Three applicants to a fund set up by one of Lancashire’s leading business awards will be receiving grants.
The BIBAs Foundation, set up by the awards in partnership with the Lancashire Community Foundation, has assessed a number of applications to the £30,000 cash pot.
It was set up to give out grants of up to £2,000 to 16 to 24-year-olds in the county to develop skills and expand and build businesses.
Karen Morris of the Community Foundation Lancashire said: “The BIBAs Foundation was launched because of the demand for funding and support from the group of young enterprising people it has been set up to award.
“The demand which it has been met with in even these early stages is evidence this demand is there which is fantastic.
“Business awards provide a spotlight to celebrate the success stories from across our community, but the BIBAs Foundation is raising the bar and building a legacy for the future. It would be fantastic to think one of the enterprising individuals it supports will go on to become a BIBAs winner of the future.”
The funds will be distributed by the Lancashire Community Foundation.