Qualcomm, a developer and innovator of advanced wireless technologies, products and services, has announced it is donating £100,000 over a four year period to youth charity The Prince’s Trust. This donation will help young people from the UK’s most deprived communities to start their own businesses and build successful careers.
Qualcomm’s contribution will support The Prince’s Trust Business Programme, which provides funding and mentoring support to budding entrepreneurs. The Business Programme has helped more than 70,000 disadvantaged young people set up in business since 1983. Altogether, 58% of these businesses are still trading into their third year.
The mobile technology company’s donation to The Prince’s Trust reinforces its commitment to the development of educated, healthy and culturally vibrant communities throughout the UK. It will add further value by engaging Qualcomm’s employees with the charity’s work and will forge strong social and financial links between the organisations to build a close, long lasting partnership.
John Caterer, managing director of Qualcomm UK, said: “Many among the UK’s talented young generation face financial challenges to realizing their full career potential. Qualcomm is committed to helping provide these young people with the education, training and skills to build successful careers in the technology field. The Prince’s Trust has an important role in helping young people, and we hope that our financial investment and active involvement will help make the charity’s youth programmes even more successful.”
In combination with its financial contribution, Qualcomm will also be a prominent member of the charity’s Technology Leadership Group, applying the Company’s knowledge and expertise to help develop the UK’s next generation of technology entrepreneurs. The Prince’s Trust Technology Leadership Group is a fundraising and networking forum for the telecoms, media and technology sectors. It has raised more than £7 million to help young people into business with The Prince’s Trust.