Business Loans For Young Entrepreneurs

YoungEntrepreneursIn a recent blog we discussed how age is no barrier to starting a business with entrepreneurs in their teens up to the nineties starting businesses. The government has obviously been listening, well in part, as the prime minister, David Cameron, is believed to be looking at funding young people looking to set up in business using a student loan style scheme. The idea was first proposed by Sir Richard Branson as part of the Virgin Media Pioneers Control Shift campaign.

When asked about helping young entrepreneurs at a recent 'PM Direct' event David Cameron said, "There's a very good idea in there that Richard Branson has come up with and others have been looking at, which is that, okay, we are providing loans for students to go to university - why not look at something similar for people who have got a great business idea and want to get on and start that business? I think this is a brilliant idea and we are looking very closely at it. We might be announcing something like this later on."

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