Supporting The Prince’s Trust Enterprise Programme
Almost two thirds (65 per cent) of young people hope to start their own business but say a lack of funding and practical experience is putting them off, according to research by YouGov commissioned by The Prince’s Trust and LDC.
Backing Youth Ambition aims to help young people explore and launch their own businesses through start-up grants and additional funding for The Prince’s Trust’s Enterprise Programme.
We’re also providing practical support through volunteering, training and mentoring activity across our regional offices. Uniting our employees, portfolio companies and business networks behind our vision to create a thriving youth enterprise economy and a more prosperous future.
LDC, The Prince’s Trust & Texthelp
Martin McKay, CEO of previous LDC portfolio company Texthelp, understands first-hand the impact The Prince’s Trust can have on the entrepreneurial ambitions of young people.He founded his education technology business when he was in his twenties, with support from The Prince’s Trust. LDC, The Prince’s Trust & Texthelp : Read More Read More
The three-year partnership forms part of our wider commitment to backing the ambitions of UK businesses and Lloyds Banking Group’s commitment to helping Britain prosper.
2021 Update
In the first two years, our partnership has contributed more than £800,000 to support more than 1,300 young entrepreneurs, through donations, volunteering, event attendance and mentoring.
The impact the LDC partnership has already made in such a short amount of time is remarkable.”Partnership Director
The Prince’s Trust
Now, in response to COVID-19, we’re supporting The Prince’s Trust as it pivots to run many of its courses online and redeploy funding to help young, ambitious businesses continue to operate during this trying period.
Recent research from The Prince’s Trust has revealed the impact of the coronavirus pandemic on the aspirations of young people across the UK, as the charity reaches an important milestone of supporting its one millionth young person. You can read more about the research that reveals an ‘aspiration gap’ here.
Future Steps
Throughout February 2021, almost 90 employees from all of LDC’s 12 locations right across the UK put their best foot forward and took part in ‘Future Steps’, a 10,000-steps-a-day challenge.
They collectively recorded 25 million steps in total raising over £15,000 to support The Prince’s Trust.
Find out more about our three-year partnership with The Prince’s Trust and the young people it has supported in the brochure below.
