We are very excited to announce that we have been awarded funding from NatWest skills and opportunities fund to deliver much needed digital skills training to our young entrepreneurs and their start up businesses. LYST were shortlisted for the funding in November and, after a public vote, the news was announced on Monday 11th December.
A report published in 2015 by The House of Lords states that small and medium sized enterprises (SMEs) are falling behind with digital technology due to a lack of awareness, skills and low finance. Many small firms still aren’t aware of the potential opportunities that digital technology can create and they need to be educated on how it can be used to drive sales and aid their business.
The Skills and Opportunities fund was set up by RBS/NatWest to help build better communities, funding projects that enable people in disadvantaged communities to develop, create or access the skills and opportunities they need to build their financial capability skills or to start or develop a new business now or in the future.
With training in digital skills, our young entrepreneurs will have a better chance of building a sustainable business that can enable them to achieve financial independence.
Thank you to NatWest and to everyone who voted for us, we look forward to getting digital!
From left to right: LYST CEO Pat Shelley, LYST supported entrepreneur Zara from Box of Prints, LYST Alumni Mickela Ramsey-Hall from HR Sports Academy, LYST Manager Cliff Dobbs and LYST support entrepreneur Mary Otumahana from Prodigies of Nature