Start-up loans bid passes £100m

The Start Up Loan scheme aims to distribute £151 million to support 30,000 new businesses by 2015.

The Start Up Loan scheme aims to distribute £151 million to support 30,000 new businesses by 2015.

David Cameron during his visit to a small business start-up, Seven Bro7hers brewery in Salford

First published in National News © by

The Government-backed Start Up Loan scheme has issued its 20,000th loan taking the total advanced to entrepreneurs under the programme to more than £100 million, David Cameron has announced.

Melissa Mailer-Yates of Stratford-upon-Avon received £6,000 to finance Shakepuss & Co which is developing animated characters aimed at introducing children to Shakespeare plays.

The Prime Minister, who embarks today on a regional tour of the North West, said: "As part of our long-term economic plan we are backing business and ensuring our budding entrepreneurs get the finance and support they need to kick-start and grow their businesses."

The Start Up Loan scheme aims to distribute £151 million to support 30,000 new businesses by 2015.

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5:38am Thu 31 Jul 14

HarryRosswell says...

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Thank you for that very informative post. Let me share a bit. We're all looking to save cash in these troubled times. Coupon cutting is one way to conserve cash on groceries and other products. But not every penny is worth the cost of earning it. TLC's reality show "Extreme Couponing" depicts an action that, for some, may become a dark obsession. Article source: Coupon clipping can help but it has a dark side HarryRosswell
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