51
PRO INSTALLER FEBRUARY 2015
PRO BUSINESS
@proinstaller1
Milestone for businesses
supported by Start Up Loans
The government’s Start
Up Loan scheme has hit
another milestone as
the 25,000th business
loan is approved, taking
the total amount lent
to new firms to nearly
£130m.
than 32,000 new jobs
have been generated as a
result of the scheme since
it was launched in 2012.
Prime Minister David
Cameron said:
“Small businesses are
the lifeblood of our economy and supporting them
to get off the ground and
create jobs and opportunities for hardworking
people is a key part of
our long-term economic
plan.”
The scheme provides
financial support and
mentoring to entrepreneurs
looking to set up their own
business.
According to the Start
Up Loan Company, more
James Caan CBE, chairman
of the Start Up Loans Company, sai