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Unloc and Verizon Business have launched The Young Entrepreneurs Challenge for 2025, an annual event that seeks to identify the best young talent across Europe with innovative business ideas.
The winner will receive £10,000 (€11,750*), mentorship and a technology package to launch their business. In addition, they will also receive a ticket to attend the Global One Young World 2025 Munich Summit.
This entrepreneurship competition for young people aims to encourage and attract the dynamic new business leaders of tomorrow. Now in its seventh year, the challenge is open to European entrepreneurs aged between 16-25 years old who can submit their technology-led start-up business concepts online.
“Each year, The Young Entrepreneurs Challenge identifies and brings to light amazing young talent from across the UK and Europe and it is a privilege to be able to help encourage and support tomorrow’s entrepreneurs,” said Sanjiv Gossain, General Manager and Head of EMEA for Verizon Business. “Young entrepreneurs in Europe often face challenges related to accessing funding and mentorship, so to play a role in enabling their ideas to come to fruition and be presented on the global stage, is very important to Verizon Business.”
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“We are in a landscape where technological ideas are becoming the clear catalyst for addressing and resolving some of the most complex challenges in sustainability, climate change and health, so investing in the next generation of leaders and their ideas plays a fundamental part in addressing these challenges,” said Hayden Taylor, Co-Founder and Chief Executive of Unloc.
“Every year we’re overwhelmed with the business minds of young entrepreneurs and in a year that has been dominated by the advancement of emerging tech, we’re very excited to see the ideas that entrants submit for the next Young Entrepreneurs Challenge.
“2024’s winner, Ethan Waisberg, impressed the expert judges with his app, AngioGenius, which allows anyone to take a photo of their eye at home to help detect and monitor eye disease progression. His research work with NASA astronauts and the integration of generative AI into the app was extremely impressive, and the funding from Unloc and Verizon will now enable him to carry out clinical trials and help reduce eye disease progression worldwide. We cannot wait to see what innovation young changemakers envision this year.”
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To enter, entrants are asked to record a 60-90-second video, as well as complete an online application form outlining their business idea. Applications will be judged based on their viability, technology innovation and sustainability.
Finalists will then compete head-to-head in a grand finale held in March 2025, pitching their business concept live to a panel of expert judges and invited guests representing both the worlds of business and education.
Apply by January 17, 2025 at YEC25.COM
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To read about last year’s Grand Final and Ethan’s win click here
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Notes for Journalists
About – Unloc
Unloc was founded in 2013 by award-winning young leaders Hayden Taylor and Ben Dowling. The organisation’s mission is to empower young people to be innovative changemakers who seek to build stronger communities and sustainable businesses. The organisation is focused on developing young people’s skills, enhancing their potential and boosting their determination to succeed. Unloc works towards achieving its mission by delivering inspiring educational programmes, including on entrepreneurship and self-employment, in our network of 100+ schools and colleges in the UK and beyond.
To find out more about Unloc and all our latest news visit: unloc.org.uk/news
About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
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We’re thrilled to reveal that we and our partners Verizon Business won not just one, but two awards at The Better Society Awards 2024! The event, held a few days ago, saw leading businesses from across the UK come together at the London Marriot Hotel in Grosvenor Square for a stunning night of celebration, where leaders from across all sectors were recognised for their contributions and positive impact on society and improving the lives of others.
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Through our combined work via the Unloc Changemaker Alliance, we were thrilled to pick up two awards, joining winners from major industry leaders including British Airways, Deloitte, Santander, MacMillan, The National Youth Advocacy Service, Octopus Energy, Vodafone, the NSPCC and Omaze (to name but a few).
The first award is for the National Commitment to Skills & Training Award, something we at Unloc are hugely proud of as we roll out our skills focused programmes, workshops and bootcamps across the UK.
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The second award is the Philanthropy Award category, given to celebrate individuals and organisations who advance innovation, new solutions, and demonstrate meaningful progress in a community, association, or other nonprofit organisation.
Talent and opportunity in the UK is often mis-aligned, with young people growing up in the most challenging socio-economic communities facing life expectancies up-to 6 years below the national average and lifetime income earning potential up-to 40% below the national benchmark (such as Portsmouth). Our joint skills and training programmes are helping to redress this imbalance.
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This uniquely collaborative approach between a global corporate, and our own non-for-profit skills and training organisation has:
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Unloc’s Managing Director Hayden Taylor said:
“We are over the moon that alongside our partners Verizon we’ve been recognised with two National Awards for our work supporting young people from disadvantaged communities to become changemakers and achieve their potential. Our teams, alongside countless volunteers, put huge amounts of hard work and energy to bring to life our unique and innovative programmes in schools, colleges and communities across the country – this award recognises all they do.”
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Xavier White, Verizon Businesses Head of EMEA Social Purpose & Senior ABM Lead said:
“These wins are a recognition of the amazing partnership between Verizon Business and Unloc. Together we’ve worked to create opportunities for young people, championing sustainability, inclusion and diversity, STEM access, and skills training, all of these leading to wider career options for the next generation. I’m grateful that this award has been able to shine a spotlight on the impact that businesses can have upon the community, especially when they work with organisations who have an intimate understanding of said community. Unloc are experts in empowering young people from all backgrounds – when big business and non-for-profit join forces, the impact can be vast!”
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The outcomes described above are the combined results of the six bespoke and innovative programmes in entrepreneurship, leadership, career pathways and amplifying student voices, which are curated and delivered by Unloc’s expert youth-focused facilitation team, working in close collaboration with Verizon employee mentors, guest speakers and industry experts. These are:
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Changemaker Challenge Enterprise Days
These day-long events take place in schools across the country with a particular focus on the most deprived communities, reaching more than 10,000 young people every year. They inspire young people to explore what it means to be a changemaker, including widening their career horizons and putting their entrepreneurial skills to the test through a series of social business challenges.
