Jobs: Young entrepreneurs can get money to start their own businesses - Local News

Sponsored by

Jobs: Young entrepreneurs can get money to start their own businesses

james caan

Published on 15/02/2013 18:00

A £112 million government scheme to help young people start their own business has supported its 1,000th young entrepreneur.

The Start-Up Loans initiative saw 500 businesses receive cash and free mentoring in the last five months of 2012 and another 500 in the first five weeks of 2013.

Entrepreneur James Caan, chairman of Start-Up Loans said the figures show people have the passion to be entrepreneurs, but just need a helping hand.

He added: “The fact these young people are creating employment brings me enormous satisfaction. If each of the business we start creates two or three jobs that will be a hundred thousand jobs created by this initiative alone.”

“We still have big challenges ahead. We have to raise awareness of Start-Up Loans throughout all of England so every young person knows about this programme. We have to make sure every young person realises the help and support we offer means they can turn their ideas into an income.”

Business Minister Michael Fallon said: “Start up Loans is going from strength to strength. The UK has a proud history of innovation and enterprise and this scheme is helping to unleash that entrepreneurial streak for the next generation.

“But we are in a competitive world and there is still more to do. I want as many 18-30 year olds to benefit from Start Up Loans as possible - we need this momentum to be just the tip of the iceberg.”

Applications have also more than doubled in the last month, from 3,000 to more than 8,300 in January, the current target of backing, with funding and mentoring, over 100 businesses a week is well in hand.

The programme is available to anyone between the age of 18 and 30 whose business is in England. A low cost loan and free first class mentoring means anyone with a great idea and the passion to make it work can now start their business.

To learn more about Start-Up Loans or to register to apply for a loan visit: www.startuploans.co.uk

News

Looking for...

Featured advertisers

Jobs

Search for a job

Motors

Search for a car

Make Model Price from Price to

Property

Search for a house

Buy Rent

Bedrooms Price from Price from Price to Price to

What is a Cookie?
What is a Flash Cookie?
Can I opt out of receiving Cookies?
About our Cookies

Cookies are small data files which are sent to your browser (Internet Explorer, Firefox, Chrome etc) from a website you visit. They are stored on your electronic device.
This is a type of cookie which is collected by Adobe Flash media player (it is also called a Local Shared Object) - a piece of software you may already have on your electronic device to help you watch online videos and listen to podcasts.
Yes there are a number of options available, you can set your browser either to reject all cookies, to allow only "trusted" sites to set them, or to only accept them from the site you are currently on.

However, please note - if you block/delete all cookies, some features of our websites, such as remembering your login details, or the site branding for your local newspaper may not function as a result.
The types of cookies we, our ad network and technology partners use are listed below:
- Revenue Science ►
  
  A tool used by some of our advertisers to target adverts to you based on pages you have visited in the past. To opt out of this type of targeting you can visit the 'Your Online Choices' website by clicking here.
- Google Ads ►
  
  Our sites contain advertising from Google; these use cookies to ensure you get adverts relevant to you. You can tailor the type of ads you receive by visiting here or to opt out of this type of targeting you can visit the 'Your Online Choices' website by clicking here.
- Webtrends / Google Analytics ►
  
  This is used to help us identify unique visitors to our websites. This data is anonymous and we cannot use this to uniquely identify individuals and their usage of the sites.
- Dart for Publishers ►
  
  This comes from our ad serving technology and is used to track how many times you have seen a particular ad on our sites, so that you don't just see one advert but an even spread. This information is not used by us for any other type of audience recording or monitoring.
- ComScore ►
  
  ComScore monitor and externally verify our site traffic data for use within the advertising industry. Any data collected is anonymous statistical data and cannot be traced back to an individual.
- Local Targeting ►
  
  Our Classified websites (Photos, Motors, Jobs and Property Today) use cookies to ensure you get the correct local newspaper branding and content when you visit them. These cookies store no personally identifiable information.
- Grapeshot ►
  
  We use Grapeshot as a contextual targeting technology, allowing us to create custom groups of stories outside out of our usual site navigation. Grapeshot stores the categories of story you have been exposed to. Their privacy policy and opt out option can be accessed here.
- Subscriptions Online ►
  
  Our partner for Newspaper subscriptions online stores data from the forms you complete in these to increase the usability of the site and enhance user experience.
- Add This ►
  
  Add This provides the social networking widget found in many of our pages. This widget gives you the tools to bookmark our websites, blog, share, tweet and email our content to a friend.
- 3rd Party Cookies ►
  
  We use Advertising agencies to provide us with some of the advertising on our websites. These include (but are not limited to) Specific Media, The Rubicon Project, AdJug, AdConion, Context Web. Please click on the provider name to visit their opt-out page.

Sponsored by
Jobs: Young entrepreneurs can get money to start their own businesses

Top stories

News