The top prize of £500 went to 17-year-old Alfie Murrell, who set up SYM Clothing with the aim of providing high-end fashion at low prices. Alfie is challenging the fast her fashion industry by providing a sustainable service centered around vigorous restoration and skilled repair.
He said: “The popular fashion industry is growing by leaps and bounds, and we have lofty goals to penetrate a market that is still in shallow waters. We didn’t expect to win, but we took this opportunity to I wanted everyone here to know about my business and how to access what I do.”
The work with young entrepreneurs is being led by Hull City Council’s Making Changes for Careers (MC4C) program and John Cracknell Youth Enterprise Bank (JCYEB). The partnership has a particular focus on a wide range of disadvantaged groups, including young people of colour, neurodiverse people, from LGTBQ+ communities, Universal Credit and working class communities.
The new fund comes from MC4C and JCYEB’s decision to sign up to the Inclusive Entrepreneurship Charter, developed by Nottingham University Business School and aimed at promoting a more inclusive business ecosystem in the UK.
Charles Cracknell, founder of JCYEB, said: “Entrepreneurship is essential for innovation, job creation and economic growth. Over the past 21 years we have supported over 1,000 young people. We thought the time was right to set aside £30,000 to support young entrepreneurs.