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7. Support for entrepreneurs
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Lesson Objectives To be able to identify a range of places where an entrepreneur could get help To be able to advise Deb on the support currently available to entrepreneurs wanting to start a business.
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Starter Stand up if you think Deb can get a loan from the Government to start her business. Stay seated if you think she can’t.
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Where should Deb look for support for her business idea? 1.Government 2.Charities 3.Private firms on the Internet Your secondary research should focus on these three areas. Your investigation 3 report will need to discuss you “knowledge and understanding of the help available to entrepreneurs”. As there are billions of websites the next few PPT slides and accompanying website will narrow down your search so you make the most of your research time.
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Evaluation and advice worksheet Fill this in as you watch the presentation
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1. Government help for entrepreneurs
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Government – department for business, innovation and skills Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Government advice website Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Government business start up loans Start-Up Loans are available to 18 – 30 year olds in England to start a business Anybody living in England or Northern Ireland, at least 18 years of age, and up to 30 years of age, at the time of application can apply for a Start Up Loan. Would Deb qualify for a loan? Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Government Start up loans Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Read the case study and try the questions
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Try the worksheet
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Video on government start up loans scheme To start video (4 mins) click image or click here.here
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2. Charities help for entrepreneurs
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Princes Trust Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Video on princes Trust http://www.bbc.co.uk/newsbeat/21161377
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3. Private firms on the internet and how they help entrepreneurs
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Shell Live wire Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Local Chambers of Commerce websites to help entrepreneurs (have to look for one in your area) Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Help for women entrepreneurs Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Deb could use a forum to get help Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Deb could watch YouTube Videos on how to start a business Evaluate this site – how useful would it be to Deb as a young Entrepreneur in the UK?
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Conclusions Read these articles with opposing views and develop your conclusions – what should Deb do?
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Plenary Activity Now find at least 5 websites that have information that would be useful for Deb and remember: – UK – Café – Limited start-up capital – 23 years old Share these with your class and you should build up a large bank of websites – rate them or rank them and evaluate their usefulness to Deb.
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