Bright Ideas Trust

Last updated

Bright Ideas Trust (BIT) was a registered charity founded in 2007 by Richard Morris as a social enterprise for Tim Campbell to help those not in education, employment or training (NEETs) aged 16 to 30 build their own businesses. It went on to be awarded $1,000,000 by the Bank of America - one of the largest single donations to be given to a UK charity. BIT was launched by David Cameron when he was Leader of the Opposition and later by Boris Johnson when he was Mayor of London.

Contents

Target group

The charity was established to encourage young people from disadvantaged backgrounds to get involved in enterprise.

Bright Ideas Trust provided (it has since closed) end-to-end business start-up support, mentoring and access to funding to disadvantaged 16- to 30-year-olds, including those who are not in employment, education or training (NEET). [1]

Charitable activities

Despite being a charity, Bright Ideas Trust does not give away grants but instead helps beneficiaries access start-up finance via start-up loans.

The charity provides bespoke support for young people who want to start their own business. Each young person is matched with a mentor, who works with them during the business planning stage and for at least the first twelve months of the business trading. Mentors are usually experienced entrepreneurs from a wide variety of sectors.

Every 2 months Bright Ideas Trust hosts an informal networking event for young people and people interested in helping them set up in business. Each event includes an interview with a young person the charity has helped, a guest speaker who is usually an established business owner and an expert business panel q&a session.

Bright Ideas Trust also delivers enterprise awareness workshops and events in schools, colleges, universities and other youth organisations to help young people make fully informed decisions regarding their career choice.

Bright Ideas Trust also engages with prisons, youth offending teams, housing associations and other organisations supporting employability projects for young people.

Related Research Articles

A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners.

<span class="mw-page-title-main">Prince's Trust</span> United Kingdom-based charity

The Prince's Trust is a United Kingdom-based charity founded in 1976 by King Charles III to help vulnerable young people get their lives on track. It supports 11-to-30-year-olds who are unemployed or struggling at school and at risk of exclusion. Many of the young people helped by the trust face issues such as homelessness, disability, mental health problems, or trouble with the law.

<span class="mw-page-title-main">NEET</span> Person who is not in education, employment, or training

NEET, an acronym for "Not in Education, Employment, or Training", refers to a person who is unemployed and not receiving an education or vocational training. The classification originated in the United Kingdom in the late 1990s, and its use has spread, in varying degrees, to other countries, including Japan, South Korea, China, Taiwan, Serbia, Canada, and the United States. The NEET category includes the unemployed, as well as individuals outside the labour force. It is usually age-bounded to exclude people in old-age retirement.

<span class="mw-page-title-main">Sufra (charity)</span>

Shaw Trust is a charitable organisation in the United Kingdom which supports people with complex needs into good work. It was founded in the village of Shaw in Wiltshire in 1982.

OYAP Trust, formerly the Oxfordshire Youth Arts Partnership, is a UK-based charity involved in the education of young people through participation in the arts. The trust aims to develop skills, confidence and self-esteem and give vulnerable young people access to mainstream education, arts and training opportunities.

<span class="mw-page-title-main">Tim Campbell (businessman)</span> English businessman

Timothy Campbell is an English businessman best known as the winner of the first series of the British version of The Apprentice, a BBC TV reality show in which contestants competed to win a £100,000-a-year job working for businessman Alan Sugar.

<span class="mw-page-title-main">The Prince's Charities</span> Prince Charless charitable organizations

The Prince's Charities is a non-profit organisation that has associations with King Charles III. The Prince's Charities, supported by The Prince's Charities Foundation, is based in the United Kingdom and comprises 19 organisations of which Charles is patron or president, 18 of which were founded personally by him. The name derives from Charles's status as the Prince of Wales before his accession on 8 September 2022.

