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The Bank of TMC

Posted by Storm on Fri, 08 Apr 2011.

If you want to change your community but don't know how to start, or want to start up a business but don't know where to get help. Then look no further, there is a chance to turn your creative business ideas into reality, with a pilot fund of nearly £30,000 available to set up new social enterprises in Leicester and Leicestershire.

The ‘Bank of TMC’ is inviting young people aged between 16 and 25 to send in a short video explaining their business idea and how it will benefit their community – 10 successful applicants will be offered up to £500 worth of support to turn their great idea into a sound business plan and 5 of those business plans could be offered up to £5000 start-up money.

The ‘Bank of TMC’ has been put together by Leicestershire County Council, Leicester City Council and The Mighty Creatives to promote social enterprise and entrepreneurism amongst young people. Social enterprises are businesses that are run for community and environmental benefit.

The Bank of TMC has been created with the help of a group of young people from all parts of the City and County;, Emma Hampson and Alice Hoar said,

“This is a great way of providing opportunities for those young people who may have hit a dead end, or are looking for a way of improving their lives and others’ lives in their community”.

Hassnain Safdar said,

“You could be the one to make a difference – if you’ve got a good idea send in a video, it’s simple and easy to do”.

David Sprason, Leicestershire County Council’s Cabinet Member for Adults and Communities said:

“This is a fantastic opportunity for our young people and could provide a boost to many young entrepreneurs within our midst. We have so many talented people in Leicestershire and I would urge anyone with a good business idea to get in touch – this could help change their lives. It is important that we do as much as we can to help new businesses and I am delighted that the County Council is able to support this scheme.”

Full details of who can be involved, what information the video needs to include and the next steps are available from www.themightycreatives.com www.leics.gov.uk/cip or by emailing davey.ivens@leics.gov.uk

Deadline for video entries is 5pm Monday 18th April 2011.

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