Justin Tomlinson MP has welcomed new figures that show the Government’s Start-Up Loans Scheme has helped ten entrepreneurs in Swindon set up their own business.
Across the country 10,000 Start-Up Loans have now been awarded, worth a total of £50 million. Of these 10,000 Start-Up companies, they have gone on to employ a further 10,000 people further boosting the growing economy.
Justin Tomlinson MP, a Small Business Ambassador for the Conservative Party commented: "Because of the financial crisis we inherited, people who want to set up a new business have often found it hard to get a loan. This has prevented people with ideas and aspiration from putting their business plans into action. Today’s figures show that Start-Up Loans are changing that - here in Swindon £57,900 has been lent to 10 budding entrepreneurs. This will ensure that all their potential and ideas don’t go to waste. As a former small business owner myself, I know firsthand how new businesses are the lifeblood of a healthy economy, helping to create jobs and growth. That’s why we will keep supporting hardworking people who aspire to start their own businesses. I will continue to do all I can to champion and encourage new entrepreneurs right here in Swindon".