Each event brings together between 30 and 100 primary or secondary school students to learn about the life and career journeys of local entrepreneurs, Verizon employees and participate in entrepreneurial skill building workshops. Each day culminates in a ‘changemaker challenge’, whereby a team of young people work together to identify and develop an entrepreneurial solution to a real-life social, environmental or economic issue.
Unloc Academies
Our 3-month long Leadership and Enterprise academies develop the skills of more than 1000 passionate young people annually, supporting them to successfully tackle a solution to an issue they or their peers have faced in their schools, colleges or communities. For those participating in the Leadership Academy, Unloc provides practical instruction in project planning, facilitation and effective communication, as well as building personal confidence and leadership. Enterprise Academy students gain skills in business planning, market testing, setting up a business, financial management and more from entrepreneurs and Verizon employees and volunteers.
I AM:
I AM is a new kind of social change incubator putting 100 young people annually at the heart of tackling issues around equity, diversity and inclusion (EDI), whilst developing their life-long employability. For 6 months, young people from across Portsmouth and London come together over 4 immersive weekends of training and collaboration to learn about EDI and apply what they have learn to create and implement social change projects, with the support of community leaders, local professionals, specialist consultants, and democratically-elected representatives Following participation, 100% of young people say they feel more inspired to do something different or take action in the future, and 92% say they want to take part in similar programmes.
EDI Changemaker Days
Running alongside I AM, EDI Changemaker Days take place in 5 schools in disadvantaged communities and deliver an immersive day-long experience on EDI and racial justice for 1000 young people each year. With the help of the Unloc team and Verizon mentors, students build their own in-school campaigns to tackle a problem or address a challenge that impacts their lives.
The Young Entrepreneurs Challenge
The Young Entrepreneurs Challenge is an annual event that identifies and encourages young entrepreneurial talent. Now in its 5th year, the challenge provides the opportunity for any young person aged 16-25 with an innovative technology-led, business idea to apply for a grant of £10,000, plus mentorship, training and specialist pro-bono expertise, to help them translate their idea into a successful social enterprise or business. To date, 35 young people have been supported, with their ventures in turn employing more than 250 people.
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Last Thursday industry professionals from across the country gathered at Verizon’s slick London Hub in at MidCity Place, Holborn, for a Changemaker Moments event on Manufacturing. Hosted by Unloc, our Unloc Changemaker Alliance Members Verizon Business and Juniper Networks, and The Manufacturer – the event welcomed delegates from 25 manufacturing leaders, 25 young people, and members from all three organisations. Together they engaged with panels, explored emerging AI, IoT and robotics, networked, and even enjoyed a speed-mentoring session.
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The Manufacturer’s 2024 research revealed that the biggest challenge facing the industry today is Leadership, People, and Skills, with 24% of manufacturing leaders saying this is the most pressing issue. What the research discovered is that that culture and skills are at the root of this.
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Young, tech-native demographics entering the workforce are bringing to light the need for a cultural shift in the industry. And, as an aging industry during, tech is desperately in need of attracting young people with these digital skills and innovative ideas.
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The question posed to delegates was ‘How do we do this? How do we rebrand the industry while attracting the talent that will help us do just that?’
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This opened the way for much debate and sharing of experiences and thoughts on the current state of the industry, as well as where it’s headed in the coming future. Where are organisations seeing themselves headed – and how do they intend to get there?
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During the event the delegates experienced:
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The event was buzzing with energy and enthusiasm as business leaders got to hear directly from young people themselves, hear their ideas, their experiences, and where they see themselves posited within the industry.
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It was also a great opportunity for business leaders to get to know one another, network and see where their organisations and ambitions align in the industry.
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Unloc’s Managing Director Hayden Taylor said:
“Events like our Changemaker Moments Days are exactly why we formed the Unloc Changemaker Alliance in the first place, bringing together business leaders from across industry to meet and connect directly with young people. To have this direct line of access to hear from industry leaders, to gain insight and hear their lived experience is so valuable and inspiring.”
“In return professionals get to engage with young changemakers just starting out on their own career journey, to share in their enthusiasm and vision for the world and the industry as they imagine it – a whole new generation of professionals just waiting to emerge and share their talents. It was a fantastic event and I know everyone I spoke to enjoyed it immensely. A huge thank you to young people that came along to speak today, to The Manufacturer, and to our amazing partners Verizon Business and Juniper Networks for working with us to deliver such an engaging event.”
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More Changemaker Moment events soon, click here and follow us on LinkedIn for all the latest updates!
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Is your organisation interested in joining the Unloc Changemaker Alliance? Click here for more info
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This year’s 2024 Young Entrepreneurs Challenge was extra special for Unloc and our partners Verizon Business, as not only did we feature our most impressive finalists yet, we also launched an all new category for young people with the initial sparks of an idea! Concepts and business ideas come in all shapes and sizes, and whilst not every idea that gets submitted may be far enough along in its development to make it through to the final, we received so many high quality applications that we couldn’t let that talent pass by without doing something to help such inspiring young people take that first step to success.
With this in mind we created a new Ignite Tier which was launched at this year’s Grand Final event in London. This new tier saw us selecting 5 lucky finalists to compete for a new Ignite Grant of £1000 / 1,200 € to kickstart their concept and ignite their business idea.
We then opened up the vote online to allow people to vote for their three winners, with each receiving the funding to help kick-start their business idea. The votes flooded in, and three winners were announced!
