£10,000 loan available for Thame entrepreneurs to get started

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Young people in Thame wanting to start a business are being encouraged to apply for loans of up to £10,000 from a new fund supporting start-ups with cash and mentoring.

The programme is backed by entrepreneur and former Dragons’ Den panelist James Caan and the Government is providing £112 million in funding.

The Start-Up Loans scheme is being delivered by a number of companies and the Prince’s Trust charity.

Applicants must be under 30 and apply through one of the delivery partners, who will interview and mentor hopefuls, as well as approve loans.

Mr Caan, chairman of the Start-Up Loans Company, said: “To be an entrepreneur is more than having a job.

“It gives you the freedom to make your own mark, in the way in which you choose, and create your own path to success.

“It can be challenging, and exceptionally hard work, but the rewards are immeasurable.”

One of the companies involved is Printing.com, which is run by Tony Rafferty.

He said: “Our main focus will be to help young entrepreneurs from the graphic arts sector including graphic and web designers.

“But we want to hear from young entrepreneurs from other sectors too.”

To find out more about the scheme go to www.startuploans.co.uk