![]() It was one of the first enterprise zones. He said: “Liverpool was granted a charter 800 years ago to allow it to start trading as a city. Yesterday’s opening address was given by Liverpool city council leader Joe Anderson who told the audience the spirit of entrepreneurship in the city stretches back more than 800 years. “I hope the winners are very successful.” This is a very competitive fund and the response shows what a great vibrancy there is in the city. The fund has received more than 300 applications and Lord Heseltine said: “That is fantastic news. Lord Heseltine hailed the response to the ECHO’S £1m Business Booster fund which is offering cash grants of between £10,000 and £100,000 to small firms across Merseyside. Speakers at the event included Merseyside champion Lord Heseltine, former Tesco chief executive Sir Terry Leahy and internet entrepreneur Martha Lane Fox. The GEC has been organised by Liverpool Vision and the US-based Kauffman Foundation and forms part of a week-long “festival of entrepreneurship” which includes more than 80 fringe events around the city centre. “Liverpool was struggling economically in the 1970s but it was always a fun city.” Of his Bold Street record shop he added: “It became more like a club than a shop with people coming in and listening to the music. Just getting out and interviewing people was a different kind of education for me.” “Starting and running the magazine was an education in itself. “I was not the most academic child but I wanted to start a magazine that would give a voice to young people. “But during times like this things can cost a lot less too and that presents an opportunity.” “These are difficult times for anyone out of work and setting up a business can be tough. “So let us consider offering loans to young people who have great ideas. The billionaire added: “What this is about is helping young people to become entrepreneurs – for many of them going to university is just not necessary. His next venture was a record shop chain – one of the first of which was opened in Liverpool’s Bold Street in the early 1970s. We could get the banks involved in this.”Įarlier Sir Richard had told the 3,000 GEC delegates at the ECHO Arena about how he had overcome dyslexia to start his first business – a magazine – when he was still a teenager. He said: “What we have suggested to Government is that we introduce entrepreneurial loans, similar to student loans. In an interview with the ECHO at the Global Entrepreneurship Congress (GEC) in Liverpool Sir Richard said we needed to inspire a whole new generation of entrepreneurs. It does not store any personal data.VIRGIN tycoon Sir Richard Branson said the Government should offer student-type loans for young entrepreneurs who don’t want to go to university. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is used to store the user consent for the cookies in the category "Other. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly.
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