Therese is encouraging individuals who have thought about setting up in business to apply for a Government backed start-up loan. Her call comes as new figures reveal that 23 local people in Suffolk Coastal have already been helped by the scheme – enabling them to provide growth and jobs for hardworking people.
Therese said: "The Government start-up loan scheme helps turn the dream of setting up your own business into reality. I'm pleased that 23 local people have now taken advantage of the scheme providing just under £100k of capital. I urge anyone who is thinking of setting up in business to take a look at the scheme, which provides loans at a 6% interest rate and a mentor."
Across the country, 25,000 Start-Up Loans have now been awarded, worth a total of nearly £130 million and generating more than 32,000 new jobs. For more information see - www.startuploans.co.uk