Home Boost Business Lancashire logo

North West start-ups access over £1m with help from Enterprise4All

e4a_story 2

Enterprise4All (North West) Ltd, a business support agency in Lancashire, has hit a major milestone in helping over 150 new businesses secure over £1M loan funding with investment through the government-backed Start Up Loans scheme.

"We see the Start Up Loans programme as a great addition to our existing portfolio of services," said Enterprise4Alls Chief Executive Rafik Adam. "Many of the businesses we supported through this scheme have gone on to expand and we are continuing to support them through our other programmes as they develop and grow.”

Financing can be a major issue in the life of any small or medium sized business now, and that's a big problem for the UK economy, hence there have been a huge amount of applications for the scheme and we’ve expanded our team to cope with the demand.

Rafik added "It’s been very difficult for start-up businesses to access funding in recent years but these companies are vital to the local economy and we’ve been able to support these businesses through the entire application process to then providing on-going mentoring, all free-of-charge.

"We are really pleased that we have been able to support so many start-ups in the last 18 months, most of which would not exist without this source of funding, we are proud to have helped 150 individuals to start and grow their business.

This is just a snapshot of the success of the scheme.” In addition to Start Up Loans, Enterprise4All deliver start-up support to new Lancashire businesses through Boost's Lancashire LEAP programme. 

Lancashire LEAP can offer a new business a wide variety of free, specialised support to get it off the ground. Support includes coaching, international trade, HR, finance and mentoring support. To apply for support, complete our online form or call 0800 488 0057.

Share

You may also like...

Boost launches new Investment Academy to help prepare Lancashire businesses for equity investment Investment Academy   web image
24th May 2024
 | 
News
Boost launches new Investment Academy to help prepare Lancashire businesses for equity investment
Boost’s Access to Finance service has launched a new Investment Academy designed to help businesses better understand how to secure equity investment.
Lancashire outperforms other North West regions in scaleup potential The State of Growth in Lancashire
23rd May 2024
 | 
News
Lancashire outperforms other North West regions in scaleup potential
Fifteen per cent of Lancashire businesses are forecast to grow by over 20 per cent in the next year, significantly higher than the UK average of 13.1 per cent, according to a new report from national business growth specialist The Growth Company.

Sign up to our newsletter

For insights and events to help your business thrive.

Please note if you do not agree to us sharing your information we will be unable to offer you full assistance under the scheme.
Funded by local govmt
Levelling Up
Department for Trade and Business
Northern Powerhouse
Lancashire County Council

The website uses cookies.

Some are used for statistical purposes and others are set up by third party services. By clicking 'Accept all & close', you accept the use of cookies. For more information on how we use and manage cookies, please read our Cookie Policy.