Some of the best and most innovative ideas come from young people. Unfortunately, it is fairly common for those in various fields such as science, business and technology to dismiss ideas introduced by young people due to their lack of academic credentials or any experience in the field in which they are showing an interest.
History, however, backs up the idea that some of the most innovative ideas ever to hit the market were created by young people who had no credentials or experience to speak of, and they succeeded due to sheer will power and by not knowing that what they were attempting was supposedly impossible.
If you are under the age of 18 and are looking for a grant to help you launch a business or to get your idea out to where it can be seen by the public, you’ll already have realized that this is a daunting proposition. There is not a great deal of money available to those who are looking to start up new businesses, and even less available to young people looking to do the same thing thanks to the time-honored belief that you have to have experience in the field to be successful. Thankfully there are a number of places to look for young entrepreneur grants that can help you make your dream a reality.
Types of Grants Available
There are two basic kinds of grants available, those from local businesses and organizations, and those available from national organizations that have been created to help young people achieve their dreams.
Local grants are usually sponsored by local business owners who want to give the young people in their communities a chance to make their name in the business field. You can usually find these grants by going to the website for your local Chamber of Commerce where any opportunities for young entrepreneurs will be listed.
For the national types of organizations, below you will find a few of the programs available as well as the websites where you can find more information on these programs.
Global Student Entrepreneur of the Year Awards: These awards are designed to recognize outstanding undergraduate student entrepreneurs. Candidates must be able to demonstrate their ability to juggle both their course work as well as the business they are running. For more information, please see: Global Student Entrepreneur Awards GCEA
Youth Venture: The Youth Venture programs awards $1,000 grants as well as technical assistance (such as needed computer equipment or other technical needs) to youth-led ventures that are designed to benefit either the young people’s schools or their communities. For more information on this program, please see: Youth Venture GENV
The Brick Awards: The Brick Awards are given out each year to six youth leaders under the age of 18 as well as three outstanding leaders between the ages of 19-25 who are demonstrating the use of their abilities to create stronger communities or local environments. The award amounts range from $5,000 to $10,000 for each awardee and the awards are given out on a yearly basis. For more information on this program, please see: The Do Something Awards