Finance · 13 March 2018

100 Disrupters puts up £100,000 for young entrepreneurs in Scotland

Grants are available to any young person up to the age of 26 who lives in Scotland

One of Scotland’s most successful entrepreneurs is offering £100,000 to the most disruptive young people in Scotland as part of a new 100 Disrupters competition.

Sir Tom Hunter’s Hunter Foundation today launched the grants fund to support the Year of Young People 2018 in Scotland, including budding entrepreneurs.

Open to any young person up to the age of 26 who lives in Scotland the foundation will award 100 grants of £1,000 to individuals or groups who it believes are positively disrupting the nation and helping their communities.

The foundation is partnering with a range of organisations to encourage young people to apply, including Young Enterprise Scotland which supports 15,000 young entrepreneurs a year.

Other partners include The Wood Foundation’s Youth & Philanthropy Initiative, Young Scot, Prince’s Trust, Street Soccer, Who Cares Scotland and the Children’s Parliament. All partners will be invited to judge the winning entries.

“We are looking to back young people with massive ambition and the courage to take that ambition on,” Hunter said.

“Whether that’s one mighty sporting challenge, changing their communities, building the next Facebook, a nascent Rabbie Burns or promoting a charity or cause that can change the face of Scotland, we want to support their ambition.

“As a fundamental, Scotland’s young people need a voice and a channel to ensure they are the next generation of leaders and importantly that they are not just heard but their ideas embraced.”
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Applications will be made either via a one page of script or a one-minute video message.

The Foundation said from the competition it will then “build a content rich platform to showcase all 100 ambitions and ensure all of Scotland can witness those ambitions either attempted or realised”.

Hunter added: “Ambition is taking on a challenge you may not fulfil but giving it a go anyway. As John Wayne said, ‘courage is being scared to death, but saddling up anyway’. We hope 100 Disrupters will.”

Hunter, the son of a grocer, started his first business selling trainers from the back of a van. He went on to build Sports Division, which became Europe’s largest independent sports retailer, which he sold in 1998 for £290m.

He also runs private investment vehicle West Coast Capital and has reportedly pledged to give away £1bn of his fortune before he dies.

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