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Great Opportunity for Young People to Start Their Own Businesses

Author: CBC Published: 19th June 2012 14:21

The Government's recently launched £82.5 million student-loan style initiative for young entrepreneurs in England is good news for rising stars like Ampthill resident Laura Moloney.

The 22 year old entrepreneur could soon be offering a unique breakfast service at the UK's biggest festivals thanks to a StartUp loan for entrepreneurs and support from Central Bedfordshire Council.

Laura plans to provide a unique breakfast service at large scale festivals and events which offers a wholesome range of breakfast foods that will be delivered to the client.

Laura is currently being supported by the Princes Trust who will be involved in the provision of the loan funds. She has already been matched with her Princes Trust Business Mentor who is working with her to develop the business plans and prepare her application for funding and who will stay with her for up to two years.

Additional business support is provided by the council which is committed to helping businesses survive through the early stages of their development and enabling them to become successful, through the Business Timebank.

Laura said: "I want to run my own business because I wanted to work for myself and be my own boss. I am very passionate about this idea and I know I can make it a success. I have proved I can work well in this environment - I've done it for the last three years and really enjoyed it."

Cllr Nigel YoungCllr Nigel YoungCllr Nigel Young, Executive Member for Sustainable Communities, Economic Development said: "This is a fantastic start for young people to realise their potential and provides a first step on the business ladder. We are keen to invest in our local talent and would encourage others like Laura to get in touch about Government StartUp loans and Business Timebank support from the council."

For more information on how to apply for a StartUp loan and join the Business Timebank, visit http://www.centralbedfordshire.gov.uk/local-business/business-information-and-advice/default.aspx or call the Business Support Team on 0300 300 6161 or email business@centralbedfordshire.gov.uk

The Government scheme which offers loans of up to £2,500 is available through The Princes Trust. The scheme is open to 18-24 years-olds who are planning to start up a business enterprise in England. Applicants will receive a start-up tool kit with business support and mentoring with more than £500 worth of offers on products, from business cards to websites, netbooks and work suits.

Business Timebank is operated by Central Bedfordshire Council and offers up to 2 hours of free time to talk through business ideas, issues or strategy with a range of local business service providers.

(image courtesy of CBC)

 

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