Join The Sir Thomas White Loan Charity for an event not to be missed for any young or aspiring business owner in Leicestershire.
Forming part of the 2018 Leicester Business Festival, the event – Challenges and Triumphs of Business Start-Up – takes place at Friars Mill from 9.30am on Wednesday 31 October 2018 and is completely FREE OF CHARGE to attend.
The three-hour long event is perfect for those aged between 18 and 34 who want to start, or have recently started, their own business.
Those in attendance will hear first-hand from young businesses who have experienced the challenges and triumphs of starting a business within Leicestershire, making the leap as a young person to become self-employed.
Leicestershire’s The Sir Thomas White Loan Charity and Pattersons Commercial Law delivered prizes worth more than £6,000 to finalists of Leicester College’s first-ever Pitch Your Passion competition, which came to a conclusion on Friday (23 March) afternoon.
A video game developer, personalised textile creator and an innovative writing tool were the three ventures that benefited from the competition’s top three prizes, which will be utilised to develop each business further in addition to providing professional business and legal support courtesy of Pattersons Commercial Law.
Following pitches delivered by the six shortlisted finalists, a judging panel consisting of The Sir Thomas White Loan Charity Chair of Trustees David Howard, owner and director of Pattersons Commercial Law Rik Pancholi, Leicester College Employability and Enterprise Manager Gemma Jackson and the college’s Director of Human Resources Rod Wood, came to a unanimous decision on which businesses should benefit from financial investment and professional support.
The Sir Thomas White Loan Charity, based in Friars Mill, Leicester, has revealed that a grand total of £185,420 was approved in interest-free business and education loans in the Charity’s final quarter of 2017.
Of that sum, £124,100 is to be used to help 10 entrepreneurs start up or develop businesses within Leicestershire and Rutland, whilst a further £61,320 will be delivered to enable eight students to continue their studies at postgraduate level.
Two budding entrepreneurs from Leicestershire have been provided with the financial support to start up new businesses within the county, thanks to business loans provided by the Sir Thomas White Loan Charity.
The Charity, which provides interest-free loans of up to £15,000 to people aged over 18 and under 35, approved loans totalling £18,000 to assist with the setup of the two new businesses, following the most recent quarterly round of interviews with prospective borrowers. The two successful applicants will now be provided with a three-year period to get their businesses up and running, before commencing equal repayments over the following six years with no interest to pay.