Bright Ideas Trust

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Bright Ideas Trust (BIT) is a registered charity founded by Richard Morris and former The Apprentice winner Tim Campbell, established to help people aged 16-30 build their own businesses.

As of January 2013, Bright Ideas Trust is a delivery partner of the Government's Start Up Loans Scheme.

Target group[edit]

The charity was established to encourage young people, particularly from disadvantaged backgrounds, to get involved in enterprise.

It provides business support, mentoring and funding to 16- to 30-year-olds in London who are not in employment, education or training (NEET). [1]

Charitable activities[edit]

Despite being a charity, Bright Ideas Trust does not give away grants but instead uses a commercial venture capital approach to its investments by taking equity stakes in the business and issuing loans. [2]

References[edit]