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Georgina Lee – aged 16 from the UK
Georgina’s idea was for a portable sign language translator hoping to improve the quality of education of those who cannot verbally communicate. The £1000 would be used to create a prototype using a small camera, small speaker, and learning how the optic flow within the sensor is going to work. Georgina said:
“My company is USS (you speak sign) a non-profit organisation dedicated to the inclusion of all abilities in this world of technology. Our team consists of myself, a team leader, our research team of Maisha Maryam and Ibtehal Babar and our head of design Aliana Al Khalil. We all attend the same school and have been amazing friends for many years! Our product is a portable sign language translator hoping to improve the quality of education of those who cannot verbally communicate. Designed to improve the lives of deaf people who are nonverbal, and meets their needs in a new way by considering other aspects of sign language (body language) that was ignored by other solutions.
We were inspired by our classmates as we go to the only deaf catering school in our area to help them within our lessons because we couldn’t do much for them. They often became isolated not by choice but simply by the fact that they couldn’t communicate which we thought was unfair. We also recognised that for everyone to learn sign wouldn’t be feasible. To tackle this problem we started small by learn to sign ourselves every Thursday lunchtime! We spent time with those who are deaf of varying severity and learnt about their needs and concerns. We gathered information and started our research by looking into technology that has already been created for our fellow students.
Despite the technology existing, we have utilised it in an original way by including things such as gesture recognition, or allowing our product to include other types of sign language, increasing its versatility. We would use the £1000 in order to create a prototype to bring life to our portable translator. It requires high technology and expert in order to help us build the prototype so this is what I would invest the money into. We will also invest into buying the parts, and actually physically building this Translator in order to see the viability of It. We are looking to buy small camera, small speaker, and learn how the optic flow within the sensor is going to work. We will also invest in experts in these fields in order to better develop our own understanding of this new technology!”
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Martina Criniti – aged 25 from Italy
Martina’s idea is the creation of a structure for use in the sea that can be turned into a basket with a double filtering function that keeps things contained and prevents them from spreading out. The idea aims to reduce plastics and microplastics in the coastal waters and rivers, primarily. The €1,200 would be used to conduct research and seek out researchers from both European institutions and Nationals who are interested in the advancement of this concept. I also consider large corporations. The objective is to develop a product that can be immediately placed on the market. Martina said:
“No matter what people tell you, words and ideas can change the world”.
Robin Williams
“This quote resonates deeply with me as it reflects my life, attitude, and unwavering determination. Despite criticism of my ideas, I have always believed in their potential to make a difference. That is why, I am incredibly grateful and honored to have been selected by the Young Entrepreneur Challenge for the Ignite category giving me such an unparalleled opportunity. I am an Italian law and international relations student at the University of Genoa. Last year, during my second year of university, I was inspired to tackle the issue of plastic pollution.
Through extensive research and development, I've created a sustainable solution to reduce plastic waste and protect marine life. Being passionate about environmental sustainability since my high school days, I participated in the simulations of the United Nations as a delegate and advocate general, where I learned about sustainable resources and measures to reduce plastics and microplastics in the ocean. Since that time, I have dedicated myself to solving the issue of plastic pollution. After being called in for years on technical and legislative solutions in proposing solutions and actions at the international law level by collaborating and cooperating with delegates during the UN simulations, last year, I decided to put into practice a system able to capture and collect all kind of plastic and microplastics at its source: rivers and coastal waters.
Few devices are used in these areas, creating a discrepancy in how actions are taken where plastic pollution habitually floats and its origins. The idea, which underwent different stages and modifications, aims to collect plastics and filter microplastics using a combination of mechanical and robotic installations and applications. The structure is environmentally friendly, and technological devices make it self-sustaining without external or ground-bound energy sources. The structure also includes a detector, protecting marine life and preventing their engulfment.
Furthermore, it employs AI technology, which is advantageous in the current market and helps people achieve their objectives. The goal is to reduce plastic by 2050 and achieve goals 6, 13, and 14 of the UN Sustainable Development Goals (SDGs). The idea is decisive since the structure can be used in a large-scale application, not sectoral. It can be installed in diverse areas, including rivers and territorial waters, and in diverse circumstances as it can be employed in small, medium, and large boats, for example.
The funds will be allocated toward researching and implementing the concept, ensuring its efficacy and promptness as I will organise research collaborations and introduce the project to diverse international and national organisations and companies as well as research institutions. I sincerely appreciate your support: your belief in me and in my idea has been truly empowering.“
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Harry Smith – aged 25 from the UK
Harry’s idea is a device for generating energy from the waves in the sea. It’s comprised of a series of tubes with magnetic floats in, which bob up and down with wave action and form a linear alternator. This energy is then rectified and can be fed back to the grid or used locally as a generator would. The £1,000 would fund tests in the sea with the current prototype, which would help to gather data on possible output levels, which informs suitable use cases. Harry said:
“OnJoule was founded to help meet the world’s increasing energy needs by harnessing the power of the sea. I have had a life-long passion for engineering and all things marine which led me a few years ago to build myself a narrowboat from scratch to live on. While aboard of an evening, it’s impossible to ignore the lapping of water against the outside of the hull, even on quiet inland waterways. This made me think about ways of harnessing this power and doing something useful with it, consequently OnJoule came into existence.
The core technology behind OnJoule is a series of light floating magnets within a much heavier floating platform. As a wave passes the light magnetic floats bob up and down significantly more than the heavy platform, which causes relative motion, which can be harnessed into electricity. Unlike existing wave energy technologies it requires no costly infrastructure, and has no wearing parts, so can be at sea for an extended period of time. As the technology is modular it suits multiple sizes of application, from something small enough to be rapidly deployed as a replacement for a petrol generator through to grid level infrastructure.
