Applications closed on 12 October 2026.

Many funders run the same grant every year, so check the funder’s site for a new round. The details below are what the funder published when it was open.

Enterprise Nation

Enterprise Nation Fund: Next Generation

One grant of £1,500, plus six one-hour online mentoring sessions with an experienced entrepreneur, for a young entrepreneur aged 18-24 based in the UK. You don't need a registered business, business plan or trading history, just a business idea you are running or actively developing. Only one winner is chosen; the grant is unrestricted, so the winner decides how to use it in their business. Applications close at 23:59 on 12 October 2026.

Open grants like this

Grants you can apply for now, for the same kind of work or place.

You could get
£1,500
Deadline
Closed
the deadline has passed
Effort
Light
short form, little evidence needed

Who can apply

  • Individuals aged 18-24 at the time of application (valid ID required), based in the UK, who are running or actively developing a business idea; you do not need to be trading yet, but you must have an idea
  • Applicants must be willing to share a progress update if they win
  • You do not need to be an Enterprise Nation member, but you must create an Enterprise Nation account to apply
  • Applications cannot be submitted on someone else's behalf
  • Only one grant is awarded

What it funds

Help for a young entrepreneur to start their business:

  • A £1,500 unrestricted grant, which the winner decides how to use in their business
  • Six 1-hour online mentoring sessions with an experienced entrepreneur, suggested over a 10-week period
  • The chance to attend Enterprise Nation's monthly 'AI, Together' session

How to apply

  1. Create an Enterprise Nation account (membership is not required)
  2. Complete the online application form at https://www.enterprisenation.com/enterprise-nation-fund/next-generation/sign-up/, answering short questions about your business, how you'd use the grant and the challenge you're currently facing
  3. Optionally add a video submission (not compulsory, but it supports your application)
  4. Submit by 23:59 on 12 October 2026; late applications are not considered
  5. A panel convened by Enterprise Nation scores applications on the clarity and ambition of the business idea, the thoughtfulness of how the grant would be used, and the potential impact for the individual
  6. All applicants are updated on 15 October; the winner is announced on 19 October

The winner must complete a short impact update (three questions) within 30 days of the grant being paid.

The grant is not a loan, but it may be taxable depending on your circumstances. No individual feedback is given to unsuccessful applicants.

Have ready

Note: No documents are needed to apply; the winner must provide valid ID to confirm their age.