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Starting your own business

Woman holding a tablet showing a chart.Have you ever dreamed of being your own boss and turning your passion into a thriving business? Our in house start-up support and coaching can pave the way to entrepreneurship, covering everything from:

  • Developing a business idea: Discover how to identify market opportunities, and validate your business concept.
  • Creating a business plan: Learn how to articulate your vision, define your target market, and develop a strategy.
  • Navigating legal and financial considerations: Understand the legal requirements, financial planning, and funding options available to aspiring entrepreneurs.

In Herefordshire, there are several organisations dedicated to supporting young people with business ideas and start-ups. These agencies offer a range of services, resources, and guidance to help young entrepreneurs turn their business ideas into reality. Listed below are some agencies in Herefordshire that support young people with business start-ups:

Woman looking at start up imageHerefordshire and Worcestershire Chamber of Commerce provides support and resources for businesses of all sizes, including start-ups. They offer guidance on business planning, access to networking events, training workshops, and mentoring programmes for young entrepreneurs.

Herefordshire Business Board works to promote economic growth and support businesses in the region. They offer advice, networking opportunities, and funding assistance to start-ups and entrepreneurs, including young people aged 16-24.

Marches Growth Hub provides support and resources for businesses in Herefordshire, Shropshire, and Telford & Wrekin. They offer advice on business planning, access to funding, networking events, and workshops specifically for start-ups and young entrepreneurs.

Herefordshire Council's Economic Development Team offers support and guidance to businesses in the region, including start-ups. They provide information on local business resources, funding opportunities, and assistance with regulatory requirements.

Young Enterprise is a national charity that works with schools and colleges to inspire and support young people to succeed in the world of business. They offer enterprise education programmes, mentoring, and competitions to help young people develop entrepreneurial skills and start their own businesses.

Herefordshire, Ludlow and North Shropshire College offers support for aspiring entrepreneurs through its enterprise and business courses. They provide training, workshops, and mentoring to help young people develop the skills and knowledge needed to start and run a successful business.

The Prince's Trust is a leading organisation providing invaluable support and guidance to young people across the UK who aspire to start their own businesses. Through their Enterprise Programme, they offer a wide range of resources, including business planning support, mentorship from experienced entrepreneurs, access to funding through low-interest loans and grants, and specialised training workshops covering essential entrepreneurial skills. With a strong focus on empowering young individuals from diverse backgrounds, the Prince's Trust aims to equip aspiring young entrepreneurs with the tools, knowledge, and confidence that are necessary to turn their business ideas into successful ventures.

Funding opportunities

Various funding opportunities are available to support young entrepreneurs in Herefordshire, including grants, loans, and investment schemes. Organisations such as the Marches Growth Hub and Herefordshire Council can provide information and guidance on accessing funding for business start-ups.