View Full Version : Finance Problems

19-10-2004, 06:11 PM
I am planning to start my own business but I don`t think I will be able to get a loan because I am still a student. I am actually thinking of quiting university because I want to start my own business.I have a baby and the demands of coping up with university are high I have not stayed in this country for three years and it is a requirement in most bank to have stayed in the uk for 3 years but my stay will be 3 years from the 24th of November. If I can get advise on where I can get a grant/similar assistance in starting up a business.

21-10-2004, 09:30 AM

You may find that starting your own business and looking after your baby is even more demanding than being at university. Often, people involved in new businesses will work more than 10 hours every day.

The availability of business grants and loans differs from region to region and from project to project. It will be best to seek advice and information from your local business support organisation.

Try the most relevant of the following:

Business Link (England)

Business Connect (Wales)

Business Gateway (Scotland)

Invest Northern Ireland

The Economic Development department at your local council (http://www.oultwood.com/) may also be a good source of information about grants and loans. In addition, local enterprise agencies (http://www.nfea.com/index.htm?page=find_lea.htm) and the Prince's Trust (http://www.princes-trust.org.uk/) may also be able to help.

If you register online with Shell LiveWIRE at http://www.shell-livewire.org/cgi-bin/register.pl, you will be able to access a great deal of relevant information within the Be Your Own Boss section, including articles on Finance and Funding.

Good luck,