Startup loans aims to increase Northern Ireland Enterprise
by Startacus Admin
Startacus recently spent some time speaking with Rockstar Youth MD and Founder Jonathan Pfahl discussing the organisation’s drive to develop the UK government’s startup loan scheme across the water in Northern Ireland.
As one of only a few facilitators of the Startup Loan scheme in Northern Ireland, Rockstar Youth aim to develop their market leading programme for young
entrepreneurs aged 18-30 yrs to support them through principle ideation to enterprise creation and furthermore accelerated growth and investment.
Rockstar Youth, a subsidiary of the Rockstar Group, the UK’s leading private mentoring organisation that supports entrepreneurs and businesses launch and growth, is driving the success of the government’s Youth Start Up Loans Programme, having cut red tape and connected with some of the UK’s most exciting young entrepreneurs. Rockstar Youth MD and founder Jonathan Pfahl, himself a 31 year old dynamic entrepreneur, is delighted at the opportunity to launch Rockstar Youth in Northern Ireland:
“We are looking forward to meeting and working with the young entrepreneurs based in Northern Ireland, with the hope of creating many more young entrepreneurial success stories”.
Rockstar Youth is a part of the Rockstar Group the UK’s largest entrepreneurial mentoring organisation.
Startup loans, managed by over 50 service facilitators in England has to date supported over 8000 young entrepreneurs and lent over 41 million, helping aid young entrepreneurs who may otherwise have struggled to find capital to start that business and make their ideas a reality. Working a little like the student loans scheme that was introduced some time ago to support students with cash when at uni, the startup loan scheme helps out young entrepreneurs to create business opportunities if they’re finding finance hard to come by.
Of course, as this is the real world, money doesn't come easy, so interested young wannabe entrepreneurs will have to complete all the necessary paperwork, application forms and business plans in order to be considered for the loan. After all, that's the minimum you would expect to have to do if you went to a bank, or investor anyway. If you’d like to check out all the details, just check out this link to the Rockstar Youth website. Also, it’d certainly be worth your while checking out Jonathan's business plan tutorial while you’re at it!
The Start-up Loan scheme offers between £2,500 and £10,000 and it’s good to see this range of financial support is available to help launch 'that idea' although it is of course only one of a few possible options available for financing your business venture. We’d be keen to see the end of the age restrictions which have already been removed in England being rolled out elsewhere too.
The first Rockstar Youth incubator session in Northern Ireland takes place on the 22nd October, with a second session planned for the 15th November in Belfast. For more info on the events themselves and to apply go to www.Rockstaryouth.co.uk and also check out all those ever important FAQ on the Startup Loans site itself.
Get your skates on if you’re thinking of applying and if you do, a big good luck from the Startacus team too!
If you like what you see here on Startacus, why not become a member of our growing community? It's free! And you'll get all this - exclusive access to our Business Toolkit, discounts and offers galore for your business via our member only business deals, the chance to network and connect with loads of fellow self-starters, and maybe even become our celebrated 'Self-Starter of the Week' and tell the world your startup tale! Join right here for free...
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The inaugural LINEUP tech event, happening in Derry, NI has announced key speakers, sponsors and themes for its 5th March event.
Take advantage of today’s digitised world! Here are 4 reasons digital marketing could work for you and your business.
Research shows that the majority of staff prefer benefits to high monetary compensation. Here are some ideas on how to increase talent retention...
Innovative project launched by UK Proptech startup to reduce workers' commuting and in turn help alleviate pollution and congestion
Startup funding is never easy, however here are a few of the options that can help you fund your startup without going broke in the process
The future and success of Britain’s high streets has been long debated. So, what are the tech trends that could help impact the Highstreet in 2020?
Innovative startups are currently being sought by BMW Group Financial Services UK which has just launched the third instalment of its Innovation Lab
Starting a business can be a lot of hard work, so here's a few ways to avoid burnout and find a healthy work life balance.
The child health app on a mission to become the first nationwide digital redbook, just got a step closer to making their mission a reality...
The Cambridge-based startup that has created an empowering tool to drive the next wave of biological innovation
Published on: 6th October 2013
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Lineup 2020 announces key speakers, sponsors and themes 27th Jan 2020 The inaugural LINEUP tech event, happening in Derry, NI has announced key speakers, sponsors and themes for its 5th March event.
- Ideation NI Thon at NI Science Festival sets out to solve global issues 17th Jan 2020 At one-day event Ideation NI Thon, students will get the chance to solve global and local sustainability, environmental, city and health problems.
- NI startup ESTHER takes flight to New York 16th Jan 2020 NI startup ESTHER, a peer-2-peer giving platform allowing charitable donors to give money directly to people living in poverty, head to New York for a 4-day fact finding mission.
- 2019 stats show that the gender pay gap continues 14th Jan 2020 Recent research by Starling bank shows that in 2019, women earned up to £12,319 less per year than their male colleagues of the same age and within the same industry
