Magnate Generation CIC

Magnate Generation CIC

Magnate Generation CIC

Magnate Generation is a Community Interest Company (CIC) set up to provide opportunities for Kent’s young people, by offering a range of business support services to young people who currently run a business or want to start a business in order to support the economic development of their business.

Our business

Magnate Generation CIC is a Non For Profit organisation which provides employment and skills workshops for young people in East Kent to ensure they get the support needed to be successful in business.

Our target market is aspiring young entrepreneurs with a real passion and drive to take their ideas forward. We offer a place where young people will grow in confidence and learn about the business world.

Some young people are not suited to employment but we are able to provide opportunities for Kent’s young people, by getting them set up in business. These young people can be such people as young offenders as they often show entrepreneurial methods that can be rechanneled into a legitimate business.

Location – Folkestone

We established in Folkestone and decided to base our social enterprise in the Folkestone Business Hub in the centre of town because we feel that the business will thrive here. Folkestone is such a unique and beautiful place with a large amount of people with a real passion and drive to take their business ideas forward.

Advantages of Folkestone

Such a great business incubator at the Folkestone Business Hub, great culture and events as well as great travel links to London, highspeed train and great links to Europe.

Funding Support

At Magnate Generation CIC we are proud to be working with some great partners such as Purple Octopus Project Community Interest Company and were thankful to be listed as a business to be awarded some money from the Safer in Kent Fund. The Safer in Kent Fund is aimed at supporting innovative local working and the bringing together of partnerships and communities to tackle local issues which are linked to priorities within the Safer in Kent plan. This fund allows us to support the delivery of our projects.

Support / Networking

We host and do attend many networking events and business groups in Shepway. When we were starting out we recieved support and guidence from Joanna Strickland at the Folkestone Business Hub as well as support from Carl Adams from Action with Communities In Rural Kent.

Our advice

Folkestone is such a lovely area with lots of busienss support avaliable and great business office space. Folkestone has a great culture and atmosphere so tap into people’s resources, character, talent and ambition, and don’t be afraid to ask for help.

Magnate Generation CIC is able to help anyone looking at starting in business with support and guidance, we can also put you in touch with business necessaries such as an Accountant, Legal Advice, Getting Employees, Advertising, Web Design and Marketing.

For young people who are looking at starting out in business, my advice would be to take risks, there is nothing that you can do which will keep you down for too long, because you are young you can jump back up and start again.