OnJoule is in its infancy currently and so the prototype of the technology is relatively crude and small, and not yet suitable to reveal to the world! The next stage for the business is to develop this prototype and refine the technology, to increase efficiency and by the end of the year have something that can be demonstrated publicly to promote wave power as a viable addition to renewable technologies, test the technology in real world conditions and use it to demonstrate to investors to raise a pre seed round of funding.
The grant money is going to be incredibly useful to spend on the development of this prototype- it unlocks the next stage of product development and enables the purchase of materials to prototype with, which is crucial with any hardware based start up. My last start up, HausBots, who make wall-climbing robots, was started in a similar way- use competition and grant money to build a basic prototype to demonstrate to investors, raise investment then use that money to build a truly great product for customers to use!
We all have the capacity to build a better future for humanity, and as an engineer I see it as my duty to at least try to build things that can help to solve some of the massive problems the world faces. The need for energy generation is only going up, so our ways of generating it need to become ever greener to cope, which requires ever more innovations such as OnJoule.”
Our three Winners have some brilliant concepts to unleash upon the world, and thanks to the new Ignite funding it will allow them to progress their ideas – and help make their dreams a reality. Watch this space!
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We’re thrilled to reveal that we and our partners Verizon Business have been shortlisted for not just one, but two awards at The Better Society Awards 2024! The first category is for the National Commitment to Skills & Training Award, something we’re hugely proud of as we roll out our skills focused programmes, workshops and bootcamps across the UK.
The second is for the Philanthropy Award category, given to celebrate individuals and organisations who advance innovation, new solutions, and demonstrate meaningful progress in a community, association, or other nonprofit organisation.
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Unloc’s Managing Director Haydon Taylor is thrilled about the announcement, saying:
“What an incredible honour to be shortlisted for such impressive awards and gaining recognition for the extensive work we do with young people around the country. We’ve worked with the amazing team at Verizon Business for five years now to provide collaborative training and skills opportunities to more than 100,000 young people from across the country, many from disadvantaged communities.”
“Our partnership allows us to provide them with access to free skills and opportunities they’d otherwise miss out on. Working throughout the education sector we’ve been able to expand our reach and help develop the potential of young people from all different backgrounds. Building their confidence, their skills, and their ability to become young changemakers in their communities. I hope everyone will wish us, and Verizon the best of luck on awards night!”
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Talent and opportunity in the UK is often mis-aligned, with young people growing up in the most challenging socio-economic communities facing life expectancies up-to 6 years below the national average and lifetime income earning potential up-to 40% below the national benchmark (such as Portsmouth). Our joint skills and training programmes are helping to redress this imbalance.
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This uniquely collaborative approach between a global corporate, and our own non-for-profit skills & training organisation has:
The outcomes described above are the combined results of the six bespoke and innovative programmes in entrepreneurship, leadership, career pathways and amplifying student voices, which are curated and delivered by Unloc’s expert youth-focused facilitation team, working in close collaboration with Verizon employee mentors, guest speakers and industry experts.
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“We’re so proud of the programs that we’ve developed with Unloc and the impact that they’ve had. I’m delighted that our partnership has been award-nominated as it shows that our approach to levelling the playing field for young people and helping them to develop entrepreneurial skills is making a marked impact and achieving our ambitions in line with our responsible business plan, Citizen Verizon.”
Sanjiv Gossain, Head of EMEA, Verizon Business
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Changemaker Challenge Enterprise Days
These day-long events take place in schools across the country with a particular focus on the most deprived communities, reaching more than 10,000 young people every year. They inspire young people to explore what it means to be a changemaker, including widening their career horizons and putting their entrepreneurial skills to the test through a series of social business challenges.
Each event brings together between 30 and 100 primary or secondary school students to learn about the life and career journeys of local entrepreneurs, Verizon employees and participate in entrepreneurial skill building workshops. Each day culminates in a ‘changemaker challenge’, whereby a team of young people work together to identify and develop an entrepreneurial solution to a real-life social, environmental or economic issue.
Saiqua Zaneb, Deputy Head Teacher at Central Foundation Girls School in Tower Hamlets said
“These experiences have been transformative for our students, giving them the skills and training experiences they need to thrive in the real world.”
Unloc Academies
Our 3-month long Leadership and Enterprise academies develop the skills of more than 1000 passionate young people annually, supporting them to successfully tackle a solution to an issue they or their peers have faced in their schools, colleges or communities. For those participating in the Leadership Academy, Unloc provides practical instruction in project planning, facilitation and effective communication, as well as building personal confidence and leadership. Enterprise Academy students gain skills in business planning, market testing, setting up a business, financial management and more from entrepreneurs and Verizon employees and volunteers.
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I AM:
I AM is a new kind of social change incubator putting 100 young people annually at the heart of tackling issues around equity, diversity and inclusion (EDI), whilst developing their life-long employability. For 6 months, young people from across Portsmouth and London come together over 4 immersive weekends of training and collaboration to learn about EDI and apply what they have learn to create and implement social change projects, with the support of community leaders, local professionals, specialist consultants, and democratically-elected representatives Following participation, 100% of young people say they feel more inspired to do something different or take action in the future, and 92% say they want to take part in similar programmes.
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EDI Changemaker Days
Running alongside I AM, EDI Changemaker Days take place in 5 schools in disadvantaged communities and deliver an immersive day-long experience on EDI and racial justice for 1000 young people each year. With the help of the Unloc team and Verizon mentors, students build their own in-school campaigns to tackle a problem or address a challenge that impacts their lives.
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The Young Entrepreneurs Challenge
The Young Entrepreneurs Challenge is an annual event that identifies and encourages young entrepreneurial talent. Now in its 5th year, the challenge provides the opportunity for any young person aged 16-25 with an innovative technology-led, business idea to apply for a grant of £10,000, plus mentorship, training and specialist pro-bono expertise, to help them translate their idea into a successful social enterprise or business. To date, 35 young people have been supported, with their ventures in turn employing more than 250 people.
