Scott Mann has welcomed new figures that show the Government’s Start-Up Loans Scheme has helped 80 entrepreneurs in Cornwall set up their own business. Across the country 10,000 Start-Up Loans have now been awarded, worth a total of £50 million.
Because of the financial crisis we inherited, people who want to set up a new business have often found it hard to get a loan. This has prevented people with ideas and aspiration from putting their business plans into action.
Recent figures show that Start-Up Loans are changing that - here in Cornwall £350,650 has been lent to 80 budding entrepreneurs. This will ensure that all their potential and ideas don’t go to waste.
New businesses are the lifeblood of a healthy economy, helping to create jobs and growth. That’s why we will keep supporting hardworking people who aspire to start their own businesses.