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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. <

Employer tags:
Industry:
Venture Capital
Social Enterprise
Esc Factor:
Entrepreneurial
Exciting Brand
Social Impact
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The Start-Up Loans Company

http://www.startuploans.co.uk

London, United Kingdom

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About us

The Start Up Loans Company is a government funded initiative that provides start up support in the form of a repayable loan together with a business mentor for entrepreneurs across England and Northern Ireland.

Lord Young, Godfather of the scheme, identified that if entrepreneurialism was as entrenched into the British mentality as it is in the United States, we would potentially have 900,000 more jobs across our country. With high youth unemployment, and the job market in a tough position, self-employment is being seriously considered as a viable career path.
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Our Story So Far

In May 2012, Lord Young approached James Caan to take on the role of Chairman of The Start Up Loans Company.

Since then, we have grown to a team of around 20 full-time employees, managing everything from strategic decisions to financial management, through to communications and everything in between.

So far our success speaks for itself. By the end of the pilot period in March 2013, The Start Up Loans Company had exceeded all expectations, finishing under budget yet over target. Securing further funding from Government indicated both the appetite for entrepreneurship amongst 18-30 year olds, and the feasibility of the scheme.
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