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What an event this year’s Young Entrepreneurs Challenge Grand Final was! Year upon year the competition grows in scale and reputation, attracting ever more impressive young people from across Europe. This year’s event was held at the stunning V Suite in our partner Verizon’s Headquarters in Holborn, London, with leaders from across industry sectors gathering to witness our young hopefuls pitch their business ideas to our panel of judges, including ex Dragon’s Den star Piers Linney.
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After some amazing and impressive pitches, and much difficult deliberation from the judges, Ethan Waisberg has been revealed as the winner of the 2024 Verizon/Unloc Young Entrepreneurs Challenge. Ethan competed with strong contenders from across Europe to win £10,000 (€12,000), mentorship, a technology support package to help kickstart their business proposal, and a trip to the One Young World 2024 Global Summit, which brings together many of the brightest young leaders from over 190 countries.
The Young Entrepreneurs Challenge, now in its sixth year, tasks young people between the ages of 16 and 25 to devise a tech-led business idea that enriches and benefits the planet. This year’s challenge uncovered solutions, including a new bladeless hydro generator, a hybrid sunlight system that utilises advanced optics with a sun-tracking mechanism, and Generative AI technology to improve eye disease screening programs.
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This year the contestants pitched to an esteemed panel of expert judges including:
Sanjiv Gossain, Head of EMEA, VerizonBusiness
EllaRobertson-McKay, ManagingDirector, One Young World
Piers Linney, Former investor on Dragons’Den, Co-founder: ImplementAI,Adviser & Speaker
Jamie Bankhead, Previous YEC Winner & CEO ofKonglomerate Games
JohnWilliams, MarketingDirector & CMO – EMEA,APAC & LatAm, Verizon
With a strong pitch and well defined business plan, Ethan won this year’s competition with his product AngioGenius. With eye disease screening programs worldwide not performing well enough and millions around the world to going blind, Ethan developed an app where anyone can take a photo of their eye at home to help detect and monitor eye disease progression. From his research work with NASA astronauts, Ethan found a way to use Generative AI to allow the eyes of astronauts to be better monitored while in spaceflight, where limited imaging equipment exists. Ethan is bringing this same technology to Earth with AngioGenius at a fraction of the cost to current and widely used eye disease screening programs.
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“I’m extremely impressed with all the other finalists and I feel honoured to be here and to have won,”said Ethan Waisberg, Founder, AngioGenius “I’m really excited as this funding will enable us to carry out clinical trials and help reduce blindness worldwide. I’m also excited by the support and mentorship being offered by Verizon and Unloc to help my company take the next steps to growth”
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“What an amazing Grand Final this year” said Unloc’s Managing Director Hayden Taylor, “Our Finalists were so prepared and focused during the event, and really demonstrated the ingenuity, creativity and determination of young people in today’s world. I know our judges had an incredibly tough decision to make, but ultimately there can only be one grand prize winner, and Ethan absolutely deserved the £10,000 prize to take his ideas forward and make them a reality. A huge congratulations to all of our finalists, you make all of the hard work that goes into this competition absolutely worth it, and we’ll continue to watch and support you on your journey as the business leaders of tomorrow.”
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“I am truly impressed by the innovative ideas and determination demonstrated by all participants in this year’s Young Entrepreneur Challenge. Congratulations to this year’s winner, Ethan Waisberg for his innovative vision and exemplary execution, and to all the finalists for their remarkable contributions to the entrepreneurial landscape. Their innovative ideas and entrepreneurial spirit have truly impressed us all and their passion, creativity, and dedication are inspiring examples for aspiring entrepreneurs everywhere. I am excited to see this group of young business leaders and their innovations fulfill their potential to have a positive impact .” said Sanjiv Gossain, General Manager and Head of EMEA for Verizon Business.
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Each runner-up receives £1,000 to fund their start-up business, a personalised development plan that focuses on key priorities, and access to a series of masterclasses over the next year that will pair the finalists with various industry experts. We also provided Mariia with entry to the One Young World Summit in Montrèal, Canada by way of making up for the fact she was unable to travel to the UK from Ukraine and attend the Grand Final in person.
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The 2024 Young Entrepreneurs Challenge Runner Ups
We’ll be watching these inspiring young people closely to follow all their progress and developments as they start their careers, paving the way for fellow young entrepreneurs to follow in their footsteps. Follow us on our social channels to keep up with their progress and career developments!
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For more information on The Young Entrepreneurs Challenge simply click here!
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About Unloc
Unloc was founded in 2013 by award-winning young leaders and advocates Hayden Taylor and Ben Dowling. Our mission is to empower young people to be innovative changemakers who seek to build stronger communities and sustainable businesses. We develop young people’s skills, enhance their potential and boost their determination to succeed. This is encapsulated in our ‘Developing Young Potential’ tagline. We work towards our mission by delivering inspiring educational programmes in our growing network of schools and colleges, our physical Changemaker Studios spaces in Portsmouth and London, and work with business leaders to deliver a range of programmes that help us achieve our mission. For more information about Unloc visit www.unloc.org.uk
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About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000, and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds
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Five young entrepreneurs have been named as finalists in the latest Verizon / Unloc Young Entrepreneurs Challenge to encourage and attract the dynamic new business leaders of tomorrow. The challenge, now in its sixth year, tasks young people between the ages of 16 and 25 to devise a tech-led business idea that enriches and benefits the planet.
This year’s top challenge has uncovered solutions, including a new bladeless hydro generator, a hybrid sunlight system that utilises advanced optics with a sun-tracking mechanism, and GenerativeAI technology to improve eye disease screening programs.
