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Funding for 10,000 business mentors

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

The government has announced funding to recruit and train an additional 10,000 volunteers to become business mentors.

The Department of Business, Innovation and Skills along with the Small Firms Enterprise Development Initiative will be delivering the Get Mentoring Project, which will recruit and train thousands of business mentors in the UK from the small, medium and micro business community. 

This follows our recent support package announcing 5,000 mentors for new and exisiting female entrepreneurs.

Home Secretary and Minister for Women and Equalities Theresa May said: ‘Mentoring is an effective way of helping businesses progress. It is about providing guidance, encouragement and exploring new ideas.

‘We recently announced funding to create 5,000 mentors for entrepreneurs as part of a package of support for women’s enterprise.

‘I am delighted the government is investing in recruitment of an additional 10,000 volunteers to become mentors.’

This project will provide new and growing businesses real support and the mentors can also learn new ideas and develop new skills. 

Today’s announcement comes during Global Entrepreneurship Week - a week of events designed promote enterprise across the UK and internationally.

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