We had our ‘15 minutes of fame’ yesterday when Sky News reporters came along to FIG HQ to interview members of the team and several of our start-ups for our views on the new government Start-Up loans scheme.
The new initiative, which is being rolled out this week, will allow young entrepreneurs aged between 18 and 24 with a “viable” business idea to apply for “affordable” loans of around £2,500 from the government to help kick start their company.
The aim of the £82m scheme, which includes training and mentoring, is to provide young people with an alternative route to employment and unleash a new wave of enterprise to support much-needed economic growth.
The interviews were included in Sky News’ coverage of the scheme shown on the news channel last night.
So, do we share the government’s enthusiasm for the scheme? Are the loans a step in the right direction? Watch the video below…