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North East Start Up Loans recipients to receive Enterprise Nation backing

New North East startups financed by the Government-backed Start Up Loans programme are set to receive valuable extra support via small business network Enterprise Nation.

From today, all new Start Up Loans customers will receive free Enterprise Nation membership with access to its network of advisers, influencers and regional events aimed at taking their business to the next level.

The deal is set to offer an additional £330K worth of collective benefit for loan recipients.

Emma Jones, Founder of Enterprise Nation, said: “Offering on-going early stage intervention has been shown to be the most effective way to create successful, sustainable businesses.

“Access to our support network means Start Up Loans customers will be able to supplement the advice they receive from Start Up Loans delivery partners with the rich vein of on-demand help Enterprise Nation has developed across the UK, wherever they are.

“We’ll also give them access to events and opportunities where they can speak to buyers, influencers and explore export opportunities in a meaningful way. We’re expecting to see an impressive influx of new firms take up the offer of advice.”

The announcement comes after the Start Up Loans Company celebrated reaching 36,000 loans and £200m of lending, whilst at the same time delivering more than £3 in benefit to the economy for every £1 spent.

Joanna Hill, Chief Commercial Officer at Start Up Loans, said: “We want to ensure the businesses we back have every possible chance of succeeding.

“Our partnership with Enterprise Nation will bring valuable additional benefits to our customers, complementing our existing offering of free business support and mentoring. Enterprise Nation’s wealth of experience and established networks in the start-up arena will provide a fantastic asset for our customers.”

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