Help with funding for Unemployed wanting to start New Business
Comments
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i am in worcestershire and would like help and advice on a business on the internet if anyone can help?:footie:0
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Red Devil this thread is yonks old.
I don't think there are funds in Worcestershire or anywhere else - I tried when I set up 2 years ago and got zip.
If you are 18-25 you maybe can get help from the Princes Trust but if you are older than that then forget it, do what the rest of us have had to do and get some sub contract work to keep the business ticking over.
You could check with Business Link but doubt very much that they will have anything.
You could always have a chat with a business advisor at the Hereford & Worcester Chamber of Commerce - they give free advice nor do they steal your idea which is what you were worried about on another thread.0 -
It may be a silly suggestion - but have you asked your banks business advisor? It isn't a deal of money, and if you have been solvent and responsible in the past they may be willing to consider an application as it is a small risk to them? After all, the worst they can do is say no.0
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It may be a silly suggestion - but have you asked your banks business advisor? It isn't a deal of money, and if you have been solvent and responsible in the past they may be willing to consider an application as it is a small risk to them? After all, the worst they can do is say no.
!! Original Post Feb 2009.;)0 -
A quick/random Google and I found this:
http://www.ukbusinessgrants.org/qa/qa.php?id=National-UK-Government-Grants-Database0 -
Thanks. I dont think it matters how old the thread is. I wanted to bring it back again instead of starting a new one.:footie:0
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New Enterprise Allowance (NEA)
On 5 October the Secretary of State for Work and Pensions announced that the Government will give extra help to unemployed people who want to start their own business, through the New Enterprise Allowance (NEA).
NEA will be available to Jobseekers Allowance (JSA) customers who have been claiming for 26-weeks or more.
Participants will get access to a volunteer business mentor who will provide guidance and support as they develop their business plan and through the early months of trading. Once a customer can demonstrate they have a viable business proposition with the potential for growth in the future, they will be able to access financial support. This will consist of:- a weekly allowance worth £1,274 over 26 weeks, paid at £65 a week for the first 13 weeks and £33 a week for a further 13 weeks, and
- if they need start-up capital, they may also be able to access a loan up to £1,000 to help with their start-up costs.
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Depending on where you are it would be worth looking at local not for profit organisations. In Southampton there is one called West Itchen Community Trust which owns various properties and the rental income goes towards providing coaching etc for people within particular postcode areas of the city in starting businesses etc.
Speak to your local Business Link.0
I didn't notice the date! 
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