Opportunity | Details

Care Leavers Wanted

Ref:

REED000004

Reed’s Entrepreneurs Fund

Summary: Reed’s Entrepreneurs Fund offers £10k and mentorship to help young founders scale their startups.

Further Details:
Entrepreneurs Fund Information

 Are you a young person with a promising small business? Have you made your first sale but don’t know how to grow? 

Our Founder, Sir Alec Reed, launched the Reed business in 1960 with just £75. More than 60 years later, Reed is the largest family‑run recruitment company in the world. His journey is just one of many that remind us of what’s possible when ambition meets opportunity.

Every week, inspiring stories of determination, innovation and entrepreneurial drive are shared on James Reed’s podcast ‘all about business’. The message is clear: the UK is full of talented founders ready to build something brilliant.

That’s why we’re giving back

Inspired by Reed’s purpose – improving lives through work – the fund will award at least three young entrepreneurs £10,000, alongside expert mentorship, to help scale their business, overcome challenges and accelerate growth. If you’ve already taken the first steps, we want to help you go further.

What you’ll get

  • £10,000 funding to invest directly into your business
  • Expert mentorship from experienced business leaders
  • A national platform to showcase your idea and ambition
  • Confidence and momentum to take your startup to the next stage

Nearly one million 18-to-24-year-olds are out of employment or training, this is simply not good enough. We need our young people to do meaningful work for their wellbeing and for the wellbeing of the economy. We need to encourage young people to set up shop and start their entrepreneurial journey now.

James Reed

Chairman and CEO, Reed

        Who can apply

You must meet all the following criteria:

  • Aged 18–24 at the point of application
  • A UK resident with the right to work in the UK
  • An existing business trading for less than three years
  • At least one paying customer at the time of application
  • A UK business bank account
  • Able to meet the full terms outlined in the application pack

Application timeline

  • Stage one – Initial application – Deadline: 7 July 2026
    Submit a short summary of your business.
  • Stage two – Detailed application – August 2026
    Shortlisted applicants provide further business details.
  • Final pitch – September 2026
    Selected finalists will be invited to an in‑person pitch event in London, where the winner(s) will be announced.

 

How to apply

Go to reed.com/entrepreneurs to register your interest, and you will receive the application form via email.

Applications close on 7 July 2026.

Next Steps

Go to reed.com/entrepreneurs to register your interest, and you will receive the application form via email.

Applications close on 7 July 2026.

If you make an application also please let the Care Leaver Covenant know by emailing connects@mycovenant.org.uk

Care Leaver Covenant

Any Queries?

If you have further questions or would like any more information, you can contact the Care Leaver Covenant at any time.

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