Wednesday, September 15, 2021

Start Up Loans

£600 million has been provided under the Start Up Loans scheme to businesses outside London, creating jobs across the country and levelling up as we build back better.

  • While talent is evenly spread across the country, opportunity is not, and without access to funding it is harder to unlock the entrepreneurial spirit that makes this country great. 
  • That is why, through our Start Up Loans scheme, the government have now provided £600 million in loans to businesses outside London – giving aspiring business owners up to £25,000 each to launch their business, that they may otherwise have struggled to get from a commercial lender. 
  • This will help a diverse range of entrepreneurs across the UK to get their businesses off the ground, create more jobs – supporting talent and levelling up the entire country.

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