Wave of support sees Young Enterprise recover lustre after funding slashed

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The Northern Ireland entrepreneurship charity which lost over half a million pounds of government funding has won backing from over 60 businesses for a new schools programme.

Young Enterprise Northern Ireland said its new Business Backers campaign will allow young people to access its schools-based business programmes and has called on other companies to throw their support behind the initiative.




The show of support represents a remarkable turnaround for the organisation which was a high profile victim of swingeing public sector spending cuts, losing an annual grant of £550,000 from the Department of Education, around half of its total funding.

Its aim to interest and encourage young people into entrepreneurship and business has been widely lauded by the business community in Northern Ireland and was even recognised by US President Biden on his visit to Belfast earlier this year.

The group’s chief executive Carol Fitzsimons MBE said the programme was developed specifically to address the raft of support show by companies throughout Northern Ireland following news of its funding cut.

“When we announced the cessation of government funding for our programmes, we had a significant number of local businesses reach out to offer their support,” she said. “In response, we developed our new Business Backers campaign to provide opportunities for large and small businesses to help.

“Our Business Backers invest in 5, 10, 25, 50 or 100 future entrepreneurs each month, while benefitting from volunteering and networking opportunities for their employees and demonstrating their corporate responsibility and ESG commitments.”

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