The UK
Similar
schemes have been launched before with a lot of fanfare, but they have failed
to deliver results.
For
example, Business Link was established in 1992. It had an annual budget of over
£150 million.
Business
Link offered consultants an opportunity to milk the taxpayer while providing
useless advice to entrepreneurs. Many businesses were left disappointed at the
Business Link service, calling it a waste of money.
Business
Link was shut down in 2011.
The
Business Link website was launched in 2004. In 2010, it emerged that the website
cost £35 million a year to run!
We are
keen to hear your views on the Start Up Loans programme. Please feel free to
share your experience here - including the good, the bad and the ugly!
How
useful did you find the programme?
What
effect will this have on your business, if at all?
How would
you rate the consultants and mentors?
Useful Links:
The £105m
website
Business
Link: never fit for purpose
Business
Link website costs £35m to run
