The Jolomo PSYBT Awards is the result of a unique partnership between the Prince’s Scottish Youth Business Trust (PSYBT) and John Lowrie Morrison - Jolomo - one of Scotland’s best loved contemporary artists.

Throughout 2008 and 2009, with the help of a generous donation of £10,000 from John Lowrie Morrison, the awards will support approximately 8 young entrepreneurs in the arts and creative industries through PSYBT start-up grants of up to £1000 as well as loans of up to £5000. Eligible candidates will include everything from fine arts such as sculpting to handicrafts like quilting, through to decorative arts including wood crafting and glass blowing, and applied arts such as graphic design and film making.

Every two years, the award scheme will recognise the special achievements of three young businesses under themes including distance travelled/personal development, commercial awareness/business skills and innovation/creativity. Winners will be selected jointly by PSYBT and Jolomo and will receive prizes of £500 as well as special promotional opportunities and inclusion on Jolomo’s website.

More information on the awards which will take place in October this year and qualifying criteria can be found on the website, www.psybt.org.uk or by contacting Rebecca Logan on 0141 243 5363.