Cllr Daren Hale Leader of Hull City Council said:
“I would like to congratulate the JCYEB for being Highly Commended by the business support peer group the National Enterprise Network. The council is committed to working in partnership with organisations to mitigate the consequences faced by those businesses. In this case, enterprising young people did not receive the support they deserved and this local initiative stepped up to the mark. It has now received recognition for what it did, and no doubt will continue to do, to support young entrepreneurs.
“Our commitment to the small business sector is further seen with our Micro Biz Charter and our ARG Start up Grant, which I hope more start-ups in Hull and aspiring young entrepreneurs apply for.”
Ron Dickinson, Chair of John Cracknell Youth Enterprise Bank said:
“We are delighted to be working with Hull City Council to support young entrepreneurs which had led us to be Highly Commended the National Enterprise Network Awards for our work inbusiness supporting #ExcludedUK and enterprising young people.
“Just looking at our fellow business support organisations that were shortlisted, it is clear just how many fantastic enterprise-related initiatives and dedicated professionals there are up and down the country and the JCYEB is proud to be part of that group.”
Alex Till, Chairman, National Enterprise Network said:
“Every organisation featured on the 2021 National Enterprise Network Awards have demonstrated excellence in the delivery of enterprise support, either in the community or in educational settings which focus on embedding entrepreneurial spirit and enterprise.
“Selecting a winner is never an easy task, but this year’s entries provided a great insight into the fantastic enterprise-related initiatives and committed professionals working incredibly hard across the whole of England in these challenging times and I wish to congratulate the John Cracknell Youth Enterprise Bank for being highly commended at this year’s awards in the Social Impact category.”