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The Start-Up Loans Company

The Start-Up Loans Company

The Start-Up Loans Company

The Start-Up Loans Company is a private company funded by the UK Government to provide start up loans to 18 - 30 year olds across England. With over £112m to loan to young people, the company hopes to start over 30,000 businesses over the next three years. Chaired by serial entrepreneurs and former panellist on Dragons' Den James Caan, the company is based out of James' headoffice in Mayfair. <

Internship

Location:
London, United Kingdom

Posted:
18 Mar 2014

Deadline:
Opportunity has expired

Salary details:
London Living Wage - £8.80 per hour

Employer tags:
Industry:
Venture Capital
Social Enterprise
Esc Factor:
Entrepreneurial Work
Exciting Brand
Social Impact
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Mentoring Intern

3 month internship, submitting a real or fictional business plan to test the Start Up Loans application process & mentoring support

London, United Kingdom

Applicants are required to hold the relevant Visas/Work Permits

Salary details:
London Living Wage - £8.80 per hour

Job Type:
Internship
Level:
Entry Level
Escape Factors:
Entrepreneurial Work
Social Impact
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Working with the Mentoring Manager at Start Up Loans, this three month, full-time role is to test the support provided by Delivery Partners by submitting an application for a Start Up Loan and reporting on this experience. 

You will be supported through preparing your business plan (real or fictional) to a sufficient standard to pass an application for funding. Once the application has been submitted, you will report to the Mentoring Manager on the quality of supported offered by Delivery Partners to ensure that young entrepreneurs are receiving a quality service wherever they are. This is an excellent opportunity to learn how to improve your business plan whilst gaining experience in Start Up Loans which is itself a fast growing, small business.

The role will involve some travel while you go through the process of applying for the loan with a few Delivery Partners. You will not actually receive the loan, but to Delivery Partners it will seem as though you are an applicant for funding. You will attend workshops and peer-to-peer support groups designed for loan recipients that are run by delivery partners, with an aim of assessing the quality of the support that is offered. In addition to the application assessment, you will be responsible for tasks relating to monitoring the services provided by Delivery Partners and will get the opportunity to influence the reporting and quality control of mentoring across the programme.


Key Responsibilities

  • Presenting a business plan for a Start Up Loan via the telephone and in face-to-face meetings to test standards of service
  • Assessing and scoring business support including peer-to-peer events and workshops and questioning other attendees at these about their experience 
  • Writing up reports on assessment and keeping clear and accurate records of all conversations with Delivery Partners, applicants and loan recipients.
  • Collating data and reports to identify areas of concern or best practice
  • Providing support with various basic administration tasks.

 

Person Specification

Essential

  • Excellent attention to detail.
  • Organised with good time management skills.
  • Adept at working to tight deadlines.
  • Intermediate  MS Office skills, including Word, Excel and Powerpoint.
  • Confident self starter with excellent oral and written communication skills.
  • Ability to write clear, concise and well presented reports.
  • Ability to keep accurate records.
  • Willingness to travel

 

Desirable

  • Interest in the growing start-ups market, or have experience in running a business.
This opportunity has expired
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