– Chuka Umunna MP, Labour’s Shadow Business Secretary
With our economy flat-lining it’s essential that initiatives like the Start-Up loans scheme are delivered effectively if they are to provide real opportunities for our young entrepreneurs.
That’s why it was disappointing that figures released at the end of last year suggested delivery of this scheme, like so many others from this Government, was not living up to David Cameron’s rhetoric.
As Ed Miliband said in his New Year message, building a One Nation economy means supporting the small businesses and entrepreneurs that have been let down by this out of touch Tory-led Government.
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.