Fledgling entrepreneurs, social enterprise start-ups and even eBay moguls are being invited to apply for scholarships worth £9,000 to pay for education while working on their young businesses.
Salford-based alldayPA CEO Reuben Singh has launched the scheme as a helping hand for the start-up tycoons of tomorrow.
Singh, who himself was an entrepreneur from an early age, believes that business education in the UK should be anchored in real-world scenarios.
This means innovative solutions to changes in law, technology, social media and more.
His firm alldayPA was set up in 1999 and today handles the calls for over 23,000 UK businesses acting as a virtual reception, switchboard and customer services team.
It announced in September 2014 it would create 200 jobs by opening its third Salford offices
The scholarship will provide students with up to £9,000 in funding for tuition fees for the 2016/2017 academic year.
Young business people who have shown initiative in creating their own business venture must demonstrate the nature of business, why they set it up, what they achieved and the lessons they have learned to date.
Applicants must be UK residents with a confirmed place at university for the 2016/17 academic year.
Singh said: “I know myself what it is like to have been in business from a young age, and my experiences setting up from scratch have shaped my understanding of the ever-changing business world.
“I was privileged to have support behind me as a result of my parents’ own hard work in their business, and financial capabilities at the start of my business career – this is something I am so grateful for.
“I believe it is now my turn to do this not only for my children, but for a number of deserving students wishing to further their business careers.
“The next generation of entrepreneurs needs both academic qualifications and real world experiences from both business and first-hand interpersonal interaction. The world is now a global village and it is important that tomorrow’s business leaders embrace the skills and business opportunities available to them from all over the world.”
More information is online here