Gateshead College students win grant for new business venture

After preparing a business plan for their start-up company Skateshead they have won a £5,000 grant to fund their ambitions

Daniel Cantwell and Gary Binns
Daniel Cantwell and Gary Binns

Two North East students are turning their business dream into reality after completing Gateshead College’s new entrepreneurial initiative and securing the backing of a national charity supporting young entrepreneurs.

Nineteen-year-old Daniel Cantwell from Birtley and his friend Gary Binns, 20, from Newbottle, have both undertaken Talent Den, a scheme designed to equip students with the entrepreneurial skills, confidence and expertise needed to start-up a business.

Now, after preparing a business plan for their start-up company Skateshead and pitching the idea for a new North East skateboard competition to young people’s charity Live UnLtd, they have won a £5,000 grant to fund their ambitions.

The cash will be used to organise, promote and advertise the competition at Gateshead’s Dynamic Skatepark, in August, that will feature several events to showcase the talents and skills of the best young skateboarders in the North East.

The students finalised their plans following business coaching from well-known local entrepreneur, George Heydon.

Gary Binns, who along with Daniel Cantwell is studying an IT Level 2 BTEC NVQ at the college, said that the funding will pay for the competition, but any remaining cash will be reinvested for the future which might including setting up a small manufacturing company producing bespoke skateboarding gear.

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