StartUp Loans

    Regus gives £20m boost to young entrepreneurs with StartUp Loans

    StartUp Loan

    On 5 July 2012 UK Prime Minister David Cameron announced that Regus would provide 30,000 young entrepreneurs across England with access to its global network of business lounges and administrative support. Worth £20 million, this support from Regus will give a tangible boost to young entrepreneurs who are starting up a business. It complements the Government’s StartUp Loans scheme managed by James Caan of Dragon’s Den fame.

    Regus will offer this group of entrepreneurs:

    • Six months free and unlimited use of its Virtual Office (a network of business lounges in over 1,500 business centres worldwide, including over 160 in the UK);
    • A business address in a recognised business location;
    • Mail handling, call answering and administrative support; and
    • Discounts on all other Regus products and services.

    The £83 million StartUp Loans scheme was announced in May and is a government backed project, lending up to £2,500 to any young person wanting to start a business.

    Interested entrepreneurs should visit: for details of how to apply.

    Once loans are approved, company details will be passed to Regus and the Virtual Office will then be set up within 10 days.

    "Enterprise is vital to our country's future and I welcome the excellent news that Regus are getting behind our young entrepreneurs and helping them get their businesses and ideas off the ground. Regus' support for StartUp Loans is a fantastic example of an established and successful company reaching out to help nurture the next generation of British businesses.

    "As a Government, we also have buildings at our disposal and I am determined that, where we can, we make unused space available to aspiring entrepreneurs to build and grow their businesses. We recently announced that 20 empty Government buildings will become spaces available for start-up businesses and this work continues."

    David Cameron, Prime Minister

    David Cameron, Prime Minister
    Steve Purdy, Regus UK MD

    "When the StartUp Loans scheme was announced, it was immediately clear that this was an initiative that Regus should actively support. We believe businesses should be investing in the next generation of British entrepreneurs and the future of British business. Rather than moaning from the sidelines about what more the Government should do to stimulate growth, we believe it is time business offered some meaningful support - we hope others will follow suit."

    Steve Purdy, Regus UK MD

    "I am delighted to welcome Regus as our first Global Partner - not least because they are a great example of how a small company can grow to become a world leader. This £20m commitment from Regus will provide these young entrepreneurs with first-rate facilities and support as they embark on their exciting new journey."

    "Regus' generous provision has demonstrated to me the fantastic will of the private sector to get behind StartUp Loans and I believe this is the start of many more companies coming on board to make similar offers helping young people with the tools they need to launch and grow their own businesses through StartUp Loans."

    James Caan, StartUp Loans Company Chairman

    James Caan, StartUp Loans Company Chairman
    Mark Prisk, Business and Enterprise Minister

    "We want to give young people the best possible chance to start and grow their own enterprise. StartUp Loans is not just providing a small amount of funding, but is about looking at the bigger picture and giving access to a full package of business training and mentoring. The offer by Regus to provide £20 million of further business support is an added boost to young people looking to get into business."

    Mark Prisk, Business and Enterprise Minister

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