Start Up Loans passes £600m outside of London funding milestone
The British Business Bank’s Start Up Loans programme has passed a major milestone of £600 million worth of loans delivered outside of London, providing 68,559 loans to entrepreneurs outside of the capital since its launch in 2012.
4,883 and £41.8m lent to aspiring business owners in East Midlands
6,106 and £55.4m lent to aspiring business owners in East of England
4,875 and £42.5m lent to aspiring business owners in North East
10,881 and £94.2m lent to aspiring business owners in North West
1,356 and £11.0m lent to aspiring business owners in Northern Ireland
5,626 and £47m lent to aspiring business owners in Scotland
8,378 and £81.2m lent to aspiring business owners in the South East
7,487 and £66m lent to aspiring business owners in the South West
4,019 and £39m lent to aspiring business owners in Wales
7,264 and £63.6m lent to aspiring business owners in the West Midlands
7,497 and £68.7m lent to aspiring business owners in Yorkshire and The Humber
Read a success story about Melin Llynon
Restoration of Wales’ last working windmill sees sails turn again on Ynys Môn. Melin Llynon is restored to former glory following funding from Isle of Anglesey County Council and British Business Bank
Read a success story about BKW CrossFit
A group of four friends have joined forces to launch BKW CrossFit, a new community-based gym in East Bristol, with the help of a Start Up Loan from the British Business Bank.
Read a success story about Krapow Thai Restaurant
Phil enjoyed a 17-year career in the British Army. He met his Thai partner Chanisara seven years ago and that sparked their dream to open a restaurant together. Chanisara started serving her cuisine with a Thai food stall in the town’s central market and discovered that demand was high for her freshly made products. The Start Up Loan of £24,000 they secured via X-Forces Enterprise (XFE) was key to making their dream a reality.
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