Two Dragon’s Den winners, a former Hollywood stunt double and a PhD graduate turned toymaker are among 12 business owners announced today as Ambassadors for the Start Up Loans programme. The announcement comes as the programme celebrates its 10-year anniversary, having provided more than £900 million in loans since 2012.
The annual Start Up Loans Ambassadors programme, now in its seventh year, celebrates exceptional business owners who have followed their ambition of becoming their own boss after receiving support from the government-backed Start Up Loans programme.
Drawn from each of the UK’s 12 Nations and regions, the 2022 Start Up Loans Ambassadors reflect the broad diversity and ambition of the nation’s smaller business sector at a grass roots level. More details of the businesses selected from Northern Ireland, Wales, Scotland and England’s regions can be found further below.
This year the Start Up Loans programme celebrates its 10-year milestone. It was established as a £10 million pilot scheme by Lord Young in 2012, in the shadow of the financial crisis. His vision was to enable more young people to achieve their dream of setting up their own business, by offering affordable loans and expert advice to those who might otherwise struggle to access funding.
Since then, the programme has delivered more than 97,000 loans to business owners across the UK, amounting to more than £900 million of funding, while expanding to support entrepreneurs of all ages. 40% of loan recipients have been women and 21% people from minority ethnic backgrounds. 40% of recipients have been aged 18-30, reflecting the scheme’s continued support for the next generation of UK business owners.
Meet this years ambassadors
Laughing Llama Cafe and Bistro
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