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“Over the past six years the Young Entrepreneurs Challenge has uncovered amazing young talent from across Europe, with increased engagement and bolder business concepts year on year,” said Sanjiv Gossain, General Manager andHead of EMEAfor VerizonBusiness.
“With the current challenges in the technology sector and reduced startup funding across the EMEAregion, dragged by inflation, higher interest rates and geopolitical events, programs like the Young Entrepreneurs Challenge are even more important to ensure we continue to support and nurture budding entrepreneurs.”
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This year saw 100 competitive entries from a broad range of countries across Europe including the UK, France, Italy, Spain, Hungary, Poland, Turkey, Ukraine, Bulgaria, Romania, Austria, Belgium, Netherlands, Germany, Ireland, Finland and Greece. These entries were narrowed down to five finalists.
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“As the reputation of the competition grows, we’re seeing thatreflected in the sheer standard of applicants, not only that, we’re delighted to have such an amazing panel of Judges,” said Hayden Taylor, Managing Director of Unloc
“It’s inspiring to see somany new and innovative business concepts in the areas of sustainability, climate change and healthcare, and we’re proud to play a key role in helping scale these ideas.”
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The five finalists now compete for the grand prize during a live event on March 7th where they will pitch their ideas to a panel of judges that includes former Grand Prize Winner JamieBankhead, as well as guests in business and education. The grand final will be live-streamed on LinkedIn.
The top winner receives a whopping £10,000 Grand Prize, mentorship, a technology support package to help kickstart their business proposal, and a trip to the One Young World 2024 Global Summit in Montréal, which brings together many of the brightest young leaders from over 190 countries and more than 250 organisations.
Each runner-up will receive £1,000 to fund their start-up business, a personalised development plan that focuses on key priorities, and access to a series of masterclasses overt he next yeart hat will pair the finalists with various industry experts.
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Judges forthe Grand Final include:
Your 2024 Young Entrepreneurs Challenge finalists are:
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Kolatat Phaiboonnukulkij (20) United Kingdom
Phytavaren Technology, a Prop tech startup in London, specialises in building thermal dynamicsR&D with passive design and developing eco-friendly building materials and other low-energy construction materials by integrating architectural solution design to address thermal regulation, carbon sequestration and structural integrity in construction. The Interlocking Semi-Calcite PassiveBrick (ISCPB), Phytavaren Technology’s flagship product, has been recognised by prestigious and global awards in innovation, sustainability, and real estate of a product that is making a significant impact on the industry transition. ISCPBis a sustainable construction material with eco-design integrated with thermal dynamics to use less electricity to regulate building temperature.
The ISCPB re-engineers common waste from the ocean as a sustainable construction material that can make the building temperature independent from the outside temperature. ISCPB helps consume less electricity by regulating the building temperature through its insulator properties. This enables the company to save more energy and makes the construction process faster, safer, and more eco-friendly. With thermal properties benefits, Phytavaren Technology is lowering the workload of the HVAC system and energy consumption in buildings through passive and eco-design to make the building energy efficiency more resilient.
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Devi Pathak (19) United Kingdom
Lung cancer accounts for over a fifth of cancer fatalities annually. With approximately 38,000new cases diagnosed annually, it is the leading cause of cancer-related deaths. This is due to ineffective screening processes and delayed symptom recognition associated with lung cancer detection. Devi’s solution, Pulmo Guard Pro Scan, is a novel breathalyser intended for both routine GP exams and high-risk individuals (e.g. smokers, exposure to environmental pollutants) to determine lung cancer susceptibility.
It analyses volatile organic chemicals and biomarkers in exhaled air, such asmiRNAs, isoprene orNNK, which are linked to lung cancer risk. Early detection is aided by the device’s rapid and non-invasive results. Due to Pulmo Guard Pro Scan’s user-friendly design, this facilitates widespread, seamless integration into standard GP procedures.Healthcare providers and patients can take proactive preventative steps that align with the evolving nature of personalised medicine. The Pulmo Guard device stands out by offering a distinctive solution that tackles the challenge of detecting lung cancer at an early stage and reducing NHS costs associated with lung cancer, which currently costs the UK economy £2.4 bn each year.
The relatively low production cost, its mobile nature and its ability to be re-used makes Pulmo Guard a device which is accessible to healthcare workers around the world, including doctors, and can be easily introduced into routine checkups. This will promote good health and well-being and reduce inequality as individuals from diverse socioeconomic backgrounds would have access to preventative care.
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Theodor Blomberg (23) United Kingdom
Introducing “The Swirl.” – one of the first truly bladeless hydro generators that harness the power of the
vortex effect, setting it apart fromconventional generators. Crafted fromrecycled plastics using 3D
printing technology, Swirl. operates withoutrotating blades. The innovative bladeless design of Swirl.
eliminates perpendicular obstacles for passing biomass, and its rotating systemfollows the water stream creating a safe passage for fish and other biomasses through the middle section, all while generating sustainable power.
Designed for easy assembly by a single person, Swirl requires no heavy machinery, featuring components compressed into flat packages for convenient transport. Swirl. is an ideal choice for individuals seeking a greener future through their own sustainable energy source -requiring only a small stream of water. The Swirl. is sustainable as it aims to support the commercialisation of clean energy sources for eco-conscious individuals or those in need of a green backup source. Furthermore, the product is made of recycled materials, aiming to support the current green shift and make green energy more accessible worldwide.
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Ethan Waisberg (23) United Kingdom
Eye disease screening programs worldwide are not performing well enough, which is causing millions around the world to go blind. From his research work with NASA astronauts, Ethan found a way to use Generative AI to allow the eyes of astronauts to be better monitored while in spaceflight, where limited imaging equipment exists.
