The Prince's Trust

 

Transcript

The Princes Trust quite simply helps disadvantaged young people have a future. We've helped over 750,000 young people, so on our way towards a million and generally speaking at least 76% of those have gone on to do something better.

Last year in our year ended March, we helped 55,000 young people and we are specifically targeting all of our work at the most disadvantaged young people in society.

The kinds of young people we work with are basically those who are unemployed and there's obviously a whole host of reasons as to why they're unemployed. So they might have been in prison, they might have had issues with drugs and alcohol.

There are some very talented youngsters out there who may be disadvantaged in terms of their educational background but they've still got fantastic skills that with our support and with our mentors and volunteers that can work with them, developing a business plan, developing a marketing plan and ultimately giving them a loan to set up in business on their own, it's a fantastic opportunity given that the direct employment opportunities in corporates and other organisations are severely limited at the moment.

The Princes Trust run quite a wide variety of programmes, depending on what circumstances the young people are in. So it could be anything from our Fairbridge programme or our team programme, which is personal development. You help them with maths, with English with perhaps anger management, with a whole range of issues that a young person might be facing right through to the business programme, which is where we set young people up in business.

In Birmingham PwC actually sponsor the team programme. The team programme takes some of our most challenging young people. It's a 12 week personal development programme. It's very structured and these would be young people that are quite long way often from the labour market and it really turns them around. And I've met hundreds of young people who have done the team programme, including in Birmingham who say if it wasn't for that programme I would be in a coffin, in prison or kind of wandering the streets.

We're sitting in Princes Trust House, one of the key features of the support that we've had from PwC is that every piece of furniture, bar a couple of sofas in this building which accommodates 330 people, has come from PwC. When we were thinking about opening a new office in Belfast we were able to get the same arrangement in Belfast.

What's really important to us at the Princes Trust is that every single penny that can go to help a young person and help them change their life does. And that's why the kind of support we've had from PwC which might seem not important, has actually been absolutely vital. So every single chair, desk, table that you gave us meant we didn't have to use money to buy it and we could give that money to young people. Every piece of advice that you've given us as a company means we haven't had to pay for it and that is hugely important.

We have a longstanding relationship with the Prince's Trust since it was founded in 1976. Nigel Hopes, its Chief Financial Officer and Chief Executive Martina Milburn talk about how a relationship with PwC has created value for the Prince’s Trust and it’s beneficiaries.