New company pledges more support to help ex-service personnel start up in business

Discussion in 'Finance, Property, Law' started by Good CO, Jul 17, 2013.

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  1. Good CO

    Good CO LE Admin

    I've been asked to post this by X-Forces:

     
  2. Excellent news.

    I did some work for Start Up Loans (Operator of the funding) as a voluntary student ambassador explaining how the system works to students who were interested in setting up a business.

    Essentially, the sooner people apply for funds, the better, as its only a finite pot and its unclear whether more funds are going to be made available after all this funding has been used/businesses set up. The age limits are being removed this summer, as it was originally 18-25, then 18-30 only. So, likely that number of applicants will rapidly increase over summer.

    Target was 15,000 new businesses set up by 2015, with 5000 set up so far. So far, seems to be working pretty well.

    Main site:
    Start Up Loans - Start-Up Co