Empowering The Next Generation of Young London Business Founders with Support from London Freemasons
A generous £10,0000 grant from London Freemasons will support Launch IT's flagship hub in Edmonton, Angel Yard, by funding the vital role of a dedicated Enterprise Manager.
The Enterprise Manager is key to the hub’s success, managing day-to-day operations and serving as a consistent source of one-to-one guidance, mentorship, and practical support for young entrepreneurs. This role is instrumental in helping early-stage founders navigate the challenges of launching and growing their businesses, ensuring they have access to the advice, resources, and encouragement needed to succeed. The funding received is crucial in maintaining the high level of support that makes Angel Yard a thriving centre for youth enterprise.

The charity strategically establishes centres in areas where we can make the greatest local impact, creating hubs of entrepreneurial activity. Each centre is deeply embedded in the community, supported by local trustees who bring passion, expertise, and connections. These centres contribute to the local economy by generating jobs, fostering new businesses, and encouraging local spending.
Since inception, Launch IT has supported over 12,000 young people. In 2023, 88% of participants in our incubation programme achieved a positive outcome. All participants at the intensive level reported improved business skills, 75% credited the programme with helping develop key entrepreneurial competencies, and 69% experienced increased confidence. Launch It continues to refine its services to respond effectively to the needs of young entrepreneurs, building meaningful partnerships and lasting community impact. In a recent report for one of the Launch IT centres, the charity found that the total social value generated amounts to £6.75 per £1 donated.

Launch IT is a group of UK-based charities dedicated to empowering young entrepreneurs aged 18–30. Our mission is to empower the next generation of business founders from diverse backgrounds and underserved communities by providing affordable workspaces, tailored training, one-on-one mentoring, access to funding and other opportunities to meet both business and personal development needs. Launch It's core offering is a two-year incubation programme, guiding aspiring entrepreneurs through every stage of starting and growing their own ventures.
In total, over 12,000 of the young people we have worked with have gone on to start a business.

Pat Shelley, CEO, Launch IT said: “We’re incredibly grateful to London Freemasons for their generous support. This funding ensures that the young founders we support at Angel Yard continue to receive dedicated expert guidance and hands-on support as they build and grow their businesses. With this backing, we can keep empowering the next generation of entrepreneurs to break barriers and succeed.”
Paul King, London Freemasons said: “The work that Launch IT is doing to support business founders and entrepreneurs within our community is fantastic and we are really excited to be able to support their work. The level of social value and the gains made from every pound donated are impressive”
