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David Cameron increases Start-Up Loan pot to £110m

Derek du Preez | Jan. 4, 2013
Prime Minister David Cameron has given the government’s Start-Up Loans scheme a £30 million boost today, which increases the total sum available to new businesses to £110 million over the next three years.

"It is only with this renewed focus on youth entrepreneurship, that we will create more jobs and wealth and see the economy flourish once again.

He added: "Start-Up Loans enable young people to harness their skills, and gives each budding entrepreneur not just a low interest loan, but also the help and support from an experienced mentor to guide them to success. I am proud to chair the Start-Up Loans Company, responsible for delivering this excellent initiative."

 

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