Govt loans encourage local entrepreneurship
Three local business owners plan to expand their businesses with the help of loans awarded by the Gibraltar Government’s Gibraltar Business Nurturing Scheme [GBNS].
Swift Dry Cleaners, Wonderland costume shop and Special Ops laser tag were all approved for the scheme.
Since the Gibraltar Government set aside £250,000 for this new scheme a total of seven applicants have successfully acquired loans. The idea behind the scheme is to encourage locals with a business idea or those wishing to expand.
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