Chloe SmithMP for Norwich North
Chloe Smith
Chloe Smith, Member of Parliament for Norwich North and founder of Norwich For Jobs has welcomed new figures that show the Start-Up Loans Scheme has helped 469 entrepreneurs in the East of England set up their own business. Across the country 10,000 Start-Up Loans have now been awarded, worth a total of £50 million.
Chloe comments: “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.
“This week's figures show that Start-Up Loans are changing that - here in Norwich £137,650 has been lent to 32 budding entrepreneurs. This will ensure that all their potential and ideas don’t go to waste.
“New businesses are the lifeblood of a healthy economy, helping to create jobs and growth. That’s why I always support hardworking people who aspire to start their own businesses.
"Norwich For Jobs firmly supports young people going into work - whether a person can provide talent to a local firm or start out working for themselves."