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Blog > Supporting Entrepreneurs in Birmingham

October 13, 2014

We are delighted to be working with Birmingham City Council in supporting entrepreneurs through a new Start Up Loan Programme

Birmingham City Council is an official Delivery Partner for The Start Up Loan Company, funded by the Department for Business Innovation and Skills, to kick-start enterprise.

The initiative is being championed by James Caan, business entrepreneur and former Dragon’s Den investor, and has been backed by Prime Minister David Cameron.

This is a low-cost, unsecured loan available to business entrepreneurs in Birmingham, with invaluable access to quality business mentors and exclusive business products from Corporate Partners including Regus and Intuit.

Loans of up to £7,500 are available and this funding is open to all business sectors.

Please note: loans requested should be the minimum necessary.

The package enables individuals to prepare a business plan to assess their suitability to take on loan finance and their ability to repay the loan with interest. Mentoring support will be provided to ensure clients continue to develop their business and have the best possible chance at success. Where necessary, specific advice will be provided to overcome barriers to growth.

Programme eligibility

  • Do you have a viable, sustainable business idea and are thinking about starting your own business?

or

  • Are you already in business but trading for less than 12 months?

 

Range of support on offer:

  • Pre-start up
  • Start up
  • Loan Fund
  • Post-start up

The programme runs until March 2015.

If you are interested in this opportunity, email startuploans@20degrees.co.uk

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