Young Lambeth entrepreneurs countdown to ‘The Big Business Idea’

PRESS ANNOUNCEMENT                                  
24 October 2013

One month to go – young Lambeth entrepreneurs prepare for ‘The Big Business Idea’

Young people from the London Borough of Lambeth who dream of making their way in the world of business have just one month left to enter a competition offering the chance to win a £1,000 grant and the help of an experienced mentor to develop an innovative business proposal.

The challenge is part of ‘The Big Business Idea’, an event taking place at The Piano House, Brixton on 21st November 2013, during Global Entrepreneurship Week. It is being organised by Capita and supported by Lambeth Council.

Entrants aged 17-27 will present their proposals to a guest panel with the three winning individuals or teams receiving a grant of £1,000 each and the support of a business mentor to help them develop their service or product.

Deputy Mayor of London for Business and Enterprise, Kit Malthouse, urged young people to support the event, saying: ‘Entrepreneurship is a skill like any other – it can be learnt by anyone, and this is what makes it such a wonderfully fair concept.  I wish all the young people the best of luck, and I hope that among them will be the Richard Bransons of tomorrow.’

The latest member of the guest panel has been confirmed as Dirk Bischof, founder of the Lambeth Youth Enterprise Incubator. The initiative offers training, workshops and mentoring for local young entrepreneurs.

Other confirmed panel members:
•    Colin Crooks, Lambeth’s official social entrepreneur in residence.
•    Nadia Jones, Business Support Manager, London Youth Support Trust.
•    Kimalie Darlington, Lambeth Young Entrepreneur of the Year 2012.
•    Cllr Jackie Meldrum, Deputy Leader of Lambeth Borough Council and Cabinet member for Business & Employment.

Everyone attending the event, whether or not they’re entering the competition, will have the opportunity to hear expert advice and career guidance from entrepreneurs and business leaders.

Capita is working with Lambeth Council to deliver a range of council services such as call centre operations and IT support. As part of Capita’s work in the borough, the business has pledged to help young people through its ‘Community Development Foundation’ known as ‘Creating better tomorrows’ programme.

Anyone interested in taking part in ‘The Big Business Idea’ can register their details at charity@capita.co.uk. The latest news can be found on the official twitter site @BigIdeaLambeth.

Capita plc is the UK’s leading provider of business process management and integrated professional support solutions. With 52,500 people at more than 350 sites, including 70 business centres across the UK, Europe, India and South Africa, the Group uses its expertise, infrastructure and scale benefits to transform its clients’ services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE 100 with 2012 revenue of £3.4 billion. Further information on Capita plc can be found at: http://www.capita.co.uk



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