CWRT works closely with the Coventry & Warwickshire Local Enterprise Partnership, Coventry and Warwickshire councils, and the Start-Up Loans Company, an organisation which is chaired by former Dragon’s Den dragon James Caan.
The organisation lends both start-ups and existing businesses between £1,000 and £75,000, and provides mentoring support pre and post loan application to help entrepreneurs start their own business and to encourage employment across the region.
Mike Musson, Chief Executive of CWRT comments: “We are already supporting some exciting companies both in the region and beyond, and we’re confident that we can reach our Christmas target.”
The Trust is currently on target to reach 100 start-up loans by the end of this month.
Mike Musson concluded: “With the new government firmly in place, we are witnessing real confidence among regional businesses, and our team is gearing up for our peak autumn lending period.”