– James Caan, Chairman of the Start-Up loan scheme
There has been a major shift in the way business is viewed by the public, and entrepreneurs are now seen as creative and exciting role models; and I am delighted to see that more and more young people are now looking to set up their own business.
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.
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.
Thousands more young people could benefit from government loans which aim to turn their business ideas into reality. The 'Start-Up loans scheme' is being boosted by £30 million to £110 million over three years.