Jericho Foundation announces £150,000 enterprise hub for Birmingham NEETS

Work on the Birmingham charity’s £150,000 project to create a unique business startup hub for disadvantaged young people is now well under way.

Jericho Foundation’s project will create a business incubation and meeting hub linked into local Birmingham employment support services, giving new social enterprises and micro businesses a state-of-the-art facility in their local area and providing space for their expanding businesses.

The project is being part-funded by a grant of £50,000 from the property industry charity LandAid and co-investment of £23,170 from the Redevco Foundation, providing new facilities for young people who are not in employment, education or training, business incubator and work spaces, one to one advice rooms, and energy efficient upgrades to Jericho Foundation’s premises.

Richard Beard, CEO, of Jericho Foundation, said: “We are delighted to announce this project to help local young people follow their dream of starting their own business. The work will completely transform an old and underutilized area of our building into a space tailor-made for small businesses and enterprise start-ups. Jericho Foundation’s hub will be completely flexible to its clients’ needs and will enable them to move into larger spaces as their businesses grow.

“We would like to thank LandAid Charitable Trust, the Redevco Foundation and ERDF / Birmingham City Council for helping to get this project off the ground.”

Work on Jericho Foundation’s building in Balsall Heath, Birmingham began on Monday 24 February 2014, and is due for completion by the end of May 2014.

The works have been designed by APEC Architects with assistance from Acivico, and the main contractor will D&F Kirrane Construction Ltd.

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