The £5 million Enterprise Relief Fund will offer grants to 18 to 30-year olds across the UK who are self-employed and/or running their own business. In conjunction with cash grants, the initiative will offer one-to-one support and guidance to anyone who needs it and who may be worried about their future.
Grants can be used to maintain core business operations during the coronavirus crisis, as well as meet any existing financial commitments, such as paying for essential equipment or settling invoices from suppliers.
To be eligible to apply, you must be a business owner aged 18 to 30, who set up their business in the last four years and don't have any other source of income during the crisis.
For further information please visit The Prince’s Trust website.