This element of The Foundation’s work most closely aligns with the traditional Mitie model – supporting and developing young businesses and entrepreneurs in their quest for future growth with our wealth of expertise.
Most recently, we have partnered with Big Issue Invest (BII) on its “Tech for Good Challenge
”; a programme designed to invest in new ventures which are using innovative and disruptive technology to address a social need and support or create opportunities for young people.
Our most recent involvement has seen The Mitie Foundation provide £50,000 funding for investment into 11 early stage ventures via BII’s challenge and we are waiting to see how these businesses will grow and develop over the next few years. The Mitie Foundation, together with five other corporates, was involved in selecting the ventures and has provided business support for one of the successful businesses which is developing an app for children with mental health issues.
The Mitie Foundation also recently partnered with Mosaic on their Enterprise Challenge by providing Mitie volunteers to take part in the national competition, acting as mentors to students at Sir Bernard Lovell School in Bristol. The competition is designed to develop and encourage the students’ entrepreneurial skills whereby they work in teams together with a business mentor to learn about becoming future business leaders, play a simulation game, and come up with fantastic business ideas.
The Mitie Foundation also partners with Working Knowledge, a social enterprise which organises Dragons’ Den style events in further education colleges throughout the UK. For more information on this and our other programmes in schools and colleges please go to our Inspiring Young People pages.