The Coalfields Regeneration Trust is a registered charity that works across the former Coalfield communities of England, Wales and Scotland. The Charity was founded in 1999. The Coalfields Regeneration Trust receives funding from the Department of Communities and Local Government for their work in English communities, The Welsh Government for their Welsh activities and the Scottish Government to cover their Scottish work. The Trust runs a number of initiatives and activities that make things happen at a community level in Coalfield areas. Each Country sets its own strategic objectives in line with local priorities.

Shelf is a voluntary organisation created with the aim of bringing new levels of sexual health awareness to young people of the United Kingdom. It is unique in that it was founded by four Year 10 students of Peterborough in April 2007 and is still currently owned and operated by them. It was founded with support from members of Peterborough City Council and the Peterborough NHS Primary Care Trust. Shelf runs via a website and distributed brochures containing information on sexual health and links to local support organisations.

Youth Business China, abbreviated YBC, is a non-profit program in the People's Republic of China that aims to promote youth entrepreneurship. It is headquartered in Beijing.

New Deal of the Mind is a charity that was established in 2009.

Catch22 is a social business, a not for profit business with a social mission which operates in the United Kingdom. Catch22 can trace its roots back 229 years, to the formation of The Philanthropic Society in 1788. Catch22 designs and delivers services that build resilience and aspiration in people and communities.

<span class="mw-page-title-main">UYDO</span>

UYDO was a youth-led charity which focuses on empowering young people in the developing world to take themselves out of unemployment and poverty through entrepreneurship.

<span class="mw-page-title-main">UKSA (maritime charity)</span>

UKSA in Cowes is a youth charity offering professional maritime training opportunities, youth development programs and school/ group residential trips. The charity was founded in 1987 by MFI entrepreneur Noel Lister. He purchased a Sports Council building with the intention of giving young people the opportunity to experience adventurous maritime activities. Since then UKSA has expanded now owning multiple buildings housing a wide range of facilities which are used to provide a wide range of maritime related actives, professional training and asset in support their charitable works.

The Fundación Impulsar is the Argentine affiliation of the Prince's Trust. It was founded in 1999 in Salta in the north west of Argentina, when seven British businesses working in Argentina, inspired by the work of the Princes Trust, agreed to fund a similar initiative. The following year, in response to the demand for help to establish similar organisations in various countries around the world, the Princes Trust established YBI, an umbrella organisation to advise and certify these organisations in the different countries. The Fundación Impulsar became an accredited member of YBI in 2002.

City Gateway is a charity that provides training for disadvantaged young people in the London Borough of Tower Hamlets and other boroughs of Greater London.

<span class="mw-page-title-main">London Youth Support Trust</span>

Launch It is the new name for The London Youth Support Trust, which was rebranded in 2019. Building on their 19 years’ experience of supporting young people from disadvantaged backgrounds to start successful and sustainable businesses, they have expanded their services across the UK.

<span class="mw-page-title-main">Mohammed Mamdani</span> British social entrepreneur and activist (born 1983)

Mohammed Sadiq Mamdani is a social entrepreneur and activist, who is currently the UK Director of Kijana Kwanza. He is known for his extensive work in founding charitable organisations; including Muslim Youth Helpline, Ansar Youth Project, Al-Mizan Charitable Trust and Sufra NW London. Mamdani is an advocate on youth issues and community development, who is passionate about interfaith social action.

The Dame Kelly Holmes Trust is a British charity that was set up in 2008 by double Olympic champion Dame Kelly Holmes. It supports retired athletes as they transition from sport, and uses their skills and experience to transform the lives of disadvantaged young people through mentoring programmes. The Trust supports people between the ages of 14 and 25 in all regions of the United Kingdom, and is funded by a combination of grants, trusts, corporate partners and fundraising.

References

  1. "Welcome brightideastrust.com - Hostmonster.com". www.brightideastrust.com. Retrieved 2022-04-02.


https://www.gov.uk/government/people/tim-campbell

http://news.bbc.co.uk/1/hi/entertainment/6474075.stm