GREAT IDEAS + GREAT POTENTIAL = GREAT OPPORTUNITIES FOR YOUNG ENTREPRENEURS
Budding young entrepreneurs and bright ideas should be a recipe for success but getting a bank loan to start you off is often a stumbling block.
You’ve just finished your course or degree at any one of the Colleges or Universities in eastern England, you are confident your idea will work, but and it’s a big BUT, like most students you already have debts and a bank loan is not an option.
Step forward FOUNDATION EAST with a government backed scheme of START UP loans tailored for budding entrepreneurs aged between 18 and 24.
START UP loans offer the opportunity to obtain a loan of around £2,500 at an interest rate of 6% for a maximum of 5 years. The loan comes complete with a Business Mentor, who, at no cost will:
• Help you develop a business plan,
• Help you complete the loan application, and
• Help you develop your business
FOUNDATION EAST is a community finance institution which has successfully been helping start up and established businesses with funding and support since 2004. Therefore this new, exciting initiative fits in perfectly with the company’s current activities.
I believe this new scheme has great potential and provides a tremendous opportunity for young people in eastern England to kick start their own businesses and turn that great idea into reality.
So if you have that GREAT IDEA and want the help of an organisation with established expertise in providing loans and business support then don’t hesitate to contact our team;
For information on Foundation East’s other activities;
Steve Cook, Director