FS4B Graduate Start Up Support aims to assist *graduates in starting up new businesses in Wales that demonstrate growth potential.
Working closely with Further Education (FE) and Higher Education (HE) Institutions, this service will deliver pre and post start 1-2-1 coaching and mentoring.
See the Flexible Support for Business section of the Welsh Assembly Government's website.
| FS4B GRADUATE START UP SUPPORT | YEAR 1 | |
|---|---|---|
| A | Spinout from academia (graduates - NVQ 4 or above) | Yes |
| B | Minimum projected turnover in the 1st year | £25,000 + |
| C | Minimum number of F/T employees within the first twelve months (excluding principles and Directors) | +1 |
| D | Proposed market segment will be either Regional, National or International (not local) | Yes |
| E | Forecast Growth over 3 years (year on year) | 20% |
| F | Key Sector | Yes |
| G | Heads of the Valleys / Mon Menai | Yes |
*NOTE: The term 'Graduates' is defined as: Undergraduates in their final year of study and those who have graduated at NVQ Level 4 or above from any FE institution within the past 5 years. N.B. This definition may be subject to periodic revision.
| FS4B GRADUATE START UP BURSARY | YEAR 1 | |
|---|---|---|
| A | Spinout from academia (graduates - NVQ 4 or above) | Yes |
| B | Minimum projected turnover in the 1st year | £80,000+ |
| C | Minimum number of F/T employees within the first twelve months (excluding principles and Directors) | +1 |
| D | Proposed market segment will be either Regional, National or International (not local) | Yes |
| E | Key Sector | Yes |
| F | Heads of the Valleys / Mon Menai | Yes |