This feature appears on pages 12-14 of Sharing Success Magazine 2017 Issue:1 Subscribe. To see the full article, visit our website and subscribe to access the magazine in both digital and hard-copy formats.
How to fund your idea
Virgin Startup is the not for profit Virgin company for entrepreneurs. We're on a mission to help more people create sustainable businesses in the UK. We do this by distributing government-backed start up loans ranging from £500 to £25000 to entrepreneurs launching or growing a business that's under two years old in England or Scotland.
Since launching, we've provided over £13 million to help start 1200 businesses. These businesses stretch from the toe of England to the tip of Scotland and span all corners of enterprise from cake shops to gyms, apps and everything in between.
We match every business that receives a Virgin Start Up loan with their own local mentor. These mentors commit to 15 hours of far to face support for the first twelve months in business.
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