Not a month goes by without a headline drawing our attention to consequences of a deeply unequal education system. If these stories aren’t sad enough in themselves, what’s more worrying is the risk that they just become part of the news furniture, something that we just accept as an everyday fact about our society.
That’s why we must continuously strive for a world where every young person, no matter what their background, has an equal chance to fulfil their potential after leaving school. We cannot underestimate the transformative power of education.
In this progressive spirit, The Young Foundation is pleased to announce that the Young Academy 2015 is open for business and we’re looking for the next big thing in education focused social enterprise. We’re looking for the next Edukit, Proversity, Right to Succeed and Box up Crime – all prior participants in the programme.
The Young Academy helps to scale and replicate interventions that tackle inequality in education. It does this by putting ambitious entrepreneurs through a 16-week taught curriculum here in our Bethnal Green offices focusing on social impact, strategic planning and building market identity. Alongside this, the Young Academy provides entrepreneurs with both an experienced mentor and coach to help you work out your strategic objectives and financial model respectively.
We’ve also brought in social impact monitoring & evaluation specialists, New Philanthropy Capital, to work with our ventures both during and after the programme to help them refine their approach to evidencing the social good they create.
At the end of the programme, entrepreneurs can pitch to a room full of funders in a bid to access capital to take them to the next level. After the programme, The Young Foundation also has the potential to invest up to £150,000 into each venture.
The next wave of the Young Academy will take place in London from May to September (with a break in formal proceedings during August). We encourage you to apply if:
- You’re working towards tackling inequality in education in England
- Your social enterprise is under two years old
- You can commit to attending our incubator curriculum and are ambitious about creating social change
You can apply here.
The deadline for applications is 9am on Tuesday 5th May. Interviews will take place in the week commencing 11th May with the programme starting on Monday 18th May.
Interested in learning more? Read out report, Social Investment in Education on how social entrepreneurship and investment can help create more equal opportunities for young people. Also, take a look at some of the case studies of past participants on the programme here.
Any questions? Please email firstname.lastname@example.org