I started my first business (web design) at 15 with a £1,000 grant from The Prince's Scottish Youth Business Trust. It was a very significant amount for me. Without it I wouldn't have been able to start.
My family were on income support so the money went straight on a PC, internet, phone line, business cards and public transport to reach my clients to pitch them. Thankfully I still lived with my parents: no rent until I was earning.
$12k is a very substantial amount for an underprivileged kid who's making the Airbnb vs. large corp choice.
My grant was (lightly) means-tested. Did you consider means-testing as a way to make more of an impact past the ideological one?
My family were on income support so the money went straight on a PC, internet, phone line, business cards and public transport to reach my clients to pitch them. Thankfully I still lived with my parents: no rent until I was earning.
$12k is a very substantial amount for an underprivileged kid who's making the Airbnb vs. large corp choice.
My grant was (lightly) means-tested. Did you consider means-testing as a way to make more of an impact past the ideological one?