Money raised has helped 2,000 young people start their own business

Prince's Trust The Princes Trust Technology Leadership Group today announced it has raised £5
million for The Prince’s Trust Business Programme. Part of The Prince’s Trust,
the Technology Leadership Group is a high-level networking forum, which brings
together leaders from the UK technology industry to raise funds for young people. 

The money raised by the Technology Leadership Group since its formation in May
2002 has helped nearly two thousand young people transform their lives through
enterprise, and was celebrated with HRH The Prince of Wales at the Trust’s Gala
dinner at Windsor Castle on 2nd July.

Richard Holway, Chairman and founding member of the Technology Leadership Group
said: “We are delighted to have raised these funds in just six years and thank
all our members for their continued support. The Trust’s Business Programme gives
disadvantaged young people a chance to become tomorrow’s entrepreneurs and reaching
the £5 million mark is a significant achievement.” 

The Gala dinner also celebrated Capgemini achieving Platinum Patron status for
the Prince’s Trust. Capgemini has committed to donating £1 million over three
years, providing vital funds in addition to pro-bono consulting services.

David Boulter, CEO, Capgemini Aspire, said: “It is a privilege to offer our support to the Prince’s Trust and we
urge other technology companies to do the same. As Platinum Patrons we aim to
provide the Prince’s Trust with resources and expertise: giving our people the
opportunity to develop themselves through participation in various Trust programmes,
while assisting the Trust’s continued support and encouragement of young people.”

Pierre-Yves Cros, Capgemini Group Strategy Director and Chair of the Capgemini
UK Country Board
, added: “Capgemini has strengthened its partnership with the Prince’s Trust,
which forms a key element of our community involvement programme in the UK. We
hope that our close collaboration will help not only the beneficiaries of the
Trust’s work, but importantly also help to transform the Trust itself.”

The Gala dinner, sponsored by McAfee, also marked the 25th anniversary of The
Prince’s Trust Business Programme, which has helped more than 70,000 disadvantaged
young people establish their own businesses through low interest loans and mentoring.
Fifty-eight percent of the Trust’s supported businesses are still trading into
their third year.

It is hoped that the support of the Prince’s Trust’s Technology Group and Capgemini
will inspire other potential donors and contribute to the £1 million per month
the Prince’s Trust needs to continue the Business Programme.

About The Prince’s Trust Technology Leadership Group

Youth charity The Prince’s Trust, helps change young lives in the UK. It gives
practical and financial support, developing skills such as confidence and motivation.
It works with 14-30 year olds who have struggled at school, have been in care,
are long-term unemployed or have been in trouble with the law. In 30 years, The
Prince of Wales’s charity has helped over half a million young people and continues
to support 100 more every working day.

Part of The Prince’s Trust, the Technology Leadership Group is a unique high-level
networking forum, which brings together leaders from the UK technology industry
to help young people transform their lives through enterprise

For more information on The Prince’s Trust Technology Leadership Group’s activities,
events and how your business can get involved, visit www.princes-trust.org.uk/technology or call The Prince’s Trust on 020 7543 1356.

Further coverage:


Media contacts:

Jamie Webb / Annabel Kirk

The Prince’s Trust Technology Leadership Group

Tel: 020 7543 1317 email: Jamie.Webb@princes-trust.org.uk

Tel: 020 7543 1318 email: annabel.kirk@princes-trust.org.uk  

Alice Lam / Tom Rutteman

Brands2Life (for The Prince’s Trust)

Tel: 020 7592 1200  email:  princestrust@brands2life.com