Ethan is bringing this same technology to Earth withAngioGenius, an app where anyone can take a photo of their eye at home to help detect and monitor eye disease progression.
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Mariia Alipatova (24) Ukraine
Solar Optic is a hybrid sunlight system that utilises advanced optics and a sun-tracking mechanism to
provide natural illumination indoors. The system concentrates sunlight on the surface of the lens and the light beam is guided through a polymer optic cable. Similar to normal lamps, Solar Optic diffuses sunlight from cables inside the building.
Solar Optic does not convert heat into electricity like solar panels do, which is how the solution avoids losses of energy and achieves high-efficiency illumination inside the building. The Solar Optic system works together with artificial light, compensating for the missing light when there is not enough sun outside. High electricity prices and carbon taxes are forcing organisations to think about the implementation of sustainable solutions. Solar Optic technology has a potential application in various markets such as schools, warehouses and supermarkets.
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For more information on The Young Entrepreneurs Challenge click here!
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Unloc and Verizon Business have launched the annual Young Entrepreneurs Challenge for 2024. Now in its sixth year, the challenge is open to European entrepreneurs aged between 16-25 years old, who can submit their technology-led start-up business concept online.
The winner will receive £10,000 (€12,000*), mentorship and a technology package to launch their business. In addition, they will also receive a ticket to attend the Global One Young World 2024 Montréal Summit.
This annual European entrepreneurship competition for young people aims to encourage and attract the dynamic new business leaders of tomorrow.
“This year’s competition is gearing up to be our biggest and best yet, and we’re so excited to see the ideas of young people from across Europe as they tackle important global issues such as climate change, sustainability and the health sector” said Hayden Taylor, Managing Director of Unloc.
“Every year we’re so impressed with the business minds of young entrepreneurs, and this year there’s even more opportunity for entrants with a great idea that needs nurturing, as well as those with a more developed plan. Last year’s winner, Olivia Simpson, absolutely blew us away with her foresight and vision for a medical industry that’s conscious of the materials it uses, and her idea to replace single use plastics with compostable alternatives. We cannot wait to see what innovation young changemakers envision this year.”
“Every year the Young Entrepreneurs Challenge uncovers amazing young talent from across Europe and it is a privilege to be able help encourage and support tomorrow’s innovators” said Sanjiv Gossain, General Manager and Head of EMEA for Verizon Business. “It is inspiring and reassuring to see youthful and bright minds focus on building businesses that will tackle social, community and sustainability issues.”
To enter, entrants are asked to record a 60-90 second video, as well as completing an online application form outlining their business idea.
Applications will be judged based on their viability, technology innovation and sustainability.
Finalists will then compete head-to-head in a grand finale held in February 2024, pitching their business concept live to a panel of expert judges and invited guests representing both the worlds of business and education.
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Winner of the Young Entrepreneur Challenge 2022 – Olivia Simpson
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Last year’s winner was the inspirational 21 year old Olivia Simpson. Her start-up SymbioTex is developing single use plastics for the medical industry such as inhalers, COVID tests and pregnancy tests that are home compostable. Currently these types of devices are made of non-renewable materials and at the end of their life go to landfill or incineration – creating harmful byproducts such as microplastics.
Olivia aims to licence their technology to current medical device manufacturers, something that would transform the medical sector and its sustainability. Symbiotex are now working closely with the NHS and making great strides, a true testimony of the young talent that the Young Entrepreneurs Challenge helps discover.
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Olivia has some advice for anyone thinking of applying: “I’d urge anyone who is considering entering to not just consider. Apply! Being in the final was a huge opportunity for us and our concept. The Unloc team were incredibly supportive, both in the run up to the day and on the day itself. All the Unloc staff went above and beyond and were incredibly friendly and supportive, they made me feel really prepared. Never have I felt so empowered at a competition by the other finalists and the staff – it really was a great day. My top tip would be to get your passion across. You never know the next winner could be you.”
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For more information on the Young Entrepreneurs Challenge click here!
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About – Unloc
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Unloc was founded in 2013 by award-winning young leaders Hayden Taylor and Ben Dowling. The organisation’s mission is to empower young people to be innovative changemakers who seek to build stronger communities and sustainable businesses. The organisation is focused on developing young people’s skills, enhancing their potential and boosting their determination to succeed. Unloc works towards achieving its mission by delivering inspiring educational programmes, including on entrepreneurship and self-employment, in our network of 100+ schools and colleges in the UK and beyond.
To find out more about Unloc and all our latest news visit: unloc.org.uk/news
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About Verizon
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Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
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For more information on the Young Entrepreneurs Challenge click here!
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Leading cybersecurity networks organisation Palo Alto Networks are the lastest organisation to become members of our growing Unloc Changemaker Alliance, an initiative dedicated to levelling the playing field for young people and providing them with the skills, training and opportunities which help young people from deprived communities into a better future.
Palo Alto will be in good company, joining existing Alliance members who are business leaders in education, fashion, communications, and manufacture, original founders Unloc, Burberry, Verizon Business, and GRP Solutions.
Opportunity is not meeting talent when it comes to underrepresented communities in the workplace, and young people are not being given opportunities to forge a path and have their voices heard. Working together within the Unloc Changemaker Alliance these organisations are creating a positive and dynamic impact on the lives of young people in society, evening the playing field for those from disadvantaged backgrounds, and developing their skills and potential as future employees.
Through the Alliance partnership they work with schools, colleges and young people to develop the skills and career pathways that have a tangible impact on young minds and future aspirations.
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Palo Alto Networks have long been recognised in the cybersecurity industry as one of the world’s leaders, providing next-generation security to a global customer base across all sectors of industry. Whether deploying their products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, the organisation are committed to helping ensure the cyber safety of their customers.
