Young business persons were offered an enticement to start entrepreneurship when it was stated that 30,000 of them would get free space to work from.
People interested in starting up a new business were given more inducement after the declaration that thirty thousand budding youngsters would be offered free office space. 
The room was being provided by pliable provider of work space, Regus and could be availed of by those applications that have succeeded in the Startup Loans that was introduced just lately by the government. This scheme will guide about 82.5 million pounds into assisting youngsters commence their own business, via mentoring and the 2,500 micro-loans.
The chairman of this proposal, James Cann who was once the star of Dragon’s Den, commended Regus for its dedication that was worth 20 million pounds. He said that, that Regus has been generous enough to provide the space shows the terrific determination of the private segment to back the Startup Loans and that he was of the firm belief that it was the beginning of plenty more firms coming forward to aid young entrepreneurs with the utilities they would require to start and succeed in their own enterprises.
This free deal would consist of a six month period when they can utilize without any restrictions Regus’s 1,200-location network of Virtual Office, across the world business lounges of which over 160 are in the UK, call answering and handling of mail, a business address in a well known location and also reduced rates on the various other products and services provided by Regus.
The Prime Minister too congratulated the move stating that business was imperative for the future growth of the country and that he greeted the great news that Regus were egging on the young business minded people and assisting them to get their enterprises going. He said that it was one of the most extraordinary examples of a well settled and successful firm lending a helping hand to foster the growth of the next generation of businesses in Britain.
It was declared by the government lately that it would also ensure that work space could be availed of to commence business by leaving open eighteen vacant government buildings to new young business entrepreneurs.
In the beginning off the year, Regus had offered businesses free accessibility to their working centres so that the people could be near their homes on Valentine’s Day.
