Scholarship
As a registered charity, Launch22 aims at providing entrepreneurs from all walks of life the same opportunity to succeed. We have created a “scholarship program”, around three main focuses:
Targeting local areas: Launch22 incubators will open in the areas that need them the most, where entrepreneurship is most likely to help alleviate unemployment and reliance on benefits.
Networking: providing for free an environment for entrepreneurs to build-up the connections they need to start up their business.
Mentoring and supporting: providing, as part of the scholarship program, workshops and mentoring on a regular basis to enhance their confidence and give them technical business knowledge.
Eligibility
(though we welcome all applications, and still consider them on a case-by-case basis):
In receipt of at least one benefit or tax credit
Provide benefit or tax credit award notice and proof that the person is still getting benefits or tax credits.
Example of benefits considered: Income Support, Job Seeker Allowance
Unemployed
Provide P45 or a letter from the last employer confirming that the person is not employed in the company anymore.
Supported by another charity/organisation
Get in touch with us through the charity/organisation’s social workers, to arrange a meeting.
If you have exited the program already, provide a reference from the charity/organisation’s social worker (the one supervising you) and details on the program itself.
*Please note that entrepreneurs seeking funding, holding a post-graduate degree and current full-time students are exempt from the scholarship program.
Recruitment Process:
The applicant will fill in an application form, and provide any other relevant materials they feel necessary (this could include a draft business plan, for example).
Launch22 Staff and external sources/mentors, will review the applicant based on their application/additional provided material
Successful candidates will be invited to Launch22 for an informal interview; the interview panel may include possible external supporters of the program, mentors and Launch22 staff.
Candidates will be selected and assigned a designated mentor whom they will have regular meetings with; these meetings must be documented.
*The Launch22 scholarship scheme works on a 3-month rolling contract and the position of the scholar is re-assessed at the end of each period.