This collective of forward-thinking businesses all possess a commitment to developing the potential of young people, and ensuring they have access to the skills, the knowledge, support and guidance to excel in their futures, creating positive impact on the employability and trailblazing the way for their peers.
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Patricia Murphy, Palo Alto’s Vice President for EMEA & LATAM Ecosystems said:
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“Our corporate responsibilities here at Palo Alto Networks play a critical role in achieving our vision of a world where each day is safer and more secure than the one before. We understand the important role our sustainability strategy plays in helping to advance our industry and uplift communities through investment in causes that align employee interests and community needs. I’m thrilled that we have partnered with Unloc and Verizon on this very worthy and exciting initiative.”
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Hayden Taylor, Unloc’s Managing Director said:
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“We could not be happier to welcome Palo Alto Networks to the Unloc Changemakers Alliance, joining us and our inspiring partners Verizon, Burberry and GRP Solutions in a growing network of forward thinking and proactive businesses investing in the potential of young people. Today’s school and college students are tomorrow’s young workforce, and our alliance allows us to deliver programmes and support to disadvantaged young people around the country, improving their skills, driving their ambition, and broadening their career potential.”
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Sanjiv Gossain, Verizon’s Head of EMEA said:
“As a founding member, Verizon is excited to welcome our partners at Palo Alto Networks to this impactful initiative. Palo Alto is a great addition to the Unloc Changemaker Alliance, and their partnership will be pivotal in building a community that stimulates equal opportunities and inclusive hiring for today’s youth. We look forward to working with Palo Alto and the other members of the Changemaker Alliance to continue cultivating success for the next generation of diverse industry leaders.”
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With other industry leaders currently in talks to join the growing Unloc Changemaker Alliance, the future looks bright both for the initiative and its impact – but most importantly for the young people and the lives and economy that will benefit from this vital investment in the futures of young people.
For more information about the Unloc Changemaker Alliance, or to watch our short video about this exciting new union of businesses simply visit: unloc.org.uk/alliance
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Notes for Journalists
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About Unloc & Changemaker Studios
Unloc was founded in 2013 by award-winning young leaders Hayden Taylor and Ben Dowling. The organisation’s mission is to empower young people to be innovative changemakers who seek to build stronger communities and sustainable businesses.
The organisation is focused on developing young people’s skills, enhancing their potential and boosting their determination to succeed. Unloc works towards achieving its mission by delivering inspiring educational programmes, including on entrepreneurship and self-employment, in our network of 100+ schools and colleges in the UK and beyond.
To find out more about Unloc and all our latest news visit: unloc.org.uk/news
Get the latest from Unloc with our Digital Update. Click here to subscribe!
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About Palo Alto Networks
Palo Alto Networks is the world’s cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we’re committed to helping ensure each day is safer than the one before. It’s what makes us the cybersecurity partner of choice.
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About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news.
News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
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About Burberry
● Burberry is a global luxury brand headquartered in London, UK.
● Founded in 1856, Burberry is listed on the London Stock Exchange (BRBY.L) and is a constituent of the FTSE 100 index.
● BURBERRY, the Equestrian Knight Device, the Burberry Check and the Thomas Burberry Monogram and Print are trademarks belonging to Burberry.
● For more news: www.burberryplc.com
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About GRP Solutions LTD
GRP Solutions Ltd is the UK’s leading provider to the Glass reinforced plastics industry. A highly experienced team of composite experts, dedicated to setting the standard in composite distribution. Working with world class suppliers the company prides itself in offering the very best solutions and service to customers.
Growing from strength to strength, GRP Solutions provides customers across every sector of the UK with the most comprehensive range of composite solutions and services.
Further information can be found at: www.grp-solutions.com
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This past year has been by far our biggest and most impactful yet! We’ve worked relentlessly to grow the reach of our programmes and deepen their impact, whilst developing our ability to influence education, government and businesses to invest in young people as changemakers.
As part of this, we’ve doubled down on our belief that every young person can be a changemaker, you just have to find the lens or opportunity that most resonates for them. It could be through the career they choose, the business they set up, the difference they make in their community, or even simply through their presence in school, college or the workplace.
Our annual Impact Report provides an overarching view of the past 12 months for Unloc, celebrates our 10 year anniversary, and takes an inside look at some of the many programmes, courses and events we’ve delivered this year in over 200 schools and colleges across the UK.
It provides insight to our Europe wide Young Entrepreneurs Challenge, our partnerships with leading non-for-profits and charities, as well as the focused work to create a generation of young changemakers with our amazing Changemaker Alliance partners Verizon Business, Burberry, and GRP Solutions Ltd. Most importantly we hear real lived-experiences from the young people themselves in their own words.
Don’t worry though, at Unloc – we don’t ‘do dull’, our report is a vibrant visual collective of experiences and moments from the past 12 months that we want to share with you. Click below to download it now.
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. Unloc and Verizon Business have launched The Young Entrepreneurs Challenge for 2025, an annual event that seeks to identify the best young talent across
Help us celebrate the launch of a new rap track and music video created by young people as a united stand against knife crime, drugs, gang culture & youth violence.
The General Election is over, after an intense period, what did we learn from young people in the run-up to the election?
We’re thrilled to reveal that we and Verizon Business won two awards at The Better Society Awards 2024!
. Unloc and Verizon Business have launched The Young Entrepreneurs Challenge for 2025, an annual event that seeks to identify the best young talent across
Help us celebrate the launch of a new rap track and music video created by young people as a united stand against knife crime, drugs, gang culture & youth violence.
The General Election is over, after an intense period, what did we learn from young people in the run-up to the election?
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