Member Article

Start Up Loans Company offers Sussex entrepreneurs a boost

Start Up Loans Company has handed out £660k out to 167 startups in Brighton and Hove in the last 18 months.

Young entrepreneurs were helped to launch their global company business with a £5,000 startup loan.

The money has come from the Start Up Loans Company, a government-funded initiative to boost new ventures.

Multi-linguists Jack Kiely, 25, and Matt Howard, 24, met at the University of Sussex before founding LanguageNow, based in Hove, offering translation, interpreting, proofreading, transcription, certification, desktop publishing and typesetting services.

Matt said: “I started out as a City boy, but hated it so I dropped out and went to live in the woods in France, teaching kids outdoor education.

“In the end I needed to get back into mainstream society so came back and worked with Jack on LanguageNow.

“We’ve already worked with McDonalds, universities, charities – all sorts.

“The market is really big. Lots of businesses need to operate internationally so translation is extremely important.

“There’s a lot of bad translation out there but good translation is a real art form.”

The Let’s Do Business Group administers Start Up Loans in the South East

This was posted in Bdaily's Members' News section by Ellen Forster .