S B I C
INCUBATOR
Small Business Investment Company hot desks and more
Real hands on help for new companies
 
 
 

Employers

Training for the young long term unemployed and hot desks for new companies.

Using government funding and angel investment Small Business Investment Company (SBIC) specialize in helping small companies find seed funding through its 10 web sites and a proposed Guildford training hot desk incubator centre.

Employer scheme

Have you noticed that you are missing out on contracts because your competitors have put forward ridiculously low quotes.

Maybe they are using the Future Jobs Fund to give them a £1000 and a young enthusiastic employee FREE (they are paid minimum wage by the scheme) for 26 hours a week for 6 months. You could find new business with this promotional quoting.

After covering overhead/material costs any profits are yours to keep. You can even employ graduates to act as managers for your new employees.

The basic criteria are:-

You must take on 10+ employees in gainful employment. Administration problems mean we can’t arrange the scheme for less.

Each vacancy has to be for 26 hours per week for a 6 month period, starting no later than 1st September 2010 and finishing on the 1st March 2011.

You can choose from a large pool of young people who have been claiming unemployment benefits for at least 6 months.

They will be paid directly, at the minimum wage, for hours worked under the scheme.

Your company will be paid a bonus based on the number of employees taken on under the scheme and the length of time that the vacancy is open for.

Funds are guaranteed to be paid on time because this is a government backed scheme

We undertake due diligence on your company and you will need to produce records of your participation under the scheme for audit purposes.

We do not charge for taking your job programme application. We take a small fee from the organisations holding the Future Job Funding.

We estimate that £680 million allocated to the scheme has not used for employment contracts.

If you think your company will benefit from extra funding and a young enthusiastic workforce paid by the government please telephone 0844 846 2325 and we will put you forward to the organisations holding the Future Jobs Funding.

Future Jobs Fund

The Future Jobs Fund targeted 18 to 24 years old that have been unemployed for more than 6 months. Organisations who applied for funding were tasked to find new employment for 26 hours a week over a 6 month period.

We estimate that £680 million allocated to the scheme has not used for employment contracts.

For more information go to the Department of Work and Pensions web site – www.dwp.gov.uk

Invest in SBIC

SBIC is looking for £50k seed funding to help cover initial cash flow costs of setting up the Guildford incubator. Agreed Government and charity backed funding of £180k are available for the 6 month programme. Find out more on the Invest page of this site.

Contact us if you wish to help us develop this much needed facility. Initially via a pilot site in Guildford and then via a national wide franchise network.