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Enterprise Week kicks off with £100m funds

Date 14 Nov 2006
Author The Editor

Enterprise Week takes place this week, with more than 2,000 events across the UK. It coincides with the second round of the Government’s Enterprise Capital Funds, which provides £100m to boost innovation, jobs and growth for budding entrepreneurs and existing businesses in the UK.

Enterprise Week, which is funded by the DTI's Small Business Service, is a series of events to get young people thinking about starting their own business and taking their first steps towards being the entrepreneurs of the future.

Small Business Minister Margaret Hodge officially opened the second round of bidding. She commented: "Too many of our most innovative businesses with genuine potential fail because they can't bridge the equity gap. Enterprise Capital Funds are a key Government intervention to help provide the investment that is vital to these businesses and provide a real boost to economic growth in the UK - and I urge potential bidders to apply."

"Enterprise Week is a great way to promote and celebrate an enterprise culture and instill in young people the aspiration to succeed as entrepreneurs. The sheer scale of the events is heartening, and the range of events really captures what it's like to be an entrepreneur - it's exciting, it's adventurous."

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