David Cameron Announces Start Up Loans Scheme

David Cameron Announces Start Up Loans Scheme

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses a government scheme aimed at supporting young entrepreneurs in the UK by providing startup loans. The scheme initially targeted individuals aged 18-24 but has expanded to include those up to 30 years old. While some, like fashion designer Christopher Davies, have benefited from the loans, others criticize the small loan amounts as insufficient for significant business growth. The government acknowledges the challenges faced by small businesses in securing bank loans and aims to address these issues through the scheme.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the expenditures Christopher Davies made with his startup loan?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Stan Reynolds' opinion on the effectiveness of the startup loan scheme?

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