Sheffield accelerator launches nationwide six-figure entrepreneur funding

A business accelerator in South Yorkshire has launched a new six-figure funding scheme to support young entrepreneurs.

Sheffield-based TwinklHive offers £250k to help young entrepreneurs establish their own business.

The scheme will provide grants and mentorship to people aged 18 to 24, allowing them to commit and pursue entrepreneurship.

Following on from the launch of the scholarship in Summer 2020 across Yorkshire, the team at TwinklHive are looking for a second cohort for their scheme and are expanding their offer of support nationally.

Jonathan Seaton, co-founder and CEO at Twinkl and TwinklHive, commented: “We have all been living in unprecedented circumstances due to the pandemic. Covid has undoubtedly impacted the job market, and people are looking to find new opportunities and explore new directions as a result.

“For young people who are looking for a new direction or to pursue their business ideas, it can be an exciting yet daunting time. Through the TwinklHive scholarship we endeavor to support those young entrepreneurs looking to take that leap and pursue and grow a business of their own.”

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