Inspiring Women to Start Their Own Business – New Round Opens in June

The RBS Inspiring Enterprise programme provides grants to non-profit organisations for projects which inspire women to start their own business.

The next round of the Inspiring Women in Enterprise funding scheme will open on 3 June 2013.

Non-profit organisations based and operating in the UK with a track record of providing enterprise support to women may apply for funding.

In a previous round, funding was awarded to wide range of projects including a project aimed at inspiring young disadvantaged African women graduates into business, a women’s business hub for women in rural areas, and the Positive Futures for Women initiative which helps ex-prisoners out of crime and into work. The initiative will use their grant to deliver two focused training programmes for up to 15 women ex-offenders who want to start their own businesses.

Dave Nicholson, Director of Ex-Cell Solutions which runs the initiative, said: “The ‘Positive Futures for Women’ programme aims to cut crime by providing women with opportunities for a legitimate lifestyle.

“The programme will also connect ex-offenders with other women who’ve successfully completed the course through the ‘Positive Futures Network.’ This will not only provide mutual long-term business support and inter-trading but help with resettlement too.”

The Inspiring Women in Enterprise programme offers approximately £500,000 in grants each year. Three levels of grant funding are available:

1.     Small grants of up to £10,000

2.     Medium grants of between £10,001 and £25,000

3.     Large grants of between £25,001 and £50,000.

The next deadline for applications is 17 June 2013 (midday).

A further funding round will open on 30 September with a deadline of 14 October 2013 (midday).

Further information is available from the RBS website (opens in a new window).

Source: RBS, 12/02/13

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