Royal Watch News

Prince Andrew appoints University Student Ambassadors

Feb 26, 2013, 12:02 GMT

Prince Andrew

Britain's Prince Andrew has helped appoint University Student Ambassadors for the Start-Up Loans Company.

The Duke of York was at Buckingham Palace yesterday (25.02.13) for the company's first Student Ambassadors reception, to help encourage other students considering starting a business and direct young entrepreneurs to apply for Start-Up Loans.

James Caan, noted entrepreneur and Chairman of the Start-up Loans Company, said: 'Student entrepreneurship is a vibrant community and through Start-Up Loans, we can help foster the amazing innovation that is evident in Universities across the country. Through the Ambassadors who have all been selected, we will be able to catalyse enterprise amongst students.'

The Ambassadors will be heads of student entrepreneurship societies from universities throughout the UK as well as invited students.

The number of Ambassadors will depend upon the university's scale and the quality of applicants.

Andrew hosted the event as part of his continued focus on promoting entrepreneurship and supporting initiatives that extend better access to capital to early-stage businesses.

The Start-Up Loans Company seeks to provide affordable loans and business training to young people who are living in England, looking for finance to start a business and who have a viable business plan.