Young Funding Network

February 2018

In February 2018, the Young Funding Network (YFN) partnered with the London School of Economics (LSE), for a special live crowdfunding event to support grassroots non-profits.

The Entrepreneurial Refugee Network (TERN) raised over £900 to pilot a new programme supporting refugees to create their own businesses, aiming to improve livelihoods while working against negative misconceptions.

With the funding, TERN ran a 4 month pilot to test demand and create assets for the service. As a result, 40 refugee entrepreneurs were given business development support through almost 100 business advice sessions.

7 entrepreneurs directly graduated into a full scale business incubator, and another 3 secured business loans to drive their idea forward.

TERN is now looking to launch a full service in 2019, aiming to support more than 100 entrepreneurs in its first full year of operation.

The Healthy Living Club raised over £900 to support their project to provide social engagement and improve mental and physical wellbeing for people living with dementia through community activities.

With the funding, the Club expanded their Monday half-day community group session into a full day of health focused activities for older people living with dementia in Lambeth.

The Club has increased the number of attendees from 8 to 22 people which has not only improved the lives of those attending, but also the wider support networks of those attending the sessions.

Since pitching, the Club has expanded to a sufficient level to receive an income from new members and better support their ongoing costs into the future.

Britain Has Class raised over £1,100 to support their aim to grow a movement for genuine class equality by building a network of activists, giving working class people a platform to share their experiences and campaign for real representation.

In March 2018 Britain Has Class held their official launch in Parliament, and the first ever Great British Class Conference, a working class festival of ideas and identity. Both events were a rare opportunity to bring working class activists together in traditionally elite areas of public life.

"In the last year we’ve grown faster than we could have ever hoped to.. YFN’s funding gave us the breathing space we needed to find our feet and build our network." - Chris Farley, Founder of Britain Has Class

Thank you to everyone who shared the evening with us and gave on the night.