We were recently joined on The Breakfast Show by Peter Taylor, Area Manager of UK Steel Enterprise, which is a business support body that has helped around 1300 companies.
UK Steel Enterprise have launched the 40:40 Challenge. It's open to anyone under 18 years of age and who live in the areas of Tees Valley, Derwentside or West Cumbria. You can bid for a share of the £40,000 prize fund to either get a business idea off the ground or develop it further.
Bids can be between £500 and £10,000 and any idea will be considered, providing its helping to develop skills needed by the entrepreneurs of tomorrow.