Start up loans

The government's Start Up Loan Scheme has today passed a milestone helping 75,000 small businesses and entrepreneurs to set up, create jobs and boost the economy since its introduction in 2012.

  • Through the time of the Start Up Loan Scheme, government has provided more than £623 million of investment and support to tens of thousands of small businesses who might otherwise have struggled to access it, making a real difference to aspiring business owners and driving investment into the regions. 
     
  • Since it was established in 2012, the scheme has helped thousands of people; with one in five loan recipients coming from BAME backgrounds, two in five loan recipients are women while one in three were unemployed when they applied for the loan, reflecting the diversity of Britain’s start up community. 
     
  • Small businesses up and down the country are the backbone of our economy, and as we rebuild Britain in the months ahead, we will continue to support our entrepreneurs, innovators and doers in every region and sector of the UK.

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