In this week's Franchise Update, we are reporting on positive news from Barclay's as well as a new government fund for technology business start ups.
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Barclay’s has issued a report which states that small businesses are most likely to benefit from market contraction. The report found that small to medium size enterprises in the beginning of their life cycle stand to benefit most from government stimulus deals and interest rates and Barclays now believe that there is a real opportunity for entrepreneurs and SMEs in the latter half of 2009. To find out more about starting your own business – why not browse through Franchise Direct’s directory of franchise opportunities.
The government has announced a new fund of £150 million for technology business starts ups. The UK Innovation Investment Fund has been set up in reaction to warnings from the technology industry that hundreds of UK technology companies could fail due to a lack of funding. To find out more, visit theBuilding Britain's Futurewebsite.