If you’re aged between 18 and 30 and you’re thinking of going into business you should take a look at Start-Up Loans , a government backed scheme to fund and mentor young entrepreneurs.
Chaired by James Caan, the former star of the BBC TV show Dragon’s Den the scheme offers loans (the average loan is about £2,500) and mentoring to would-be entrepreneurs. Strangely, the scheme is only available to start up businesses where the owner(s) live in England.
I came across the scheme last week when I was reading the Gateway , a business and careers newspaper for students.
The article mentioned
60% of all private sector jobs and 50% of public sector output is provided by SMEs. The creation of new small businesses is vital to Britain’s financial health and job creation……
What a shame that last week’s Budget didn’t reflect this