Oli Bennett Charitable Trust

The Oli Bennett Charitable Trust provides small grants to help young people turn business ideas into sustainable enterprises. Established in memory of financial journalist Oli Bennett, the charity supports aspiring entrepreneurs aged 18–30 across the UK who may struggle to access traditional sources of finance.

The programme is designed for individuals developing a new business or growing a very young enterprise. Applicants must submit a business plan demonstrating the viability of their idea and how the funding will support business development. The Trust particularly favours funding for tangible business assets and equipment rather than general operating costs. Previous grants have supported purchases such as tools, specialist equipment, photographic equipment, beauty therapy resources, transport and other assets needed to establish or expand a business.

The charity’s focus is on providing support where other funding routes have been unavailable or unsuccessful, helping young people from all backgrounds pursue entrepreneurial ambitions and create sustainable businesses. Since its establishment, the Trust has supported a wide range of start-ups and small enterprises, providing practical assistance at a crucial stage of business development.

Grants are typically up to £2,000 and applications can be submitted throughout the year. The programme is particularly suitable for young entrepreneurs seeking a modest level of funding to purchase essential equipment, launch a new venture or develop an early-stage business. By combining financial assistance with a commitment to opportunity and enterprise, the Trust helps young people overcome barriers to self-employment and business growth.

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