Start-up business loans boosting UK growth

Bizspace supports the UK’s Start-Up Loans scheme, which has recently hit the impressive landmark of helping 2,000 businesses get off the ground.

The fund is administered by the Start-Up Loans Company, chaired by Dragon’s Den entrepreneur James Caan, and aims to encourage entrepreneurs to turn their business ideas into reality, thereby helping the UK’s economy to grow.

Budding entrepreneurs aged 18-30 can to apply to the scheme for a slice of the £117.5 million, which is on offer until 2015.  The Government has increased the pot from £82 million to cope with demand.

Helping young entrepreneurs

Prime Minister David Cameron said: “Start-Up Loans are now helping thousands of aspiring young entrepreneurs get the finance and support to strike out on their own and launch their own business. The success of this scheme shows that young people have got the ideas, the ambition and sheer commitment to get ahead – and it is by backing them, and backing their aspirations that we will be able to compete and thrive in the global race.”

The Chairman of Start-Up Loans, James Caan, added: “Whilst we are well ahead of our target numbers, I believe that we are only scratching the surface. 2,000 young, ambitious and highly motivated people have taken their future into their own hands. At the moment 40 people a day are choosing to start their own business thanks to Start-Up Loans.

Start as you mean to go on

Bizspace is committed to helping start-up businesses to thrive and we have a number of special offers to help newly-formed companies achieve all-important business growth. We have created some start-up resources to support you and work with partners to ensure that our customers are well looked after.

“At Bizspace we are passionate about helping new businesses to get off the ground and flourish,” Sales and Marketing Director Emma Long said.

“This is the second year we have been working with the Start-up Loans Company and are doing what we can to raise awareness to businesspeople of the future.”

Our services

Our wide range of business services include:

• Offices and studios
• Industrial units and workshops
• Meeting rooms
• Storage
• Virtual offices and
• Mailboxes

We have over 100 sites throughout the UK. Use our online search to find ones in the right location for your startup business.