Charity will train & inspire disadvantaged people, in one of the most deprived areas of the country, into sustainable self-employment.
About the project
We have conducted numerous government funded Employability and Business start-up workshops for benefit claimants, so we have experience in running workshops. These workshops covered a wide range of topics. However we identified that there is a need for more targeted, business start-up focused workshops for those who have decided they want to pursue self-employment instead of just waiting for someone to give them a job.
We intend to use the funds to subsidise training workshops for those who want to be self-employed, but lack the appropriate business start-up knowledge. Participants will be asked to contribute a percentage of the workshop cost. We want to attract those who are serious and determine to achieve financial stability in their lives. The training will be practical and hands-on, participants will be shown how to create their business plan, cashflow forecast etc. They will also be shown how to access sources of funding to start their business, such as low interest rate business loans.
A very significant component of this project will be an element of mentoring, one-to-one business coaching, starting from the workshop sessions and continuing to their business start-up and beyond.
A very important component of the training will be to help and encourage participants to identify any fears or doubts they have which may hinder their success, so we can help them to deal with them.
We will also match participants up with local business people, so they can shadow them for at least one month. This will give them an opportunity to see close up what is involved in running a successful business on a day to day basis.