From hobby business to supplying musicians all over the world for 23 yr old entrepreneur Stephen Henderson’s business journey began at 16 when he discovered the cajon (a traditional percussion instrument) at a party. The keen… Continue reading
Tag: Young people
Money, mentoring and mission
A fitness fanatic achieves his business dream thanks to a Start-Up Loan Continue reading
CDFIs help Start-Up Loans exceed expectations
2,000 young entrepreneurs have now had their business dreams backed through the Start-Up Loans programme, and community finance providers are playing a key role. The Start-Up Loans Company, which administers the scheme and is chaired by Dragon’s Den entrepreneur James Caan, has helped to start 1,000 new businesses in the last month alone.
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Strong Growth in new businesses
The GDP figures today showing a decline of 0.3% may not inspire confidence in recent performance or assurances about the future, however as well as the good news concerning rising employment there is a surge in entrepreneurial activity bubbling beneath the surface. Continue reading
CDFIs join expanded Start-Up Loans scheme to create the next generation of entrepreneurs
A consortium of community finance providers has received up to £1.3million to give the next generation of entrepreneurs finance and support to start their own business, , through the Start-Up Loans programme. The consortium is led by the Community development Finance Association (CDFA) with a group of its members delivering business support, mentoring and loans to young entrepreneurs across England. Continue reading
£30 million boost for young entrepreneurs as Start-Up Loans Scheme expanded
Over £110 million now available and age range increased from 24 to 30 to meet demand and help more new businesses get affordable finance Continue reading
One in four 18-24 year olds likely to seek a payday loan
The number of British adults who say they are likely to seek a payday loan in the next six months has risen from 3.5 million individuals to 5 million since this time last year, with 26% of the 18-24 age group likely to do so. Continue reading
As Startup Loans are Go!, CDFIs can help – and can Make Business Your Business
CDFA’s chief executive Ben Hughes today welcomed a new package of loan finance and mentoring for young people wanting to start their own businesses – and said community finance providers are logical delivery partners for the scheme.
And CDFIs feature within a new report on supporting start-up and small business development by the Prime Minister’s enterprise adviser, Lord Young, which was launched today. Continue reading