Loans For Young Entrepreneurs

A Hertfordshire entrepreneur has been talking to the government about loaning money to young people starting up a business

Zoe Jackson from St Albans took part in a Control Shift programme by Richard Branson's Virgin Media Pioneers

The report looked at how loans should be available in the same way they are to students going through University.

Mr Cameron has described the idea as “brilliant”.

Young people who decide to go into higher education can get loans of up to £9,000 a year to cover tuition fees and £7,675 for maintenance.

Interest charged on the borrowing is set at favourable rates, compared with those on offer commercially.

Zoe Jackson, founder of the Living the Dream performing arts company in St Albans told Heart a loan would have really helped her when she was setting up her business:

"It would have enabled me to expand, buy resources that I need, to hire more staff and get the job done quicker. i think it would have really helped me"

 

 


Recently Played Tracks

On Radio: John Darin

4pm - 7pm

Email the show

John Darin

On TV: Christmas Hits: Guess The Year

5pm - 6pm

Watch heart TV

  • S Club 7 Never Had A Dream Come True

    Now

    iTunes

  • Kelly Clarkson Underneath The Tree

    17:26

    iTunes

  • Michael Buble Baby It's Cold Outside

    17:20

    iTunes

  • Destiny's Child 8 Days Of Christmas

    17:07

    iTunes

Heart VIP

Local

Autumn Weather

Find your local four day weather report here.

Listening To Radio Win With Heart

Make Heart the soundtrack to your day and you could be a winner with great prizes up for grabs throughout the day.

Shopping Our Advertisers

Find out more about some of the companies advertising on Heart Watford & Hemel Hemstead.

Follow Heart on Twitter