The cash, available through Startup Direct, a partner of the Government’s Start Up Loans scheme (launched by the Prime Minister David Cameron pictured), will help make the dreams of the capital’s budding entrepreneurs a reality in 2015.
Based in the heart of Tech City, Startup Direct has seen strong interest from technology start ups in particular over the last twelve months and anticipates that this sector will account for at least 30 per cent of new businesses funded this year.
Whilst unemployment is coining down across there UK, Youth unemployment is still one of the biggest issues this country is facing. Excluding those in full time education, the latest parliamentary statistics show 628,000 young people were registered as unemployed.
Lack of paid employment and experience has led many young people to consider going into business for themselves, so a recent poll asked 500 16-21 year olds their thoughts on becoming a youth entrepreneur.
Mike Maher submits:Shareholders in Mentor Graphics (MENT) owe Carl Icahn a very big thank you. After buying a 14% stake in Mentor over the last year, Mr. Icahn announced a $1.9 billion dollar, or $17 a share, cash offer for the company yesterday.
Tony Hsieh talks about his Internet juggernaut Zappos in the same way that urban planners talk about cities. In fact, the language is uncanny. He believes the best ideas – and the best form of productivity – come from "collisions," from employees caroming ideas off one another in the serendipity of constant casual contact.
New Gallup surveys in 83 countries indicate that adults who have access to a mentor are three times more likely to say they are planning to start a business than those who do not have a mentor, according to Gallup researchers Sangeeta Badal and Rajesh Srinivasan.