THERE was good news today for young people who in the current economic climate are often among the ones who find it toughest to get started, particularly in their own business.

It is not that the next generation is short on ideas. Anything but.

Young people have certainly got the dynamism, passion and flair to come up with new business ideas.

It’s having the skills and the finance to put those ideas into practice that are hard to come by. Until now.

A pioneering school designed to help teenagers set up their own businesses has opened in Huddersfield.

Kirklees Youth Enterprise Centre could be the first of its kind in the country. It aims to offer teenagers with convincing business plans start-up money to get their businesses off the ground.

There will be mentors as well as talks and workshops to give youngsters a grounding in how to run a business. It is an idea that could give a whole new generation of budding young entrepreneurs a fighting chance of starting a new venture in what are tough times.

Theirs is a generation with much to give and the current business generation will surely be keen to share its expertise. Fresh energy and ideas can only benefit the economy in the long-term.